HAMMOND LOGISTICS WAREHOUSE 3518 SHEFFIELD AVE., … · 1 cy, llc . u . a v v . n independentl ,...

©2017 Bradley Company, LLC and affiliates. Use of any third party name or mark is for informational purposes only and does not indicate sponsorship or endorsement by such party. Any property information presented above has been obtained from sources believed reliable. Not all information has been independently verified, and Bradley Company, LLC makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, or estimates are for example only and do not necessarily represent the future performance of a property. Before completing a real estate transaction, you and your advisors should conduct an independent investigation of the property to determine its suitability for your needs.

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LOCATION HIGHLIGHTS:

AVAILABLE 2ND QUARTER 2018

HAMMOND LOGISTICS WAREHOUSE3518 SHEFFIELD AVE., HAMMOND, IN

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Matt ReardonBroker [email protected]

Bradley Company 359 W. 84th Dr. Merrillville, IN 46410bradleyco.com

Located a few hundred feet from the Illinois border, 3445 Sheffield Ave. is the ideal location for quick access to I-90, I-94 and downtown Chicago. The property is strategically positioned for companies requiring proximity to downtown Chicago and instant access to the major expressways.

• 1,500 feet to toll road on ramp at Calumet Ave.

• 5 miles to I-94, straight south on Calumet Ave.

• 15 miles to the Loop


FOR MORE INFORMATION:

HAMMOND LOGISTICS WAREHOUSEHAMMOND, INDIANA

BUILDING SPECIFICATIONS

Available Space: 225,000 SFSite Area: 18 acresConstruction: Precast concreteDock Doors: 14 (expandable to 40)Drive-In Doors: 2Clear Height: 32’Office Area: 1,000 SFColumn Spacing: 50 x 50Loading Bay: 50 x 60Electrical: 1200 amp—expandableFire Protection System: ESFRParking: 186 spots, 60 Truck trailer spotsLighting: LEDFloors: 6” 3500 PSI concreteTaxes: TBDAvailability: July 2018FOR LEASE:

• 225,000 SF, demised into 50,000 SF units

• 32’ clear ceiling with LED lighting

• Pre cast construction with membrane roofing surface

• Up to 40 docks

• 186 car parking spaces

• 60 trailer parking spots

• ESFR sprinkling system

• City of Hammond Utilities

• TI and office buildout included in competitive base rent

• Aggressive incentive packages available

• FOR LEASE

PROPERTY HIGHLIGHTS:

Matt ReardonBroker [email protected]



FOR MORE INFORMATION:Matt ReardonBroker [email protected]


INDIANA TRANSPORTATION, DISTRIBUTION & LOGISTICS OVERVIEW

Indiana is a global logistics leader and offers a strong competitive advantage when it comes to reaching North American markets.

Known as the “Crossroads of America,” Indiana is home to the second largest FedEx hub in the world and provides access to 80% of the U.S. and Canadian populations within a one day drive making it second in the nation in the number of people accessible within one day. With 14 Interstates, Indiana ranks second in the nation for highway access.

• Indiana has the fourth lowest cost of living in the country

• Indiana ranks first in the Midwest and sixth in the nation for “Best States for Business” (Chief Executive, May 2015)

• Indiana ranks 10th in the country and best in the Midwest in the State Business Tax Climate (2015 Tax Foundation)

• Indiana ranks 6th in infrastructure and global access and tied with Georgia and Texas for third, in Distribution/Supply Chain Hubs.

• Home to the second largest rail switching yard in the nation (Elkhart Rail Yard)

• Indiana is home to 3 ports and ranks seventh in U.S. waterborne shipping and 15th in total foreign and domestic waterborne shipping




HAMMOND LOGISTICS WAREHOUSEHAMMOND, INDIANA

DOING BUSINESS IN INDIANA

BUSINESS COST COMPARISON

Taxes & Factors IN IL

Corporate Income Tax Rate (a) 6.0% 7.75%

State Apportionment of Corporate Income Single Sales Factor

Single Sales Factor

Individual Income Tax Rate (a) 3.23% 3.75%

Local Average Individual Income Tax Rate (b) 1.56% None

Local Average & Sales Tax Rate 7.00% 8.64%

Unemployment Insurance Tax Rate times State Wage Base $237.50 $447.12

Workers’ Compensation Premium Rate Index (Per $100 of payroll) $1.05 $2.23

Mean Hourly Wage $21.21 $27.07

Cost of Living Index 99.1 112.1

Right To Work YES No

INDIANA RANKINGS

• FIRST Nationally for Cost of Doing Business FIRST Nationally for Infrastructure

• FIRST Nationally for Best Regulatory Environment FIRST in the Midwest for Low Taxes, 8th Nationally SECOND Nationally for Availability of Skilled Labor

• SECOND Forbes Best States for Business & Careers Regulatory Environment

• AAA Bond Rating

MANUFACTURING/LOGISTICS

• Indiana has about 8,500 manufacturing establishments.

• Manufacturing employs one in every five Hoosiers.

• With a GDP of $15.B, Indiana’s motor vehicle manufacturing industry is the 2nd highest in the US.

• Indiana has received straight A’s in manufacturing, tax climate, and global reach since 2008, in the nationwide Manufacturing + Logistics Report.

• Hammond is the 5th largest city in the State of Indiana and is located at the very Northwestern corner of the state. Hammond is part of the greater Chicago metropolitan area

Driving Distances• .5 miles to I-90 interchange 16 miles to

I-65 interchange• 6 mile to Chicago South Business District• 9 miles to I-80/94 I-57 interchanges• 15 miles to Chicago Loop and 20 miles to

Chicago Midway Airport

• Right-to-work state

• Lower Workman’s Compensation and Unemployment Insurance compared to Illinois.

• Property taxes significantly lower than most South Cook County municipalities.

TAX RATES DECREASING

• Corporate Income Tax 6.0% reducing to 4.9% Indiana’s corporate income tax rate is decreasing from 6.0% in 2017 to 4.9% by 2021.

• July 2017 - 6.0%• July 2018 - 5.75%• July 2019 - 5.5%• July 2020 - 5.25%• July 2021 - 4.9%

• Single Sales Factor Apportionment - The Indiana portion of a corporation’s tax liability is based solely on the portion of the company’s sales in Indiana.

• Individual Income Tax 3.3% to 3.23% in 2017 Individual income tax rate decreased from 3.3% to 3.23% in 2017 and beyond.

(a) The corporate income tax rate and individual income tax rate decreases are effective July 1 of each year noted.

(b) The effective local income tax rate is calculated by taking the mean of the income tax rate in the most populous city and the capital city


A seasoned and talented team of real estate professionals serving the Midwest region since 1978. We provide innovative services for all commercial real estate needs. Bradley Company is committed to, and actively invests in, the growth and prosperity of our local communities. Get to know Bradley Company. The Bradley Company team of professionals has provided real estate services to clients in Indiana and Michigan for 35 years. Solid working partnerships, backed by superior performance and innovative solutions, allow our clients to reach their goals.In this business, integrity is everything. We see our integrity as a capital asset; we call it Capital Integrity. It’s what you can expect from every member of the Bradley Company team. Accountability. Dependability. Capital Integrity. It’s what sets us apart.

ABOUT BRADLEY COMPANY

FOR MORE INFORMATION:Matt ReardonBroker [email protected]




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