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Spacious Retail Space in Hammond
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1517 W Thomas St, Hammond, LA 70403

15,260 SF retail space with high visibility.

Space Size15,260 SF
Days on Market570

Property Features for 1517 W Thomas St

General Information

Standard status Active
Size 15,260 SF
Class C
Property subtype Retail
Lease Type NNN

Building Details

Building Size 15,260 SF
Year Built 1972
Tenancy Single

Spaces For Lease

at 1517 W Thomas St Contact us

Floor 1

Size
15,260 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Stirling
Listed By: Daniel Cook · License #995713150
Source: Crexi
Added: Jan 30, 2025 Changed: Aug 23 Last Checked: Aug 22 at 1:13PM

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 Stirling

Investment Insights

Based on property information with market context.

Located in Hammond, Louisiana, the property at 1517 West Thomas Street offers 15,260 square feet of space suitable for various uses. The building is situated a few miles from Interstate 12 and Interstate 55, providing convenient access to major transportation routes. A large sign along West Thomas Street enhances visibility. The property, formerly occupied by The Estate Center for nearly 15 years, is a recognizable landmark within the community. The current layout is subdivided into three units, featuring multiple entrances and exit points, along with a rear roll-up door. This configuration allows for multiple tenants or uses, potentially maximizing rental income or accommodating diverse business needs. The location in a vibrant part of Hammond, Louisiana, provides proximity to local amenities, businesses, and residential areas, appealing to businesses seeking a strategic location with access to a bustling community and a diverse customer base.

Key Highlights

  • Prime location in a dynamic area of Hammond, Louisiana.
  • Convenient access to Interstate 12 and Interstate 55.
  • Subdivided into three units with multiple entrances/exits and a rear roll‑up door, offering flexible use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Garden Center HVAC Service (Bike/Boat/Book/etc) Store

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
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby

Demographics for 70403, LA

29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
Median Home Value

Market

Lease Benchmarks for Hammond, LA

$13.48 /SF/Yr
Avg Asking Price
$4.2–$22 /SF/Yr
Price Range
5,244 SF
Avg Space Size

This space is priced 35% below the average of $13.48 /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 - 15,260 SF retail space with high visibility.
Where is this retail space located?
The property is located at 1517 W Thomas St Hammond, LA.
What is the lease rate?
The lease rate is $8.75 SF/Yr.
What are key features of this property?
This property features: Prime location in a dynamic area of Hammond, Louisiana.; Convenient access to Interstate 12 and Interstate 55.; Subdivided into three units with multiple entrances/exits and a rear roll‑up door, offering flexible use.
(541) 322-8880 Call to check price and availability
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