Join Aldi, Planet Fitness & White Castle!!! SVN Chicago Commercial is pleased to offer for sale or lease two (2) "pad ready" outlots for retail development. Outlot (2) is approx. 1.3 acres or 56,268 square feet located on the "hard corner" signalized intersection, and can accommodate a +/- 10,000 SF building. Outlot (4) is approx. 1.04 or 45,302 square feet, and can accommodate a +/- 6,000 SF building. These outlots benefit from being located in the City of Hammond "Gateway Redevelopment TIF District". For Sale at $20/SF, Ground lease at $3.25/SF NNN or build-to-suit
The property is located in Hammond, Indiana (Chicago MSA) fronting Gateway Promenade, an approx. 110,000 square foot community shopping center, anchored by Aldi, with an adjacent existing White Castle outlot building. Major retail trade area with dense 3-mile demographics of approx. 100,000 residents. Across from a new 185,000 Cabela's Super Store, and brand new Walmart Superstore (2015). The property fronts heavily trafficked Indianapolis Boulevard, and is adjacent to a full interchange of I 80/94. Massive daily traffic counts of over 43,000 on Indianapolis Blvd & 166,000 on I-80/94. The property also benefits from it's location near Purdue University's Calumet Campus (100,000 students daily), and Kaplan College (350 students daily).
