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Highlights

  • ANCHOR REDEVELOPMENT OF WOODMAR RETAIL NODE

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 150-60,000 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

REDEVELOPMENT OF CLOSED WALMART: SIZES AVAILABLE RANGING FROM 1500 SF TO 60,000 SF. SMALL SHOP SPACE, JUNIOR ANCHOR, AND MAJOR ANCHOR RETAIL POSITIONS AVAILABLE.

  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor 150-60,000 SF 5 Years Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
150-60,000 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

REDEVELOPMENT OF CLOSED WALMART: SIZES AVAILABLE RANGING FROM 1500 SF TO 60,000 SF. SMALL SHOP SPACE, JUNIOR ANCHOR, AND MAJOR ANCHOR RETAIL POSITIONS AVAILABLE.

  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

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.

Select Tenants at Former Wal-Mart

  • FOOD FOR LESS
  • HOME DEPOT
  • NEW SPORTSPLEX

Property Facts

Total Space Available 60,000 SF
Min. Divisible 150 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 140,137 SF
Total Land Area 11.27 AC
Year Built 2000
Parking Ratio 3.57/1,000 SF

About the Property

REDEVELOPMENT OF CLOSED WALMART: SIZES AVAILABLE RANGING FROM 1500 SF TO 60,000 SF. SMALL SHOP SPACE, JUNIOR ANCHOR, AND MAJOR ANCHOR RETAIL POSITIONS AVAILABLE. THIS EXCITING NEW RETAIL SHOPPING CENTER CONVERSION WILL COMMENCE CONSTRUCTION IN 2018 WITH SPACE DELIVERIES AS EARLY AS LATE 2018 THRU EARLY 2019. SOFT GOODS FASHION ANCHOR CO-TENANCY IS BEING NEGOTIATED. SEE ATTACHED ELEVATION AND SITE PLAN. IN ADDITION, A NEW SPORTSPLEX IS UNDER CONSTRUCTION ADJACENT TO THE EAST OF THIS SITE. AN EXISITNG HOME DEPOT AND FOOD FOR LESS ARE ADJACENT TO THE WEST.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Pepe's Mexican Restaurants
Food 4 Less
Fifth Third Bank
Rent-A-Center
Harold's Chicken
Old National Bank
Centier Bank
  • Listing ID: 10768845

  • Date on Market: 11/26/2017

  • Last Updated:

  • Address: 165th Street & Indianapolis Blvd, Hammond, IN 46320

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