6933 Indianapolis Blvd Hammond, IN 46324-2205

This exceptional investment opportunity presents a fee-simple interest in a 10,080-square-foot Family Dollar storefront located at 6933 Indianapolis Blvd, Hammond, IN 46324. Built in 2011, this single-story building sits on a 0.758-acre lot and boasts a strong 8.75% cap rate, generating a net operating income (NOI) of $131,850. The property benefits from a corporate-guaranteed net lease with a highly creditworthy tenant, ensuring consistent cash flow. The current lease, with a remaining term of 3.2 years, includes five 5-year renewal options at a 10% rent increase per option, providing long-term stability and appreciation potential. The property enjoys excellent visibility and access at a signalized intersection within a dense retail corridor, further enhanced by its proximity to Purdue University Northwest Campus and a strong demographic profile. This 100% occupied asset offers a compelling combination of secure income, significant lease term, and substantial growth opportunities. The asking price is $1,506,857, translating to $149.49 per square foot. This is a rare chance to acquire a well-positioned, high-performing retail investment in a thriving Indiana market.