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Portfolio For Sale
Merrillville, IN
Property For Sale
Investment Highlights
- Potential for a new owner to backfill multiple vacancies (+/- 30,307 SF) across three properties and convert short-term gross leases to net-leases
- These properties are situated within the Chicago MSA, just 40 miles from Downtown Chicago, offering access to commuters and growth opportunities
- Surrounded by national tenants such as; Meijer, Aldi, At Home, Dollar Tree, Planet Fitness, Walgreens, Portillo’s, Panera Bread, and more
- The properties are tenanted by a diverse array of businesses that demonstrate strong resilience to e-commerce trends
- Properties are being offered at a price well below replacement costs, $100/SF
- Positioned in a middle-class suburb of Indiana, that offers immediate access to 101,014 residents and an average hh income of $98,200 within 5 miles
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