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

8209 Grand Blvd
Merrillville, IN 46410
Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.62 AC
Rentable Building Area 6,680 SF
No. Stories 1
Year Built 2005
Tenancy Single
Parking Ratio 4.51/1,000 SF
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 6

About 8209 GRAND BLVD , MERRILLVILLE, IN 46410

This is a newly constructed built to suit building Vacuum Truck Rentals currently in a 10 year lease with 8 years remaining. 1,800 SF office with 10,200 SF warehouse sitting on 4.09 acres fully fenced. Building is steel framed and steel sided with 20 foot eaves. Features include 7 (12'x14') overhead doors. Exterior features are extensive parking area with fencing and 2 gates. Well and sewer. Located in Hobart with a Merrillville mailing address. 2018 pay 2019 taxes $10,060.54 This is a nearly NNN lease where by owner pays casualty insurance, landlord accounting, legal and property management (if desired) This is a 10 year lease with 2 5-year options to renew with approximately 2% escalation with the tenant paying base rent, all taxes, grounds services and maintenance of property plus parking area land lease rent. 1/1/19 commenced year 3 of the lease term. Situated just south of the stop light at U.S. Highway 30 and Grand Boulevard. 1/2 mile east of Albanese Candy, 1 mile west of Deep River Water Park. 2 1/2 miles east of the US 30/I-65 interchange. Good highway access via US Highway 30 to I-65, I-80/94 and I-90. Close proximity to 6 million square feet of retail that includes Walmart, Sam's Club, Big Lots, Target, Home Depot, Southlake Mall, Costco and so much more! Surrounding businesses include: Speedway, Birdy's Off 30 Truck Services, Atlas Bobcat, Downing Plumbing and Northern Indiana Federal Credit Union.

Property Taxes

Property Taxes

Parcel Number
45-13-20-301-015.000-046
Land Assessment
$169,900
Improvements Assessment
$222,500
Total Assessment
$392,400
  • Listing ID: 15386997

  • Date on Market: 3/8/2019

  • Last Updated:

  • Address: 8209 Grand Blvd, Merrillville, IN 46410

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