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Sohl Avenue Plaza 5550-5600 S Sohl Ave 14,000 SF of Retail Space Available in Hammond, IN 46320
HIGHLIGHTS
- Heavy Traffic Count
- Large open space
- Ample Parking
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 | 14,000 SF | 15’ | 5 Years | $6.90 /SF/YR $0.58 /SF/MO $96,600 /YR $8,050 /MO | Triple Net (NNN) |
5550 Sohl Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Freezer Space
- Emergency Lighting
- Finished Ceilings: 15’
- 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.
SELECT TENANTS AT SOHL AVENUE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 1st Choice Market
- Supermarket
- 1
- -
- Family Dollar
- Dollar/Variety/Thrift
- 9,663
- National
- Grifols
- Health Care
- 299
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 1st Choice Market | Supermarket | 1 | - |
| Family Dollar | Dollar/Variety/Thrift | 9,663 | National |
| Grifols | Health Care | 299 | International |
PROPERTY FACTS
| Total Space Available | 14,000 SF | Frontage | Sohl Avenue |
| Center Type | Neighborhood Center | Gross Leasable Area | 43,520 SF |
| Parking | 100 Spaces | Total Land Area | 4.14 AC |
| Stores | 5 | Year Built | 1963 |
| Center Properties | 1 | Cross Streets | SWC Sohl Ave & Douglas |
| Total Space Available | 14,000 SF |
| Center Type | Neighborhood Center |
| Parking | 100 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | Sohl Avenue |
| Gross Leasable Area | 43,520 SF |
| Total Land Area | 4.14 AC |
| Year Built | 1963 |
| Cross Streets | SWC Sohl Ave & Douglas |
ABOUT THE PROPERTY
6000-14,000 SF of Office/Retail now available for at 5550 Sohl Ave in Hammond, IN. "Sohl Plaza". 1st Choice Fresh Market and Family Dollar drive daily needs traffic. Ideally Located just minutes from the brand new Hammond Indiana High School and Hammond Civic Center. An abundance of parking. Great opportunity retailer.
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
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Sohl Avenue Plaza | 5550-5600 S Sohl Ave
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