Turnkey Medical Office
For Sale
Contact for pricing
5529 Hohman Ave, Hammond, IN 46320
Single-tenant, NNN modern medical office leased to Franciscan Health with a lease term ending September 2027.
Property Size3,892 SF
Price / SF$102.52
Days on Market716
Property Features for 5529 Hohman Ave
General Information
Standard status
Active
Size
3,892 SF
Property subtype
OFFICE
Listing Agency:
Latitude Commercial
(317) 658-5005
Listed By:
Antony Miocic · License ##RB16000975
(317) 658-5005
Source:
Moodyscre
Added: Aug 23, 2024
Changed: Jul 27
Last Checked: Aug 7 at 6:42AM
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 Latitude Commercial
Investment Insights
Based on property information with market context.
This NNN single-tenant investment features turnkey, modern medical office space currently occupied by Franciscan Health. The tenant has been in place for 12 years, with the current lease expiring in September 2027. Current NOI is approximately $70,000 annually.
The property is located in Downtown Hammond on Hohman Avenue.
At sale, the offering is structured as a single-tenant medical office investment with an in-place operating lease through September 2027.
The property is located in Downtown Hammond on Hohman Avenue.
At sale, the offering is structured as a single-tenant medical office investment with an in-place operating lease through September 2027.
Key Highlights
- NNN single‑tenant modern medical office investment leased to Franciscan Health
- Tenant has been in place 12 years; lease expires September 2027
- Located in downtown Hammond on Hohman Avenue
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,100
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant, NNN modern medical office leased to Franciscan Health with a lease term ending September 2027.
Where is this medical office space located?
The property is located at 5529 Hohman Ave Hammond, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: NNN single‑tenant modern medical office investment leased to Franciscan Health; Tenant has been in place 12 years; lease expires September 2027; Located in downtown Hammond on Hohman Avenue
