3434 169th Street

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3434 169th Street

Hammond, IN 46323
Asking Price
$3.80M
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail shopping center available for purchase in Hammond, Indiana.
  • Property is situated at the address 3434 169th Street.
  • The asking price for this commercial asset is $3,800,000.
  • Strategic location within the growing Northwest Indiana regional market.
  • Retail layout suitable for various business and service tenant types.

What's Special

Hammond functions as a key industrial and commercial hub within the Northwest Indiana region, benefiting from its immediate proximity to the Chicago metropolitan area. This retail shopping center at 3434 169th Street sits within a well-established submarket that provides consistent access to regional transit corridors and local consumer bases. The strategic placement of this site makes it a practical acquisition for investors looking to expand their commercial footprint in a stable suburban corridor. As a versatile retail asset, the property is positioned to serve a variety of business uses ranging from neighborhood service providers to traditional retail tenants. The layout supports multi-tenant configurations, allowing for potential diversification of income streams. Investors will find the location well-integrated into the local infrastructure, offering the necessary visibility for businesses operating in a competitive retail landscape. This shopping center represents a functional addition to a commercial portfolio in an area characterized by steady industrial and retail activity.

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92

Location & Travel Times