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1105-1113 5th Ave
Hammond, IN 46320
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
55,010 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.30 AC
Parking
228 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
341’ on 5th Avenue

ABOUT 1105-1113 5TH AVE , HAMMOND, IN 46320

Located in the greater Chicago MSA, the Asset benefits from a densely-populated consumer base exceeding 170,000 residents within a five-mile radius. The Asset’s location in Northwest Indiana offers valuable exposure to a greater Chicagoland area while benefitting from Indiana’s low cost of doing business. Located just off of Interstate 90, the Asset benefits from traffic generated by neighboring retailers and surrounding manufacturing plants. The Asset is adjacent to various newly-built, freestanding net-leased properties such as IHOP, a multi-tenant strip center and a 184,000 square foot Walmart Supercenter. Other traffic drivers in the area include the Horseshoe Casino, Hammond Yacht Club, Unilever, Cargill and the Hammond Amtrak train station. The Walmart Supercenter adjacent to the Asset is one of the highest performing Walmart locations in the trade area. This location’s success reinforces that this area is an established yet growing retail market. The Asset is part of the Hammond Marina District’s major retail development project, which includes the following adjacent properties: Walmart, Popeye’s, IHOP, BP fuel station and a 14,250 square foot strip mall with a variety of national retail tenants. With more developments in progress, the Asset is in a growing retail market that will continue to establish itself as a major retail corridor in the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-02-01-251-004.000-023
Land Assessment
$1,007,600
Improvements Assessment
$7,087,500
Total Assessment
$8,095,100
  • Listing ID: 12030221

  • Date on Market: 3/23/2018

  • Last Updated:

  • Address: 1105-1113 5th Ave, Hammond, IN 46320

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