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6510 S Columbia Ave
Hammond, IN 46320
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,833 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.81 AC
Zoning
R33
Parking
87 Spaces (6.25 Spaces per 1,000 SF Leased)

ABOUT 6510 S COLUMBIA AVE , HAMMOND, IN 46320

Walgreens | 10-Yr Corp Net Lease | Chicago MSA SRS National Net Lease Group is pleased to present the rare opportunity to acquire Walgreens, a NN leased, investment property located in Hammond, Indiana. The tenant, Walgreens, recently extended their initial lease through September 2026 indicating their commitment to the site, with 8 (5-year) termination periods. The lease is corporately guaranteed by Walgreens Boots Alliance, Inc. and is NN with minimal landlord maintenance responsibilities limited to roof and structure. The subject property is open 24 hours a day, has a drive-thru and is consistently an extremely strong performing location for Walgreens. The subject site is located at the signalized, southwest corner intersection of East 165th Street and Columbia Avenue (35,300 VPD) in Hammond, Indiana. The asset has excellent visibility & access on a corner site. The site is situated within a prominent retail trade area, with numerous national retailers in close proximity. Surrounding tenants include Advance Auto Parts, ALDI, AutoZone, McDonald' s, Family Dollar, Menards and CVS Pharmacy. The immediate trade area is supported by an affluent household income of $58,695. The 5-mile trade area is supported by a dense population of approximately 248,749 and 102,411 employees.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-07-07-127-003.000-023
Land Assessment
$1,340,500
Improvements Assessment
$1,061,800
Total Assessment
$2,402,300
  • Listing ID: 4844093

  • Date on Market: 11/8/2016

  • Last Updated:

  • Address: 6510 S Columbia Ave, Hammond, IN 46320

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