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Leased Multi-Tenant Office Building
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8605 Broadway, Merrillville, IN 46410

Fully renovated multi-tenant office building is 100% leased with all new leases beginning in 2021.

Property SizeContact for details
Days on Market119

Property Features for 8605 Broadway

General Information

Standard status Active
Property subtype Office
Occupancy 100%

Building Details

Year Renovated 2020
Tenancy Multi
Listing Agency: Latitude Commercial
Listed By: Antony Miocic · License #IN RB16000975
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 8:24AM

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.

Sale of a 100% leased, multi-tenant office building in Merrillville, Indiana. The property was fully renovated in 2020, inside and out, and has brand new leases starting in 2021.

The building is leased to Meyers Glaros on a 10-year term, American Structurepoint on a 5-year term, and Supreme Lending on a 5-year term. An anchor tenant is set to sign a new 10-year lease at closing.

The asset is offered for sale as a leased investment with current tenants in place under new lease terms.

Key Highlights

  • 100% leased multi‑tenant office building in Merrillville, IN
  • Fully renovated in 2020, inside and out
  • All brand new leases beginning in 2021

Property Analytics

Current Use

American Structurepoint Engineering Consultant HUB International Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Veterinary Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Catering 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

617
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 - Fully renovated multi-tenant office building is 100% leased with all new leases beginning in 2021.
Where is this office building located?
The property is located at 8605 Broadway Merrillville, IN.
What are key features of this property?
This property features: 100% leased multi‑tenant office building in Merrillville, IN; Fully renovated in 2020, inside and out; All brand new leases beginning in 2021
(219) 864-0200 Call to check price and availability
More about this property
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