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7925 Nevada Ave
8,000 SF of Office/Retail Space Available in Hammond, IN 46323
Highlights
- ±8,000 SF Freestanding Building on 0.83 AC
- Former Bar | Club | Front & Rear Parking
- Minutes to I-94 Interchange
- Incentives | Lease "as-is"
- Offices | Locker room | Breakroom
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste Full Space | 8,000 SF | Negotiable | £6.47 /SF/PA £0.54 /SF/MO £69.66 /m²/PA £5.80 /m²/MO £51,771 /PA £4,314 /MO | Modified Gross |
1st Floor, Ste Full Space
Free Standing Building. Suitable for many uses.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 20 - 64 People
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 agent 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.
PROPERTY FACTS FOR 7925 Nevada Ave , Hammond, IN 46323
| Property Type | Retail | Gross Internal Area | 8,000 SF |
| Property Subtype | Freestanding | Year Built | 1978 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 8,000 SF |
| Year Built | 1978 |
About the Property
SVN Chicago Commercial is pleased to present 7925 Nevada Avenue, an approximately ±8,000 SF Free-standing Building in Hammond, Indiana. Formerly known as Doll's Bar, in the Kennedy Business Park. This is a perfect owner/user redevelopment opportunity. Multiple offices, restrooms, storage, bar, lounge areas, breakroom, front and rear parking. Minutes to I-80. Lake County Economic Incentives (Revolving Loan Fund) and Hammond Incentives (Business Facade Rebate).
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Karen Kulczycki -
SVN | Chicago Commercial
Presented by
7925 Nevada Ave
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