Discount
Five Below
1035 Indianapolis Blvd, Hammond, IN 46320
Listing Price: $3,111,585
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a newly constructed 10,122-square-foot retail property in Hammond, IN, (the Property), in which Five Below has over 10 years remaining on their recently executed double-net lease. Construction of the Property will be completed in 2024. The Property is located on a 1.13-acre padsite to a Walmart Supercenter and Ross-anchored retail center on Indianapolis Boulevard.
The Hammond-Whiting Amtrak station is located roughly one mile southeast and is served by the Wolverine train service that runs between Chicago, IL, and Pontiac, MI. The retail center is uniquely positioned between the Illinois-Indiana border and Lake Michigan, and it also sits just north of Wolf Lake and Lake George. Other nearby attractions include the 240-acre Eggers Grove nature preserve, the Horseshoe Hammond Casino and numerous lakefront beaches. Other tenants in the retail center include Starbucks, Dollar Tree, IHOP, Midwest Express Clinic, Dairy Queen, Taco Bell, BP and numerous others.
Investment Highlights
- Brand New 2024 Construction and Newly Executed Lease — Over 10 Years Remaining
- Excellent Retail Location in Center Anchored by Walmart Supercenter and Ross Dress for Less
- Near Intersection of Indianapolis Boulevard and Fifth Avenue — Over 31,100 Vehicles Per Day
- Only Steps From the Horseshoe Hammond Casino — Busiest Casino in Indiana
- Nearby Retailers Including Starbucks, Taco Bell, IHOP, Capriotti's Sandwich Shop and More
- Within 16 Miles of Downtown Chicago
Exclusively Listed By
Broker of Record
Listing Price: $3,111,585
Investment Highlights
- Brand New 2024 Construction and Newly Executed Lease — Over 10 Years Remaining
- Excellent Retail Location in Center Anchored by Walmart Supercenter and Ross Dress for Less
- Near Intersection of Indianapolis Boulevard and Fifth Avenue — Over 31,100 Vehicles Per Day
- Only Steps From the Horseshoe Hammond Casino — Busiest Casino in Indiana
- Nearby Retailers Including Starbucks, Taco Bell, IHOP, Capriotti's Sandwich Shop and More
- Within 16 Miles of Downtown Chicago
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a newly constructed 10,122-square-foot retail property in Hammond, IN, (the Property), in which Five Below has over 10 years remaining on their recently executed double-net lease. Construction of the Property will be completed in 2024. The Property is located on a 1.13-acre padsite to a Walmart Supercenter and Ross-anchored retail center on Indianapolis Boulevard. The Hammond-Whiting Amtrak station is located roughly one mile southeast and is served by the Wolverine train service that runs between Chicago, IL, and Pontiac, MI. The retail center is uniquely positioned between the Illinois-Indiana border and Lake Michigan, and it also sits just north of Wolf Lake and Lake George. Other nearby attractions include the 240-acre Eggers Grove nature preserve, the Horseshoe Hammond Casino and numerous lakefront beaches. Other tenants in the retail center include Starbucks, Dollar Tree, IHOP, Midwest Express Clinic, Dairy Queen, Taco Bell, BP and numerous others.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager

