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5268 Hohman Ave 2,700 SF of Retail Space Available in Hammond, IN 46320
Highlights
- Modern Space in OpportunityZone and Enterprise Zone with Rooftop use.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,700 SF | 11’ - 15’ | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $86,400 /YR $7,200 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 11’ - 15’
- Display Window
- Wheelchair Accessible
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.
Site Plan
Property Facts
| Total Space Available | 2,700 SF | Gross Leasable Area | 2,750 SF |
| Property Type | Retail | Year Built | 1939 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,750 SF |
| Year Built | 1939 |
About the Property
A rare opportunity to lease MODERN 2,700 SF of prime retail space in the heart of downtown Hammond, Northwest Indiana’s fastest-evolving urban corridors. Delivered as a vanilla box shell, the space offers a highly adaptable layout suited for chef-driven restaurants, boutique retail, hospitality, or experiential concepts seeking to establish a flagship presence in a desirable emerging market. Situated within a C-3 zoning district, the property uniquely benefits from both Opportunity Zone and Enterprise Zone designations—creating a compelling economic environment for tenants. Qualifying users may take advantage of potential tax incentives tied to tenant improvements, equipment investment, and hiring, while also benefiting from increased capital investment and long-term growth driven by Opportunity Zone-backed development. The surrounding downtown is undergoing significant reinvestment, with rising residential density, including the 100 unit Banc, and the $5M restoration of Hotel LaSalle next door. The flagship Yale Executive Building across the street, expanded business activity, and increasing foot traffic from commuters. The property is located a block away from the new $10M downtown Hammond station, providing direct commuter connectivity for both customers and employees. A defining feature of this offering is the included rooftop access, presenting a rare opportunity to develop a signature rooftop dining and bar experience—an amenity that can elevate brand identity and drive destination traffic. Asking rent of $32.00 PSF includes full tenant use of the rooftop area, delivering added value and a unique opportunity to activate both street-level and rooftop environments under one lease. Ideal for visionary operators seeking early positioning in a high-growth downtown submarket.
Nearby Major Retailers
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5268 Hohman Ave
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