Building Details

Year built 1950

Listing Agency: NextHome Real Estate Professionals Show Phone

Listed By: Mitch Crayton Show Phone

Added: Oct 19 Changed: Oct 22 Last Checked: Oct 24 at 3:06AM

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MLS# 2581867

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Investment Insights

Based on property information with market context.

This 996-square-foot retail space is located at 116 East Thomas Street in Hammond, Louisiana. The building dates to 1950. The property is offered for rent.

Key Highlights

• 996 square feet of retail space
• Located at 116 East Thomas Street in Hammond, LA
• Building constructed in 1950

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Smoked LA (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Daycare Center

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

NNN (Triple Net)

Lease Type

$3.62 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,033

Businesses Nearby

Explore this area Business Placement

Demographics for 70401, LA

21,014

Population

10,321

Households

2

Avg Household Size

32

Median Age

35%

College-Educated

88%

High-School Grad

34.7 sq mi

ZIP Area

606

Density / Sq Mi

$50,995

Median Household Income

$31,405

Median Earnings

$977

Median Rent

$226,800

Median Home Value

Market

Lease Benchmarks for Hammond, LA

$15.8 /SF/Yr

Avg Asking Price

$3.29–$32.14 /SF/Yr

Price Range

8,137 SF

Avg Space Size

This space is priced 53% above the average of $15.8 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - A 996-square-foot retail space is available for lease on East Thomas Street in Hammond.

Where is this retail space located?

The property is located at 116 East Thomas Street Hammond, LA.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: 996 square feet of retail space; Located at 116 East Thomas Street in Hammond, LA; Building constructed in 1950