8700 Broadway - Office FOR SALE


Merrillville, IN 46410
$2,000,000 USD
219-545-2859
8700 Broadway, Merrillville, IN for Sale
$2,000,000 USD
Office - FOR SALE
1/9
null | 8.55% Cap Rate

8700 Broadway
Merrillville, IN 46410


HIGHLIGHTS

  • Strong Stable Long-Term Tenant
  • Zoned C-5 Office and Research for versatile use
  • Prime location in Merrillville
  • 100% occupancy for immediate income
  • High visibility on major thoroughfare

OVERVIEW

This property presents an exceptional investment opportunity, with a stable, long-term tenant in Hodges & Davis Law Firm, a prestigious firm with roots dating back to 1906. Located in the heart of Merrillville's bustling medical and office market, the property is a well-maintained, single-tenant office building that’s fully occupied, providing immediate income. The six-year lease offers stability, and the C-5 zoning allows for versatile use in a high-demand area. Positioned minutes from the I-65/US 30 interchange and near Northwest Indiana's largest retail trade zone, the location ensures high visibility and accessibility, making it an ideal asset for any investor seeking reliability, income, and prime positioning in a growing commercial hub.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

8.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Office Investment Property

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-5

APN/PARCEL ID

45-12-28-277-002.000-030

ASK ABOUT THIS PROPERTY

Aaron McDermottLatitude CommercialMore Info
219-545-2859

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Aaron McDermottLatitude CommercialMore Info
219-545-2859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.