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Anchored Shopping Center
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101 W Lincoln Hwy, Merrillville, IN 46410

Established retail center with four named anchor occupants and additional shop space available.

Property Size171,310 SF
Days on Market132

Property Features for 101 W Lincoln Hwy

General Information

Standard status Active
Size 171,310 SF
Property subtype Retail
Occupancy 99%

Additional Details

Anchor Co-Tenants At Home, Dollar Tree, Rainbow, Furniture Center

Building Details

Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 30 at 6:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Broadway Center is a ±171,310-square-foot shopping center with At Home, Dollar Tree, Rainbow, and Furniture Center serving as its principal anchors. These occupants account for 85% of the center’s GLA, and Furniture Center has expanded its footprint. The property is 99.10% occupied and also includes a Speedy Check Cashers outlot building with a month-to-month tenancy.

The center is positioned along the Route 30 retail corridor in Merrillville, Indiana, 14 miles south of Gary/Chicago International Airport and 41 miles south of downtown Chicago. The surrounding retail submarket includes Southlake Mall, a 1.3 million-square-foot regional mall, along with national retailers including Costco, Lowe’s, Meijer, Target, Walmart, and Home Depot.

Available shop space totals 1,600 square feet, providing additional leasing inventory within the center.

Key Highlights

  • ±171,310‑square‑foot shopping center in Merrillville, Indiana
  • At Home, Dollar Tree, Rainbow, and Furniture Center anchor the center
  • Named anchors represent 85% of the shopping center’s GLA

Property Analytics

Current Use

Super k center Discount Store Kmart Home Decor Store Bradford Bernard Pharmacy Thomas Marshall Pharmacy At Home Home Decor Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

99.1%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,742
Businesses Nearby
325k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 40% Dining 26% Shops & Services 22% Home Improvements & Furnishings 7%
Meijer Groceries
100,857 visits/mo 0.3 miles
Aldi Groceries
29,441 visits/mo 0.3 miles
Dollar Tree Shops & Services
24,524 visits/mo 0.1 miles
Starbucks Dining
23,381 visits/mo 0.3 miles
Meijer Gas Station Shops & Services
16,725 visits/mo 0.2 miles

Demographics for 46410, IN

39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Lewis Kappes 8585 IN-53, Merrillville, IN 46410
  • Quick-Tag meijer 611, 611 US-30, Merrillville, IN 46410
  • Century Plaza 8203 Broadway, Merrillville, IN 46410
  • Broadway Center 257 W Lincoln Hwy, Merrillville, IN 46410
  • Lincoln Junction Plaza E 81st Ave, Merrillville, IN 46410

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with four named anchor occupants and additional shop space available.
Where is this shopping center located?
The property is located at 101 W Lincoln Hwy Merrillville, IN.
What are key features of this property?
This property features: ±171,310‑square‑foot shopping center in Merrillville, Indiana; At Home, Dollar Tree, Rainbow, and Furniture Center anchor the center; Named anchors represent 85% of the shopping center’s GLA
More about this property
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