317-709-1682
6823-6837 Grand Ave, Hammond, IN for Sale
Storefront - FOR SALE
1/4
null | Request Cap Rate

6823-6837 Grand Ave
Hammond, IN 46323


OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Convenient Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C-2

APN/PARCEL ID

45-07-10-253-004.000-023

ASK ABOUT THIS PROPERTY

Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

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Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

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