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Anchored Retail Shopping Center
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1101-1113 5th Avenue, Hammond, IN 46320

Four-tenant shopping center anchored by Ross Dress for Less with long-term leases in place.

Property SizeContact for details
Days on Market122

Property Features for 1101-1113 5th Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Nicholas Kanich · License #IL 476.147401
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

The fee simple interest is offered in a four-tenant shopping center anchored by Ross Dress for Less. The property includes long-term leases recently signed for Ross Dress for Less, Dollar Tree, Rainbow, and Sadoni Beauty Supply.

The center is located in Hammond, Indiana in the greater Chicago MSA along Interstate 90. The offering notes traffic generated by local retailers and employers, including the adjacent Walmart Supercenter and Horseshoe Casino.

This is a newly-built retail shopping center with the stated tenant roster secured on long-term lease terms.

Key Highlights

  • Four‑tenant shopping center in Hammond, Indiana
  • Anchored by Ross Dress for Less
  • Recently signed, long‑term leases in place for Ross Dress for Less, Dollar Tree, Rainbow, and Sadoni Beauty Supply

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
208k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 58% Shops & Services 22% Apparel 18% Electronics 1%
Walmart Superstores
121,552 visits/mo 0.3 miles
Ross Dress for Less Apparel
32,891 visits/mo 0.3 miles
Five Below Shops & Services
28,750 visits/mo 0.4 miles
Dollar Tree Shops & Services
17,772 visits/mo 0.3 miles
Rainbow Apparel
5,216 visits/mo 0.4 miles

Demographics for 46320, IN

14,514
Population
6,236
Households
2.3
Avg Household Size
33
Median Age
12%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
3,088
Density / Sq Mi
$35,706
Median Household Income
$24,499
Median Earnings
$853
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Four-tenant shopping center anchored by Ross Dress for Less with long-term leases in place.
Where is this shopping center located?
The property is located at 1101-1113 5th Avenue Hammond, IN.
What are key features of this property?
This property features: Four‑tenant shopping center in Hammond, Indiana; Anchored by Ross Dress for Less; Recently signed, long‑term leases in place for Ross Dress for Less, Dollar Tree, Rainbow, and Sadoni Beauty Supply
(312) 327-5422 Call to check price and availability
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