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SW Railroad Ground Lease

1743 SW Railroad Ave, Hammond, LA 70403

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Overview

1743 Southwest Railroad Avenue in Hammond, Louisiana, presents a rare ground lease opportunity on ±0.87 acres within one of the city’s most established and heavily trafficked commercial corridors. The site is located directly next to Starbucks and Lit Pizza and sits directly across the street from Hammond Square Mall, home to major national tenants including Target, Home Depot, Academy Sports + Outdoors, AMC Theatres, and numerous retailers and restaurants. This level of surrounding retail density is unmatched in the market and provides immediate brand recognition and built-in traffic.

Positioned along Southwest Railroad Avenue (US-51 Business), the property benefits from excellent visibility and strong daily traffic counts, serving both local and regional consumers. It is considered one of the last remaining developable parcels in this corridor and is one of the final available sites in close proximity to Interstate 12, offering quick access for commuters and travelers moving along the I-12 corridor. All major utilities have been stubbed to the site, including electrical, sewer, and water, allowing for an efficient development timeline. Parking will be shared with the neighboring property, further enhancing site functionality and circulation.

Hammond serves as the commercial and economic hub of Tangipahoa Parish and continues to experience steady growth driven by expanding residential development and increasing retail demand. The presence of Southeastern Louisiana University provides a consistent customer base of students, faculty, and staff that support retail, dining, and service-oriented uses year-round. As part of the ground lease offering, the lessor is prepared to provide up to $40,000 in site development tenant improvement contributions, creating additional flexibility for a qualified user. With limited land availability, exceptional co-tenancy, interstate access, and strong market fundamentals, 1743 Southwest Railroad Avenue stands out as a premier and increasingly scarce ground lease opportunity in Hammond.

  • ±0.87-acre ground lease opportunity in Hammond’s premier retail corridor
  • Located directly adjacent to Starbucks and Lit Pizza
  • Directly across from Hammond Square Mall with national tenants including Target, Home Depot, Academy Sports + Outdoors, AMC Theatres, and more
  • One of the last remaining developable parcels in this high-traffic trade area
  • Excellent visibility along Southwest Railroad Avenue (US-51 Business)
  • Strong daily traffic counts serving local and regional consumers
  • Immediate proximity to Interstate 12 with convenient regional access
  • Hammond is the commercial hub of Tangipahoa Parish with continued residential and retail growth
  • Strong demand drivers supported by Southeastern Louisiana University population
  • All utilities stubbed to site: electrical, sewer, and water
  • Shared parking arrangement with neighboring property
  • Lessor to provide up to $40,000 in site development tenant improvement allowance

Lease Spaces

NameRateSFAcresVacantAvailable Date
South West Railroad Ground Lease$8,500 /Month37,897 SF0.87 acYes01/01/2026

For Lease

Retail
Land

Secondary Uses: Office, Retail, Retail Pad, Bank, Free Standing, Restaurant, Retail-Pad

Lease Rate
$8,500 Month
Available SF
37,897 SF
Acres
0.8278 ac
Build To Suit
Yes
Is Vacant
Yes
Zoning
C-H
Zoning Description
Commercial Highway Corridor
Lease Type
Net
Tax Year (Actual)
2025
Nearest MSA
Hammond
Tax ID Number
2092603
Vehicles Per Day
24,992 VPD
Has Drive Thru
Yes
Topography
Level
Nearest Interstate
I-12 - 0.25 mi
Nearest Highway
Hwy 51
Power Provider
Private - Entergy
Water Provider
City - Hammond
Sewer Provider
City - Hammond
County
Tangipahoa Parish
Available
01/01/2026
Listed
01/20/2026
Updated
01/20/2026
Listing ID
5c1648f9
Parcel APN
2092603