Hammond, Indiana, is a prime location for industrial spaces, offering a unique blend of history, infrastructure, and amenities that make it an attractive destination for businesses and investors. With its proximity to Lake Michigan and the Chicago metropolitan area, Hammond provides access to a vast market and a skilled workforce. The city's industrialization began in 1869 with the establishment of a meat-packing plant, and over the years, it has diversified into sectors such as light manufacturing, transportation, retail, healthcare, and hospitality. Hammond is home to major corporations like Unilever, Atlas Tube, and Cargill, and its transportation infrastructure, including the South Shore Line commuter rail and the Indiana Toll Road, makes it an ideal location for industrial spaces. The city's amenities, such as the parkland around Wolf Lake and the Horseshoe Hammond riverboat casino, also make it an attractive destination for businesses and tourists alike.
Hammond's industrial space for lease market offers a range of options, with 17 listings available. The average annual rent per square foot is $13 USD, with sizes ranging from 2,730 square feet to 580,587 square feet. In addition to industrial spaces, Hammond also offers flex spaces, commercial real estate, land, and restaurants for lease. The city's flex spaces are ideal for businesses that require a combination of office and warehouse space, while its commercial real estate options provide a range of choices for retailers and office users. The availability of land for lease also makes Hammond an attractive destination for developers and investors. With its unique blend of history, infrastructure, and amenities, Hammond is an ideal location for businesses and investors looking to establish a presence in the region.
What is the average size of industrial space for lease in the Hammond market?
The average size of industrial space for lease in the Hammond market is approximately 51,880 square feet, with a total of 17 available listings, ranging from smaller spaces to larger facilities of up to 580,587 square feet.
What do I need to look for when leasing an industrial space in Hammond?
When leasing an industrial space in Hammond, there are several key factors to consider to ensure you find the right property for your business needs.
- Location: Look for proximity to major transportation hubs, such as the South Shore Line station and the Hammond-Whiting Amtrak station, as well as easy access to highways like I-90 and I-80/94, to facilitate the movement of goods and employees.
- Space specifications: With an average size of 51,880 square feet and a maximum space size of 580,587 square feet, consider the layout and features you need, such as loading docks, cranes, and office space, to accommodate your operations.
- Cost and amenities: Weigh the average annual rent of $13 USD against the benefits of amenities like proximity to Wolf Lake, the Horseshoe Hammond riverboat casino, and a range of local businesses and services, as well as the availability of utilities like electricity, natural gas, and water.
With 17 available listings of industrial space in Hammond, you're sure to find a property that meets your needs.
