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    OFF-MARKET
    Retail properties & Spaces

    7950-7990 Broadway, Merrillville, IN 46410

    30,276 SF Built 1977
    Property ID
    Property summary
    AI-generated overview

    80th Place Plaza, located at 7950-7990 Broadway in Merrillville, Indiana, presents a unique opportunity for businesses seeking versatile commercial space. This multi-tenant strip center, built in 1977, offers a total of 30,276 square feet of retail and office space, with 6,425 square feet currently vacant. The property is zoned C-2 Community Commercial, allowing for a variety of uses. Units range from a minimum of 372 square feet to a maximum contiguous space of 1,688 square feet, making it suitable for a range of businesses. The center boasts excellent visibility and accessibility, featuring frontage along both 80th Place and Broadway, with building façade and monument signage opportunities available. A lighted intersection ensures convenient access for customers and employees. Ample drive-up surface parking is provided. The property is situated in Lake County, Indiana, with a zip code of 46410. Estimated 2023 operating expenses are $4.00 per square foot. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area. The property's flexible space options cater to diverse business needs, making it a compelling investment opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1977
    Total area 30,276 SF
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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