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2620 E 165th St 8,656 SF 100% Leased Industrial Building Hammond, IN 46323 $915,000 ($105.71/SF) 8.08% Cap Rate
Investment Highlights
- 2025 Roof Replacement
- New LED lights
- New HVAC
Executive Summary
Investment opportunity with in-place tenant providing immediate cash flow. Ideal for investors seeking a stabilized asset with long-term upside potential.
Located along a high-visibility corridor with strong traffic counts, supporting continued tenant demand and future rent growth. Suitable for medical, office, or service-based tenancy.
Lease terms, financials, and additional due diligence materials available upon request. Opportunity to enhance returns through future lease adjustments and market rent alignment.
Buyer to verify all information including lease details, income, expenses, and property condition.
Located along a high-visibility corridor with strong traffic counts, supporting continued tenant demand and future rent growth. Suitable for medical, office, or service-based tenancy.
Lease terms, financials, and additional due diligence materials available upon request. Opportunity to enhance returns through future lease adjustments and market rent alignment.
Buyer to verify all information including lease details, income, expenses, and property condition.
Property Facts
| Price | $915,000 | Rentable Building Area | 8,656 SF |
| Price Per SF | $105.71 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1974 |
| Cap Rate | 8.08% | Parking Ratio | 2.2/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.43 AC | ||
| Zoning | COMMR - Zoned for commercial use, allowing a wide range of permitted uses including retail, office, medical, and service-based businesses. The zoning supports | ||
| Price | $915,000 |
| Price Per SF | $105.71 |
| Sale Type | Investment NNN |
| Cap Rate | 8.08% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.43 AC |
| Rentable Building Area | 8,656 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 2.2/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | COMMR - Zoned for commercial use, allowing a wide range of permitted uses including retail, office, medical, and service-based businesses. The zoning supports |
Amenities
- Storage Space
- Air Conditioning
Utilities
- Gas - Natural
- Heating
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 45-07-09-126-004.000-023 | Improvements Assessment | $472,400 |
| Land Assessment | $57,200 | Total Assessment | $529,600 |
Property Taxes
Parcel Number
45-07-09-126-004.000-023
Land Assessment
$57,200
Improvements Assessment
$472,400
Total Assessment
$529,600
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Presented by
Austgen Properties Inc
2620 E 165th St
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