Medical Office Suite with Exam
8695 Connecticut St, Merrillville, IN 46410
For Lease
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Available suite features multiple exam rooms, an office, and an open area in a brick professional center.
Space Size2,592 SF
Days on Market2126
Property Features for 8695 Connecticut St
General Information
Standard status
Size
Property subtype
Lease Type
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Business Included
Office Units
Amenities
landscaping
paving
fountain at entrance
Building Details
Construction
Tenancy
Spaces For Lease
at 8695 Connecticut St
MEDICAL OFFICE SPACE FOR LEASE
$16/SF/Yr
Size
2,592 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Sublease
No
These are 2 of the 5 buildings in the Environ Professional Center P.U.D. complex which adjoins Southlake Methodist Hospital. Both buildings offer a beautiful brick exterior with interior renovations including Pergo "wood" flooring. This is an ideal location for all professional, medical and dental related tenants. Recent improvements to the Environ Professional complex include replacement of metal roofs, landscaping, paving and a fountain at entrance.
The 8695 building is 9,181 SF with one available suite. Suite A is leased to APEX. Suite B is 2,592 SF with 5 exam rooms, 1 office, staff lounge, nurses’ station and large open area. Suite C is leased to Legacii Homecare Service and Suite D/E is Bionic Prosthetics & Orthotics Group willing to sign a 5-year lease or vacate at the sale of the building. A $10.00/SF tenant improvement allowance is being offered for remodeling.
The 8679 building is a three unit 8,039 SF building with two available Suites. Suite A/B is leased to Retina Assoc. Suite C is a 1,502 SF available space with 4 exam rooms, 1 office, reception/waiting area, filing room and a set of bathrooms. Suite D is 1,128 SF with 1 office, open area, storage closet and bathrooms. Gross rent includes Real Estate taxes, insurance and CAM expense. Tenants pay separately metered utilities and janitorial cleaning.
1/2 mile southwest of I-65/U.S. Highway 30 interchange; 1 block east of Broadway (S.R. 53) with access via 86th Avenue to Connecticut Street or via Southlake Methodist. Hospital Drive off Broadway. Near Gamba's, Gino's Steakhouse, Portillos, banking, shopping, restaurants and more!
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Listing Agency:
Commercial In-Sites, LLC
Listed By:
David A Lasser
(219) 795-1100
Source:
Moodyscre
Added: Jan 15, 2021
Changed: Oct 26
Last Checked: Nov 10 at 5:27AM
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 Commercial In-Sites, LLC
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Investment Insights
Based on property information with market context.
Two of the five buildings in the Environ Professional Center P.U.D. complex are offered, including the 8695 building. The available option in that building includes interior renovations and Pergo “wood” flooring, with a configuration that can support clinical or related professional use.
The complex adjoins Southlake Methodist Hospital and includes recent exterior and site improvements such as replacement of metal roofs, updated landscaping and paving, and an entrance fountain. Access is available via area roads connecting to Broadway (S.R. 53) and Hospital Drive.
The 8695 building includes multiple suites, with the currently described available suite comprising exam rooms, a staff lounge, a nurses’ station, and a large open area, along with an office. A tenant improvement allowance of $10.00/SF is being offered for remodeling. Gross rent includes real estate taxes, insurance, and CAM, while tenants pay separately metered utilities and janitorial cleaning.
The complex adjoins Southlake Methodist Hospital and includes recent exterior and site improvements such as replacement of metal roofs, updated landscaping and paving, and an entrance fountain. Access is available via area roads connecting to Broadway (S.R. 53) and Hospital Drive.
The 8695 building includes multiple suites, with the currently described available suite comprising exam rooms, a staff lounge, a nurses’ station, and a large open area, along with an office. A tenant improvement allowance of $10.00/SF is being offered for remodeling. Gross rent includes real estate taxes, insurance, and CAM, while tenants pay separately metered utilities and janitorial cleaning.
Key Highlights
- Two available buildings in the Environ Professional Center P.U.D. complex adjoining Southlake Methodist Hospital
- 8695 building offers 9,181 SF with one available suite (Suite B: 2,592 SF with 5 exam rooms, office, staff lounge, nurses’ station, and large open area)
- 8679 building is an 8,039 SF three‑unit property with two available suites: Suite C (1,502 SF with 4 exam rooms, office, reception/waiting, filing, and bathrooms) and Suite D (1,128 SF with office, open area, storage closet, and bathrooms)
Property Analytics
Who owns this building?
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Current Use
Lease Details
7
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Merrillville, IN
$16.87 /SF/Yr
Avg Asking Price
$16–$18.99 /SF/Yr
Price Range
3,064 SF
Avg Space Size
This space is priced 5% below the average of $16.87 /SF/Yr.
Average Price Trend$/SF/Yr for Medical Office Space in Lake County, IN
Properties on Market for Medical Office Space in Lake County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Available suite features multiple exam rooms, an office, and an open area in a brick professional center.
Where is this medical office space located?
The property is located at 8695 Connecticut St Merrillville, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Two available buildings in the Environ Professional Center P.U.D. complex adjoining Southlake Methodist Hospital; 8695 building offers 9,181 SF with one available suite (Suite B: 2,592 SF with 5 exam rooms, office, staff lounge, nurses’ station, and large open area); 8679 building is an 8,039 SF three‑unit property with two available suites: Suite C (1,502 SF with 4 exam rooms, office, reception/waiting, filing, and bathrooms) and Suite D (1,128 SF with office, open area, storage closet, and bathrooms)
