Hammond, Indiana, is a city that boasts a rich history and a strong economy, making it an ideal location for restaurants. With its proximity to Lake Michigan and its position in the Chicago metropolitan area, Hammond offers a unique blend of industrial and natural attractions that draw visitors and residents alike. As a result, restaurants for lease in Hammond can capitalize on the city's diverse economy, which includes light manufacturing, transportation, retail, healthcare, and hospitality. The city's infrastructure, including the South Shore Line commuter rail and the Borman Expressway, ensures easy access to the city, while its utilities, such as NIPSCO and the Hammond Water Department, provide reliable services to businesses. Additionally, Hammond is home to several major employers, including Unilever, Atlas Tube, and Cargill, which can provide a steady customer base for restaurants.
With 3 restaurants for lease in Hammond, entrepreneurs and investors have a wide range of options to choose from. Hammond's restaurants can benefit from the city's strong educational institutions, including Calumet College of St. Joseph, Kaplan University, and Purdue University Northwest, which attract students and faculty looking for dining options. Meanwhile, retail spaces in Hammond offer a variety of shopping experiences, from historic districts to modern malls. Commercial real estate in Hammond provides a range of options for businesses, from office spaces to industrial facilities. Flex spaces in Hammond, such as the Hammond-Whiting Amtrak station, offer unique opportunities for businesses that require flexible layouts. Overall, Hammond's diverse economy, infrastructure, and attractions make it an attractive location for restaurants and other businesses.
How are restaurant leases typically structured?
In Hammond, Indiana, restaurant leases are typically structured with an average annual rent of $24 USD per square foot, with spaces ranging from 3,490 square feet to 3,490 square feet. These leases often have a term of 5-10 years, with options for renewal, and may include provisions for common area maintenance, property taxes, and insurance.
What kitchen equipment is usually included in restaurant leases?
In Hammond, Indiana, where there are currently 3 available listings of restaurants for lease, the kitchen equipment usually included in these leases may vary depending on the specific property and landlord. However, common items often included are commercial-grade refrigerators, ovens, stoves, dishwashers, and ventilation systems, which can be a significant advantage for restaurateurs looking to set up shop in this city with an average annual rent of $24 USD per square foot and average space size of 3,490 square feet, with maximum space sizes reaching up to 3,490 square feet.
