Family Dollar 3704 Sheffield Ave 18,030 SF 100% Leased Retail Building Hammond, IN 46327 $800,000 ($44.37/SF) 16.48% Cap Rate

Jameson Commercial, in cooperation with Key Realty, is pleased to present the opportunity to acquire a Family Dollar anchored small retail shopping center in Hammond Indiana. This investment is secured by a triple net lease and a corporate guarantee from Family Dollar for approximately 50% of the building with the remaining space available for a new tenant or owner/user to occupy. The vacant space is approximately 9,000 SF with mezzanine space. The Family Dollar lease has been in place at the property since 2002 with the tenant having excessed multiple extension options. Several options to extend with escalated rents remain in the lease. The property is ideally located in a highly accessible and densely populated area. The site is situated approximately 1.2 miles from the Hammond Station for the South Shore line and 2.3 miles from Hegewisch Station. Chicago’s Midway Airport is a 35 min drive.
Discover the charm of Hammond, IN, a lively city with a thriving commercial scene. The area boasts convenient access to major transit routes, including nearby Interstates 90 and 94, making it a prime location for an Office / Office Building investor. Just minutes away, you'll find an array of amenities, from restaurants and cafes to shopping centers and recreational facilities. Hammond's rich history and diverse community make it an appealing locale for businesses looking to establish a strong presence in this dynamic market. Explore the potential of this vibrant area and envision the possibilities for your next commercial venture.