Northern Tool + Equipment
$3,289,000
8205 Broadway, Merrillville, IN 46410
For Sale
Retail
Free Standing
Active
Last Updated: 03/05/2026
246,707
NOI
20,389 sqft
Building Size
Details:
NOI: $246,707
Building Size: 20,389 sqft
Lot Area: 1.73 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 2007
Tenancy: Single
Highlights:
- BELOW REPLACEMENT COST OPPORTUNITY | $161 PSF PRICING
- DOMINANT REGIONAL RETAIL NODE | TOP 10% NATIONALLY
- HIGHLY OCCUPIED SUBMARKET | LOW VACANCY RATES
- NORTHWEST INDIANA GROWTH | STRONG ECONOMIC OUTLOOK
- EXCELLENT POSITIONING ON LINCOLN HIGHWAY | HIGH TRAFFIC COUNTS
Description:
Mid-America Real Estate, in cooperation with Mid-America Real Estate - Indiana, LLC, has been retained on behalf of the owner to sell the 100% fee simple interest in the 20,389 square foot, freestanding Northern Tool + Equipment location located at the Northeast corner of Century Plaza off W Lincoln Highway (US-30) Merrillville, Indiana. The subject offering features a 4.5-year corporate net lease located in a top tier regional retail node.
Documents:
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Offering Memorandum
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Location
Gallery