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6933 Indianapolis Blvd
Hammond, IN 46324
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Net Lease with Early Lease Extension
- Excellent Access & Visibility at Signalized Intersection
- Proximity to Purdue University’s Northwest Camp
- Best-in-Class Tenant with Investment Grade Parent
- Dense Retail Corridor
- Dense Demographics
EXECUTIVE SUMMARY
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar asset located in Hammond, IN (the “Property”). The Property consists of a 10,080-square-foot retail building, on a 0.758-acre parcel of land. Family Dollar is operating under a net lease with limited landlord responsibilities. Additionally, in 2021, Family Dollar extended their lease early for an additional five (5) years, demonstrating their continued success and commitment to the Property. See the lease abstract for full details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,256 SF
Building Class
C
Year Built
2011
Price
$1,506,857
Price Per SF
$133.87
Cap Rate
8.75%
NOI
$131,850
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.76 AC
Parking
65 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
300’ on Indiana 152
PROPERTY TAXES
| Parcel Number | 45-07-08-401-003.000-023 | Improvements Assessment | $521,700 |
| Land Assessment | $167,300 | Total Assessment | $689,000 |
PROPERTY TAXES
Parcel Number
45-07-08-401-003.000-023
Land Assessment
$167,300
Improvements Assessment
$521,700
Total Assessment
$689,000
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