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    8528 Broadway Merrillville, IN 46410
    Property profile & analytics

    8528 Broadway, Merrillville, IN 46410

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    • Office Spaces
    • 8,300 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Linda C. Wagner-Weiner, MD / Pediatrician
    • Dr. Anna M. Simpson-O'reggio, MD / Pediatrician / Medical Clinic
    • Dr. Lucille A. Lester, MD / Pediatrician / Medical Clinic
    • University-Chicago Pediatrics: Rubin Charles M MD / Physician
    • Mcneer Jennifer L MD / Physician

    Property Details for 8528 Broadway

    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This 8,300-square-foot Class B medical office condo in Merrillville, Indiana, is available for sale at $1,400,000. Located on Broadway (Indiana State Road 53), this single-story building offers excellent visibility and approximately 90 parking spaces. The property is situated in a thriving commercial corridor, less than a half-mile south of US 30 and one mile southwest of the I-65 interchange, benefiting from proximity to Methodist Hospital and NIPSCO headquarters. The space is currently configured as flexible second-generation medical office suites, ranging from approximately 3,500 to 4,800 square feet, and is managed by a professional HOA. The asking price per square foot is $168.67, with a NNN lease structure. Estimated NNN expenses are $5.00 per square foot. The building features excellent signage opportunities along Broadway, making it an ideal location for medical practices or other professional businesses seeking high visibility and convenient access to major transportation routes and a robust commercial area. This property presents a unique opportunity to own a well-located medical office building in a high-demand area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3377
    Latitude
    41.4634
    More about this property
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