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Retail Space with Rooftop Access
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 Market122

Property Features for 5268 Hohman Ave

General Information

Standard status Active
Zoning C-3

Additional Details

Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $3,538
Listing Agency: @properties/Christie's Intl RE
Listed By: So Hui Nye
Source: Exprealty
Added: May 6 Changed: Aug 20 Last Checked: Sep 4 at 8:47AM

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

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.

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

Current Use

O'Connor William J Law Firm ATTORNEY CORBIN FOWLER Law Firm Baker Donald T Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store 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
$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

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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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
More about this property
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