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Property profile & analytics
OFF-MARKET
Office Spaces

1572 85Th Ave Merrillville, IN 46410

Property ID
Property summary
AI-generated overview

This exceptional 7,280 square foot medical office building presents a fantastic leasing opportunity in Merrillville, Indiana. A substantial 2,550 square feet of space is currently available for lease within this multi-tenant building, ideally suited for medical practices seeking a prominent location. The building enjoys a highly visible position on a hard corner, ensuring excellent exposure to potential patients and clients. Its strategic location is approximately half a mile from the crucial I-65 and US 30 interchange, providing easy access for both staff and patients. The property benefits from its placement within a densely populated healthcare area, in close proximity to several major medical facilities. These include Methodist Hospital, Pinnacle Hospital Crown Point, Vibra Hospital of Northwestern Indiana, and the VA Clinic, creating a synergistic environment for medical professionals. The building's classification as a medical office ensures it meets the specific needs and regulations of healthcare businesses. This is a prime opportunity to establish or expand a medical practice in a thriving and convenient location within Lake County. The available space offers significant potential for a variety of medical specialties.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Prestige Arts Company Training Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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