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Flex Space with Loading Doors
For Lease
$10 SF/Yr

7940 New Jersey Ave, Hammond, IN 46323

Industrial flex space combines warehouse, office, showroom, and convenient highway access.

Space Size19,800 SF
Days on Market42

Property Features for 7940 New Jersey Ave

General Information

Standard status Active
Size 19,800 SF
Net Rentable 19,800 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Available Space 19,800 SF
Contiguous Space 19,800 SF
Floor 2
Space Use Industrial

Warehouse & Industrial

Clear Height 16 ft
Office Build-Out 1,000 SF
Dock-High Doors 1
Drive-In Doors 2

Additional Details

Highway Access Yes

Building Details

Building Size 19,800 SF
Year Built 1978

Spaces For Lease

at 7940 New Jersey Ave Contact us

7940 New Jersey Ave $10/SF/Yr

Size
19,800 SF
Term
Negotiable
Contact us
Listing Agency: Latitude Commercial
Listed By: Myles Rapchak · License #IN #RB14052315
Source: Latitudeco
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 2:06PM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This 19,800-square-foot flex property at 7940 New Jersey Ave in Hammond offers a combination of industrial, office, and showroom space. The layout includes approximately 1,000 square feet of second-floor office area and a 2,000-square-foot showroom, with the balance configured for warehouse use. The building was constructed in 1978 and has 16-foot ceilings throughout.

Material handling is supported by two drive-in doors and one dock-height door. The 80/94 and Cline Avenue interchange is less than 1 mile away, providing access to major transportation routes. The warehouse is described as clean and well kept.

Key Highlights

  • 19,800 SF of industrial flex space
  • Approximately 1,000 SF of 2nd Floor office space
  • 2,000 SF showroom

Property Analytics

Current Use

Big End Performance Auto Repair Shop Meyer Distributing Distribution Center

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Hair Salon

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

16 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46323, IN

22,510
Population
8,955
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
85%
High-School Grad
6.2 sq mi
ZIP Area
3,631
Density / Sq Mi
$56,906
Median Household Income
$35,292
Median Earnings
$1,189
Median Rent
$149,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex space combines warehouse, office, showroom, and convenient highway access.
Where is this flex space located?
The property is located at 7940 New Jersey Ave Hammond, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 19,800 SF of industrial flex space; Approximately 1,000 SF of 2nd Floor office space; 2,000 SF showroom
More about this property
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