Sheffield Ave 3704, Hammond, IN

Listing agent Steven Goldstein

Listing office Jameson Commercial s***@chicagobroker.com Show Phone

Listing date May 9, 2025

Source Moodyscre

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Overview

This retail shopping center is anchored by Family Dollar. The property includes approximately 9,000 square feet of vacant space with mezzanine space, offering opportunities for a new tenant or owner-user. Family Dollar has been a tenant at the property since 2002 and has exercised multiple extension options. The Family Dollar lease is secured by a triple net lease and a corporate guarantee from Family Dollar for approximately 50% of the building. The property is located in a highly accessible and densely populated area, approximately 1.2 miles from the Hammond Station for the South Shore line and 2.3 miles from Hegewisch Station. Chicago’s Midway Airport is a 35-minute drive away.

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hammond

County

Lake

State

Indiana

Longitude

-87.5182

Latitude

41.6463

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FAQs

What type of property is this?

Shopping center - Retail shopping center with Family Dollar and vacant space.

Where is this shopping center located?

The property is located at Sheffield Ave 3704 Hammond, IN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Family Dollar anchors the center with a corporate guarantee and a triple net lease covering approximately 50% of the building.; Significant value‑add opportunity with approximately 9,000 SF of vacant space (with mezzanine) available for a new tenant or owner/user.; Established Family Dollar lease in place since 2002 with multiple extension options exercised and future options with rent escalations remaining.