Sohl Plaza- Family Dollar Anchored Center

Hammond is a city in Lake County, Indiana, United States. It is part of the Chicago metropolitan area. First settled in the mid-19th century, it is one of the oldest cities of northern Lake County. As of the 2010 United States census, it is also the largest in population: the 2010 population was 80,830, replacing Gary as the most populous city in Lake County. From north to south, Hammond runs from Lake Michigan down to the Little Calumet River; from east to west along its southern border, it runs from the Illinois state line to Cline Avenue. The city is traversed by numerous railroads and expressways, including the South Shore Line, Borman Expressway, and Indiana Toll Road.Sohl Plaza presents an outstanding investment opportunity in Hammond, IN. This fully leased retail plaza spans 43,520 SF and features a diversified tenant mix of Family Dollar, Zara Wholesale, and First Choice Market, ensuring a steady and reliable income stream. The subject property offers a value-add opportunity with under-market rents. Long term operating history from the Grocer With a net operating income (NOI) of $245,185, the property is an excellent choice for investors seeking stable cash flow. Furthermore, there is significant value-add potential, as current rents have room for upward adjustment to align with market rates. Strategically located on Sohl Avenue, the plaza benefits from high visibility and traffic in a vibrant commercial area, attracting consistent customer foot traffic for its tenants.6000-14,800 SF of Office/Retail now available for at 5550 Sohl Ave in Hammond, IN in Sohl Plaza. The center is anchored by 1st Choice Fresh Market and Family driving in your daily needs traffic. The Plaza is located right down the street from the brand new Hammond High School as well as the Hammond Civic Center. There is more than ample parking and aggressively priced. Great opportunity for any office/retailer to get their footprint in Hammond!