Commercial 2 unit strip mall in a GREAT location. This property is visible from the 80/94 expressway for easy access to travelers. This is actually 2 separate parcels. The one to the North has the strip mall, and the one to the South is a vacant lot. The building currently houses the #1 Domino’s Pizza Franchise in the area, and with a NNN lease that extends to 2024 with the option of a 5 year extension available twice more. The 2nd unit has a new tenant with a 3 year NNN lease starting on 01/01/24 with two 3 years options available.With the addition of the vacant lot to the South you have a variety of possibilities. You can add on to the existing building, build a 2nd building, or have a billboard installed for additional income.The parcel # for the vacant lot7504 Kennedy Ave45-07-16-179-016.000-023
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA542175
Price : $675,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 2004
Lot Area : 14,767 Sqft
Status : Active
Acres : 0.339
Property Subtype 1 : Retail
Status : Active
Features
Heating System : Forced Air, Natural Gas
Parking : Common, Paved, Lighted
Interior Features : Elevator
Address Map
Country : US
State : IN
County : Lake
City : Hammond
Street : Kennedy
Street Number : 7444
Street Suffix : Avenue
Postal Code : 46323
Floor Number : 0
Longitude : W88° 32' 16.6''
Latitude : N41° 34' 39.4''
Directions : Kennedy Ave North off of 80/94 property is immediately on the West Side.