6823 - 6837 South Grand Avenue is a 11,850 square-foot neighborhood shopping center located in Hammond IN. The Property is located at the intersection of Grand Avenue and 169th Street, just west of the I-912 interchange. The building is 100% occupied. Overall, the building provides investors strong cash flow from a stabilized asset that offers the opportunity for rent growth. The property has an average rent below comparable buildings which have an average Market Rent of $15.43 psf, offering value-add opportunity for the new owner.
Below Market Rent - The property has an average rent below comparable buildings which have an average Market Rent of $15.43 psf
Neighborhood Center - The property has been a staple in the community since 1968 and will remain so for decades to come.
Landlord Termination Rights - Offering swift termination options to enable a purchaser the chance to seize emerging market opportunities cost-effectively, ensuring that investments remain aligned with investment expectations.