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HIGHLIGHTS
- Freestanding building with strong Indianapolis Blvd frontage
- On-site parking with easy ingress and egress
- Located in Hammond’s thriving corridor near Chicago metro
- Recently updated roof and asphalt for long-term reliability
- Flexible layout suited for medical, retail, or service uses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,880 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Positioned along the high-traffic Indianapolis Boulevard corridor, this prime Hammond location offers exceptional visibility and accessibility for businesses seeking a standalone presence. The 2,880 SF freestanding building sits on a 0.17-acre lot with on-site parking and a recently updated roof and asphalt, ensuring durability and curb appeal. Previously utilized as an animal clinic, the property’s functional layout is ideal for veterinary practices, medical offices, grooming services, retail concepts, or specialty businesses looking for a strategic location. Hammond, part of the Chicago metropolitan area, provides a strong economic base and convenient connectivity via major expressways, including the Borman Expressway and Indiana Toll Road. The site benefits from proximity to dense residential neighborhoods and commercial activity, creating a steady flow of potential customers. Local landmarks such as Wolf Lake Park and Horseshoe Hammond Casino add to the area’s vibrancy, while Purdue University’s nearby campus enhances professional and educational synergy. This property offers a rare opportunity to secure a visible, adaptable space in a dynamic market with excellent demographics—average household incomes exceeding $80,000 within a 3-mile radius and a population of over 226,000 within 5 miles.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 7402 INDIANAPOLIS BLVD, HAMMOND, IN 46324
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- NOOR PROPERTIES LLC
- -
- 1
- -
- Woodmar Animal Clinic
- Professional, Scientific, and Technical Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| NOOR PROPERTIES LLC | - | 1 | - |
| Woodmar Animal Clinic | Professional, Scientific, and Technical Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,880 SF | Gross Leasable Area | 2,880 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Veterinarian/Kennel | Parking Ratio | 5.56/1,000 SF |
| Total Space Available | 2,880 SF |
| Property Type | Retail |
| Property Subtype | Veterinarian/Kennel |
| Gross Leasable Area | 2,880 SF |
| Year Built | 1963 |
| Parking Ratio | 5.56/1,000 SF |
ABOUT THE PROPERTY
Positioned along the high-traffic Indianapolis Boulevard corridor, this prime Hammond location offers exceptional visibility and accessibility for businesses seeking a standalone presence. The 2,880 SF freestanding building sits on a 0.17-acre lot with on-site parking and a recently updated roof and asphalt, ensuring durability and curb appeal. Previously utilized as an animal clinic, the property’s functional layout is ideal for veterinary practices, medical offices, grooming services, retail concepts, or specialty businesses looking for a strategic location. Hammond, part of the Chicago metropolitan area, provides a strong economic base and convenient connectivity via major expressways, including the Borman Expressway and Indiana Toll Road. The site benefits from proximity to dense residential neighborhoods and commercial activity, creating a steady flow of potential customers. Local landmarks such as Wolf Lake Park and Horseshoe Hammond Casino add to the area’s vibrancy, while Purdue University’s nearby campus enhances professional and educational synergy. This property offers a rare opportunity to secure a visible, adaptable space in a dynamic market with excellent demographics—average household incomes exceeding $80,000 within a 3-mile radius and a population of over 226,000 within 5 miles.
NEARBY MAJOR RETAILERS
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7402 Indianapolis Blvd
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