This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.com.

8900-8902 Broadway
Merrillville, IN 46410
Office Property For Sale

Investment Highlights

  • Two-Tenant Medical Building Across the Street From 334-Bed Methodist Hospital Southlake in Merrillville, IN
  • Both Tenants Operate on Strong NNN Leases and Reimburse for All Operating Expenses, Including a Management Fee
  • Weighted Average Lease Term of 4.85 Years
  • Just 10 Miles East of the Indiana State Line in the Chicago MSA
  • Northwest Regional Surgery Center Just Extended for Five Years With 2.5% Annual Increases
  • Midwest Operating Engineers Health Center Is Paying $9.25/SF, Well Below the Submarket’s Average Rents

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
16,447 SF
Building Class
B
Year Built/Renovated
1995/2013
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,447 SF
Building FAR
0.26
Lot Size
1.46 AC
Zoning
C5 PUD, Merrillville
Parking
66 Spaces (4.01 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
45-12-28-278-003.000-030
Land Assessment
$294,600
Improvements Assessment
$1,233,400
Total Assessment
$1,528,000
  • Listing ID: 29279959

  • Date on Market: 8/15/2023

  • Last Updated:

  • Address: 8900-8902 Broadway, Merrillville, IN 46410

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}