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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
| Parcel Number | 45-12-22-151-002.000-030 | Improvements Assessment | $690,300 |
| Land Assessment | $309,700 | Total Assessment | $1,000,000 |
Property Taxes
Parcel Number
45-12-22-151-002.000-030
Land Assessment
$309,700
Improvements Assessment
$690,300
Total Assessment
$1,000,000
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