5550 Sohl Ave - Freestanding FOR SALE


Hammond, IN 46320
$2,200,000 USD
219-864-0200
5550 Sohl Ave, Hammond, IN for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/8
null | 10.49% Cap Rate

5550 Sohl Ave
Hammond, IN 46320


HIGHLIGHTS

  • 100% Leased shopping center anchored by Family Dollar.
  • Value-add opportunity with below market rents.
  • Long term operating history from the Grocer.
  • Prime location in Hammond, IN, providing high traffic and visibility.
  • Priced well below replacement value.

OVERVIEW

Sohl Plaza presents an outstanding investment opportunity in Hammond, IN. This fully leased retail plaza spans 43,520 SF and features a diversified tenant mix of Family Dollar, Zara Wholesale, and First Choice Market, ensuring a steady and reliable income stream. The subject property offers a value-add opportunity with under-market rents. Long term operating history from the Grocer.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

10.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sohl Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

4.14 AC

LAND SF

180,338 SF

ZONING

-

APN/PARCEL ID

45-02-36-454-002.000-023

ASK ABOUT THIS PROPERTY

Myles RapchakLatitude Commercial Real EstateMore Info
219-864-0200

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Myles RapchakLatitude Commercial Real EstateMore Info
219-864-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.