This Office Property is no longer advertised on LoopNet.com.

200 E 80th Pl
Merrillville, IN 46410
Office Property For Sale

Investment Highlights

  • 100% Occupied 12,578SF (10,712 SF GLA) | Three Tenant Medical Office Anchored Building on ~1.14 acres | 2 Story Brick Building with Lobby | Elevator
  • New 3 Year Renewal With 11.5% Rent Increases | No Vacancy in the Last 5 Years
  • Short Term Leases with Long Term Tenants have Renewals set at the Greater of a Fixed Rate or Fair Market Value (FMV) Providing an Inflation Hedge

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
10,712 SF
Building Class
B
Year Built
1995
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,356 SF
Building FAR
0.22
Lot Size
1.14 AC
Zoning
R33
Parking
100 Spaces (9.34 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
45-12-22-151-002.000-030
Land Assessment
$309,700
Improvements Assessment
$690,300
Total Assessment
$1,000,000
  • Listing ID: 25076475

  • Date on Market: 2/17/2022

  • Last Updated:

  • Address: 200 E 80th Pl, Merrillville, IN 46410

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