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8425 Broadway
Merrillville, IN 46410
Applebee's - RMH Franchise (135 Units) · Retail Property For Sale
Property Facts
About 8425 BROADWAY , MERRILLVILLE, IN 46410
Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased, Applebee's investment property located in Merrillville, Indiana. The lease is guaranteed by RMH Franchise Holdings, Inc., a 135 restaurant operator. There are just over five years remaining on the lease. The lease has zero landlord responsibilities, making it a management-free investment. RMH Franchise Corporation has over 7,000 team members, and serves 545,000 guests weekly in 15 states. RMH is the second-largest Applebee's franchisee worldwide. Merrillville is a town in Ross Township, Lake County, Indiana. Merrillville is in east-central Lake County, in the Chicago metropolitan area. Merrillville enjoys great diversity in housing, residents, and culture. It is rich with business districts that support the 35,000 residents and 12,000 individual households. It is estimated that during any given weekday, the population of Merrillville grows to over 100,000 due to shoppers and workers throughout the town. Merrillville has become the crossroads of the county as it has the popular I-65 that runs through most of the town as well as the U.S. Route 30. BROKER OF RECORD JOSH CARUANA Regional Manager, Indianapolis Lic. # RB14034355
Property Taxes
| Parcel Number | 45-12-22-351-003.000-030 | Improvements Assessment | $638,900 |
| Land Assessment | $1,261,100 | Total Assessment | $1,900,000 |
Property Taxes
