Retail Space with Rooftop
For Lease
$7,330/Mo
5268 Hohman Ave, Hammond, IN 46320
Vanilla-box retail space delivered for buildout, with tenant access to a rooftop area in a C-3 zoning district.
Space SizeContact for details
Days on Market159
Property Features for 5268 Hohman Ave
General Information
Standard status
Active
Zoning
C-3
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1939
Listing Agency:
@properties/Christie's Intl RE
Listed By:
So Hui Nye
(219) 802-0999
Source:
Realtopiare
Added: May 15
Changed: Oct 12
Last Checked: Oct 7 at 3:21PM
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 @properties/Christie's Intl RE
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Investment Insights
Based on property information with market context.
Rare opportunity to lease approximately 2,700 SF of retail space in the heart of downtown Hammond, delivered as a vanilla box and suited for a flexible buildout. The space is positioned within a C-3 zoning district and is described as benefiting from both Opportunity Zone and Enterprise Zone designations, with potential economic incentives for qualifying tenants, including tax advantages and support for buildout and investment.
The offering is also presented as a rooftop concept opportunity, with tenant access to and use of the rooftop area included as part of the lease structure. Public remarks note the availability of riverfront liquor licenses and describe the surrounding downtown corridor as undergoing revitalization with increased foot traffic and new development, including direct access to the new $10M Downtown Hammond train station.
The property is located at 5268 Hohman Ave, Hammond, IN 46320. Public remarks further reference a $20M street scape and infrastructure initiative and a $10M Purdue quantum center.
The offering is also presented as a rooftop concept opportunity, with tenant access to and use of the rooftop area included as part of the lease structure. Public remarks note the availability of riverfront liquor licenses and describe the surrounding downtown corridor as undergoing revitalization with increased foot traffic and new development, including direct access to the new $10M Downtown Hammond train station.
The property is located at 5268 Hohman Ave, Hammond, IN 46320. Public remarks further reference a $20M street scape and infrastructure initiative and a $10M Purdue quantum center.
Key Highlights
- Lease 2,700 SF of downtown Hammond retail space delivered as a vanilla box for tenant buildout
- Asking rent $32 PSF includes tenant access to and use of the rooftop area
- Space located in a C‑3 zoning district, suitable for retail, restaurant, or service‑oriented users
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Dining 31%
Shops & Services 24%
Electronics 1%
Strack & Van Til
Groceries
34,947 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
9,820 visits/mo
0.4 miles
Wendy's
Dining
9,407 visits/mo
0.3 miles
Wingstop
Dining
6,903 visits/mo
0.3 miles
Mobil
Shops & Services
5,802 visits/mo
0.3 miles
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
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Market
Lease Benchmarks for Hammond, IN
$16.25 /SF/Yr
Avg Asking Price
$1.57–$31.99 /SF/Yr
Price Range
12,994 SF
Avg Space Size
This space is priced 97% above the average of $16.25 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Vanilla-box retail space delivered for buildout, with tenant access to a rooftop area in a C-3 zoning district.
Where is this storefront property located?
The property is located at 5268 Hohman Ave Hammond, IN.
What is the lease rate?
The lease rate is $7,330/Mo.
What are key features of this property?
This property features: Lease 2,700 SF of downtown Hammond retail space delivered as a vanilla box for tenant buildout; Asking rent $32 PSF includes tenant access to and use of the rooftop area; Space located in a C‑3 zoning district, suitable for retail, restaurant, or service‑oriented users
