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Drive-Through Retail Building
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7343 Indianapolis Blvd, Hammond, IN 46324

Freestanding retail building with drive-through availability, 175' frontage, and 23 parking spaces on Indianapolis Blvd.

Space Size2,690 SF
Days on Market139

Property Features for 7343 Indianapolis Blvd

General Information

Standard status Active
Size 2,690 SF
Class C
Total Parking Spaces 23
Property subtype Street Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 2,690 SF
Year Built 1968

Spaces For Lease

at 7343 Indianapolis Blvd Contact us

Free Standing Retail

Size
2,690 SF
Lease Type
NNN
Contact us
Listing Agency: Diversified Commercial Real Estate and Investments
Listed By: dennis larson · License #RB14027471
Source: Thebrokerlist
Added: Apr 21 Changed: Aug 25 Last Checked: Sep 5 at 3:41AM

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 Diversified Commercial Real Estate and Investments

Investment Insights

Based on property information with market context.

This freestanding retail building offers drive-through availability and is designed for restaurant-oriented operations. The property includes 175' of frontage on Indianapolis Blvd, excellent signage, and 23 parking spaces. The space totals 2,690 square feet and was previously operated as an Arby's Restaurant.

The building is located approximately 0.25 miles north of Interstate 80/94 and about 0.25 miles from Purdue University Northwest in Hammond. Indianapolis Blvd is home to multiple national and regional retailers and quick-service concepts, including Dunkin Donuts, Pizza Hut, Papa Johns, Wingstop, Sherwin Williams, and Family Dollar.

This offering provides a visible, parking-supported retail storefront with drive-through access along a commercial corridor serving both interstate travelers and nearby campus activity.

Key Highlights

  • Freestanding retail building (former Arby’s) with 2,690 SF of available space
  • Drive‑thru available
  • 175' frontage on Indianapolis Blvd with excellent signage

Property Analytics

Current Use

Pico De Gallo Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Law Firm Pharmacy Spa & Massage Center

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 72% Dining 26% Home Improvements & Furnishings 1%
Cabela's Apparel
67,596 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,809 visits/mo 0.1 miles
Wingstop Dining
5,441 visits/mo 0.2 miles
Schoop's Hamburgers Dining
3,655 visits/mo 0.1 miles
Papa John's Pizza Dining
3,444 visits/mo 0.2 miles

Demographics for 46324, IN

22,611
Population
9,427
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
86%
High-School Grad
4.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$61,118
Median Household Income
$38,457
Median Earnings
$1,157
Median Rent
$141,600
Median Home Value

Market

Lease Benchmarks for Hammond, IN

$18.7 /SF/Yr
Avg Asking Price
$1.57–$42 /SF/Yr
Price Range
9,336 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail building with drive-through availability, 175' frontage, and 23 parking spaces on Indianapolis Blvd.
Where is this retail space located?
The property is located at 7343 Indianapolis Blvd Hammond, IN.
What are key features of this property?
This property features: Freestanding retail building (former Arby’s) with 2,690 SF of available space; Drive‑thru available; 175' frontage on Indianapolis Blvd with excellent signage
More about this property
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