2881 E 81st Ave | Merrillville, IN 46410
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2881 E 81st Ave
Merrillville, IN 46410
O'Reilly Auto Parts - Store & Distribution · Retail Property For Sale
Investment Highlights
- Positioned within the Chicago MSA – Ranked #3 in the United States for population size
- Newly renovated
- New 15-year lease commencing in October 2024
- Investment grade tenant – S&P: BBB
- Large format store to include a retail storefront and distribution hub
- Outparcel to The Home Depot & Target
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
42,097 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
3.96 AC
Zoning
C-3 - Highway Commercial
Parking
144 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
229 FT on E 81st St / Lincoln Hwy
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 45-12-23-426-002.000-046 | Improvements Assessment | $1,547,500 |
| Land Assessment | $1,900,800 | Total Assessment | $3,448,300 |
PROPERTY TAXES
Parcel Number
45-12-23-426-002.000-046
Land Assessment
$1,900,800
Improvements Assessment
$1,547,500
Total Assessment
$3,448,300
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