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New Industrial Warehouse Units Available
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2320 Michigan St, Hammond, IN 46320

New construction industrial warehouse units with office space for rent.

Space Size16,827 SF - 22,194 SF
Property Size68,400 SF
Days on Market1596

Property Features for 2320 Michigan St

General Information

Standard status Active
Size 16,827 SF - 22,194 SF
Class A
Total Parking Spaces 134
Property subtype Industrial

Building Details

Building Size 68,400 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 2320 Michigan St Contact us

Unit 1

Size
16,827 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

Unit 3

Size
22,080 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

Unit 4

Size
22,194 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial In-Sites LLC
Listed By: Jeff Brennan · License #RB20001982
Source: Crexi
Added: Apr 18, 2022 Changed: Aug 27 Last Checked: Aug 28 at 8:59PM

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 Commercial In-Sites LLC

Investment Insights

Based on property information with market context.

These new construction industrial warehouse units feature an engineered design steel building insulated with poured interior concrete security walls. The rental units include a basic two-room office setup, separate men’s and women’s bathrooms, and a utility closet. The office walls are finished with drywall and painted a natural color to match the LVL tile floor, with a subtended ceiling and LED lighting. The office and restrooms have separate HVAC systems from the warehouse. The warehouse area is heated with infrared natural gas heaters and includes large industrial fans for air movement. The building has a 24' clear height and is fully sprinkled with an ESFR sprinkler system. Natural gas is metered by individual units. Each rental unit has one drive-in truck door measuring 14’ wide by 16’ high, and a loading dock door measuring 9’ wide by 8’ high, with a 45,000 lb. Blue Giant power pit style hydraulic dock leveler, and trailer seal and shelter units. All units have separately metered 480 volt, 3-phase, 600 amp, 4-wire main electrical, and high bay UFO style LED lights at 277 volts. A transformer steps down the power to 120/208 volt 3-phase for 20-amp 120 volts wall receptacles spaced throughout the unit and office area. The property is zoned I-2 Industrial and is located on Michigan Street / US Hwy 20 heavy truck route, two miles from IN-312 (Cline Ave), I-80/90/94. CAM and Triple NET costs apply for landscaping, mowing, snow removal, exterior lighting, fire hydrant/sprinkler system maintenance, fire extinguisher testing, property taxes, and building insurance. Trash and recycling are the individual tenant's responsibility. Nearby utilities include a NISPCO 30” natural gas pipeline, 138 kV and 345 kV electric transmission line, NISPCO 138 kV Roxanne Substation, 8” to 12” Loop City of Hammond Water System, ATT Fiber Optics, and Level 3 Communications Main Trunk Fiber Optic Lines.

Key Highlights

  • New construction with insulated steel building and poured concrete security walls.
  • High power capacity: Separately metered 480 volt, 3‑phase, 600 amp electrical service per unit.
  • Excellent logistics: Each unit features a drive‑in truck door (14’x16’) and a loading dock with a 45,000 lb. hydraulic dock leveler.

Property Analytics

Current Use

Crown North America Industrial Manufacturer Brenco LLC Business Service Center

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Hammond, IN

$10.55 /SF/Yr
Avg Asking Price
$5.75–$24 /SF/Yr
Price Range
96,148 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - New construction industrial warehouse units with office space for rent.
Where is this warehouse located?
The property is located at 2320 Michigan St Hammond, IN.
What are key features of this property?
This property features: New construction with insulated steel building and poured concrete security walls.; High power capacity: Separately metered 480 volt, 3‑phase, 600 amp electrical service per unit.; Excellent logistics: Each unit features a drive‑in truck door (14’x16’) and a loading dock with a 45,000 lb. hydraulic dock leveler.
More about this property
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