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Landmark Office Building, Renovated
For Lease
$20 SF/Yr

8585 Broadway, Merrillville, IN 46410

Prominent, renovated office building near I-65 and Methodist Hospital.

Space Size62,000 SF
Property Size165,000 SF
Days on Market143

Property Features for 8585 Broadway

General Information

Standard status Active
Size 62,000 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 165,000 SF
Year Built 1977

Spaces For Lease

at 8585 Broadway Contact us

8585 Broadway $20/SF/Yr

Size
62,000 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Latitude Commercial
Listed By: Antony Miocic · License #IN #RB16000975
Source: Latitudeco
Added: Apr 8 Changed: Aug 23 Last Checked: Aug 26 at 6:09AM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

This prominent landmark building, visible from I-65, underwent complete renovations between 2016 and 2019. The highly recognizable, 8-story office tower can be seen for miles in all directions. Many suite sizes are available to accommodate various tenant sizes. A full-service gross rental rate includes real estate tax, operating expenses, tenant electric, HVAC, and janitorial services. Space planning is available. Recent building renovations include lobbies and a tenant lounge. All building mechanical systems have been updated. The property features ample parking. A new roof, cooling tower, fire suppression system, elevators, paving, and parking lots have been installed. The exterior is landscaped, and a new shared conference center is available. Rooftop antennae leasing is possible. The building is adjacent to the Methodist Hospital Southlake Campus in Merrillville and offers the largest contiguous block of existing available office space in Northwest Indiana.

Key Highlights

  • Prominent, highly recognizable landmark building visible from I‑65.
  • Full service gross rental rate includes Real Estate Tax, Operating Expenses, tenant electric, HVAC, and janitorial.
  • Recently renovated (2016‑2019) including roof, cooling tower, fire suppression, elevators, lobby, paving, parking lots, landscaping, and shared conference center.

Property Analytics

Current Use

Beth McCarthy - A&M ... Loan Service Mike Monaco A&M ... Loan Service Jesse Plasencia - A&M ... Loan Service Mike Monaco - A&M ... Loan Service Tony Predey - A&M ... Loan Service

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service Pet Grooming Service

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,743
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Prominent, renovated office building near I-65 and Methodist Hospital.
Where is this office building located?
The property is located at 8585 Broadway Merrillville, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prominent, highly recognizable landmark building visible from I‑65.; Full service gross rental rate includes Real Estate Tax, Operating Expenses, tenant electric, HVAC, and janitorial.; Recently renovated (2016‑2019) including roof, cooling tower, fire suppression, elevators, lobby, paving, parking lots, landscaping, and shared conference center.
More about this property
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