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8000 Broadway
Merrillville, IN 46410

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
31,410 SF
Building Class
C
Year Built/Renovated
1969/1982
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.34
Lot Size
2.14 AC
Zoning
C-3, Highway Commercial
Parking
65 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
230 FT on Broadway St

About 8000 Broadway , Merrillville, IN 46410

American Freight is a 10-year, triple-net (NNN) investment opportunity with seven plus years remaining on the lease. There are two, five-year option periods with 1 percent annual increases in both base term and option periods. American Freight Furniture and Mattress has over 140 stores throughout the United States. Famous manufacturers turn to American freight Furniture and Mattress stores for quick liquidation and disbursement. Their low operating cost saves consumers from paying expensive retail showroom markups for their furniture allowing customers to purchase high quality furniture at closeout prices. American Freight is located in the most populous town of Indiana, Merrillville. Merrillville is approximately 30 miles from the Greater Chicago Area and part of the Chicago MSA. American Freight is located on a major retail corridor. It is strategically positioned and surrounded by national retailers including Meijers, Aldi, Old Time Pottery, Walmart Supercenter, Sams Club, Target, Macys, Kohls, Home Depot, Dicks Sporting Goods, Staples, Lowes, Costco, Old Navy, Best Buy, Hobby Lobby, T.J. Maxx, Wendys, Olive Garden, Panera Bread and many more. Merrillville is also home to the corporate headquarters of Nisource, One of the largest utility companies and a Fortune 500 company. American Freight is within close proximity to Interstate 65 and US Route 30 (Lincoln Highway/81st Avenue.)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-12-21-279-006.000-030
  • 45-12-21-279-003.000-030
  • 45-12-21-279-005.000-030
  • 45-12-21-279-007.000-030
Land Assessment
$577,500
Improvements Assessment
$1,028,200
Total Assessment
$1,605,700
  • Listing ID: 8774477

  • Date on Market: 8/21/2017

  • Last Updated:

  • Address: 8000 Broadway, Merrillville, IN 46410

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