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8425 Broadway
Merrillville, IN 46410
Applebee's · Retail Property For Sale
Investment Highlights
- Absolute NNN 20-Year Lease | Zero Landlord Responsibilities
- Strategically Located in Main Retail Corridor | Surrounded by Healthy Mix of National Retail Tenants
- Directly Adjacent to a Massive 400,000 SF Future Development and Redevelopment of Century Plaza | Anchored by Old Time Pottery, Panera Bread
- Over 3.5 Years Remaining | Two, Five-Year Options Available
- Operator is the Second Largest Applebee's Franchisee Worldwide | Over 130 Locations in 14 States
- High Visibility Exceeding 24,200 Vehicles Per Day on Broadway
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,103 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.87 AC
Zoning
R33
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
235’ on Broadway
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
Parcel Number
45-12-22-351-003.000-030
Land Assessment
$1,261,100
Improvements Assessment
$638,900
Total Assessment
$1,900,000
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