Retail Center Anchored by Family
3704 Sheffield Ave Hammond, IN
For Sale
Contact for pricing
Retail shopping center with Family Dollar and vacant space.
Property Size18,000 SF
Lot Size1.15 Acres
Price / SF$41.67
Days on Market447
Property Features for 3704 Sheffield Ave
General Information
Standard status
Active
Size
18,000 SF
Lot size
1.15 Acres
Property subtype
RETAIL
Listing Agency:
Jameson Commercial
(312) 840-9002
Listed By:
Steven Goldstein
Source:
Moodyscre
Added: May 9, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:34AM
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 Jameson Commercial
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 3704 Sheffield Ave 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.
