ID 6ff8513f
For Lease
$6/SF/Year
Highly visible 16,500 SF industrial campus opportunity located just off Interstate 55, offering excellent exposure and immediate interstate access.
The property features two recently updated industrial/warehouse buildings totaling 9,000± SF and 7,500± SF, situated on 1.66± acres with a 0.36± acre stabilized laydown yard. Both buildings offer flexible, subdividable floor plans, 3-phase power, grade-level and dock-high loading, modernized office areas, new garage doors, and fresh interior and exterior paint. Move-in ready and ideal for warehouse, distribution, light manufacturing, contractor operations, and other industrial users in Hammond's established industrial corridor.
Sale/Leaseback Opportunity: The ownership is willing to consider a sale/leaseback arrangement with a qualified buyer or investor, providing an opportunity to acquire the property while generating immediate rental income. The current ownership would be willing to lease back the property for a term of up to two years, subject to mutually agreed-upon lease terms. The purchase price would be adjusted based on the negotiated lease rate and corresponding income stream, creating an attractive option for an investor seeking near-term cash flow and an established industrial asset.
Billboard Income Opportunity: The property also presents a potential income-producing billboard opportunity, giving a buyer the option to enhance the property’s visibility while creating an additional revenue stream. The billboard opportunity would be separately negotiated and subject to applicable approvals and agreements.
