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SINGLE-TENANT FOOD 4 LESS (KROGER) & OUTLOT

$7,848,000 | 7.25%

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1718-1736 165th Street
Hammond, Indiana 46320

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Features

  • High Credit Grocery Anchor: Food 4 Less (Kroger) with Recent 5-Year Renewal Extending Term Through January 2029
  • High Sales Volume Grocer (Contact Agent for Details | Low Occupancy Cost of 2.1%
  • Multi-Tenant Outlot with Upside | 2,200-Square-Foot Vacant Unit Available for Lease | Increase Outlot Revenue 45% by Leasing One Vacant Unit
  • WALT of 4.61 Years | Long Occupancy History Showing Strong Commitment to the Site
  • Dense, Infill Area in the Chicago MSA | 112,498 People Live Within Three Miles and 236,187 People Live Within Five Miles
  • Shadow-Anchored by Home Depot and NorthShore Health Center | Many Notable Retailers in Close Proximity to the Subject Property
  • Adjacent to the $18 Million Hammond Sportsplex & Community Center Built in 2018 and a New and Expanded $70 Million YMCA with an Anticipated Opening in 2024
  • Diverse Collection of REA Tenants Including Fifth Third Bank, Citi Trends, NorthShore Health Center, Wendy’s, T-Mobile, Sally Beauty Supply, Fashion Depot, and More

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com

* Broker of Record: Josh Caruana

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