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1517 W Thomas St 4,312 - 15,260 SF of Retail Space Available in Hammond, LA 70401
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,312-15,260 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $152,600 /YR $12,717 /MO | Triple Net (NNN) |
1st Floor
1517 West Thomas Street in Hammond, Louisiana, boasts a prime location in a dynamic area of the town. Spanning 15,260 square feet, this property offers ample space for various potential uses. Situated just a few miles from both Interstate 12 and Interstate 55, it enjoys convenient access to major transportation routes, enhancing its accessibility and appeal. The building features a prominent large sign along West Thomas Street, adding to its visibility and potential for attracting attention. The Estate Center was the former tenant for nearly 15 years and it's history as a recognizable landmark within the community may further contribute to its appeal for prospective tenants or investors. With its current layout already subdivided into three units, multiple entrances and exit points, and a rear roll up door, the property presents an enticing investment opportunity. This configuration offers flexibility for multiple tenants or uses, potentially maximizing rental income or accommodating diverse business needs. Given its location in a vibrant part of Hammond, Louisiana, the property benefits from its proximity to local amenities, businesses, and residential areas. This could appeal to businesses seeking a strategic location with access to a bustling community and a diverse customer base.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 15,260 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 4,312 SF | Gross Leasable Area | 15,260 SF |
| Property Type | Retail | Year Built | 1972 |
| Total Space Available | 15,260 SF |
| Min. Divisible | 4,312 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,260 SF |
| Year Built | 1972 |
About the Property
1517 West Thomas Street in Hammond, Louisiana, boasts a prime location in a dynamic area of the town. Spanning 15,260 square feet, this property offers ample space for various potential uses. Situated just a few miles from both Interstate 12 and Interstate 55, it enjoys convenient access to major transportation routes, enhancing its accessibility and appeal. The building features a prominent large sign along West Thomas Street, adding to its visibility and potential for attracting attention. The Estate Center was the former tenant for nearly 15 years and it's history as a recognizable landmark within the community may further contribute to its appeal for prospective tenants or investors. With its current layout already subdivided into three units, multiple entrances and exit points, and a rear roll up door, the property presents an enticing investment opportunity. This configuration offers flexibility for multiple tenants or uses, potentially maximizing rental income or accommodating diverse business needs. Given its location in a vibrant part of Hammond, Louisiana, the property benefits from its proximity to local amenities, businesses, and residential areas. This could appeal to businesses seeking a strategic location with access to a bustling community and a diverse customer base. ALL OR PART FOR LEASE• Total Building Size: 15,260• Unit 1: ± 4,312 SF• Unit 2: ± 4,398 SF• Unit 3: ± 6,550 SF
Nearby Major Retailers
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1517 W Thomas St
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