You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

8695-8679 Connecticut St Merrillville, IN 46410

17,220 SF 2.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two medical office buildings totaling 17,220 square feet, situated within the Environ Professional Center complex. The complex is conveniently located adjacent to Southlake Methodist Hospital, offering unparalleled access to a large patient base. Both buildings boast attractive brick exteriors and recently renovated interiors featuring Pergo flooring. Recent upgrades to the complex include new metal roofs, enhanced landscaping, improved paving, and a welcoming fountain at the entrance. Building 8695, encompassing 9,181 square feet, features two available suites: Suite A (1,751 square feet) with three offices, a waiting area, open space, and a bathroom; and Suite B (2,592 square feet) offering five exam rooms, an office, staff lounge, nurses' station, and a large open area. A $10 per square foot tenant improvement allowance is available for remodeling. Building 8679, totaling 8,039 square feet, includes one available 1,502-square-foot suite with four exam rooms, an office, reception/waiting area, filing room, and bathrooms; and a second available 1,128-square-foot suite with an office, open area, storage, and bathrooms. Gross rent encompasses real estate taxes, insurance, and CAM expenses; tenants are responsible for separately metered utilities and janitorial services. The property enjoys a prime location, a half-mile southwest of the I-65/US Highway 30 interchange and one block east of Broadway (SR 53), with convenient access via 86th Avenue or Southlake Methodist Hospital Drive. Nearby amenities include numerous restaurants, shopping centers, and banking institutions. This is an ideal investment for medical professionals seeking a high-visibility location with strong tenant demand. The 2.28 acres of land provide ample space and potential for future expansion.

Property profile
Verified
Property type Office Spaces
Total area 17,220 SF
Lot 2.28 ac (99,317 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8695-8679 Connecticut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message