Back

1 of 15

2 of 15

3 of 15

4 of 15

5 of 15

6 of 15

7 of 15

8 of 15

9 of 15

10 of 15

11 of 15

12 of 15

13 of 15

14 of 15

15 of 15

303-399 E 81st Ave
Merrillville, IN 46410

$6,270,000 USD

Storefront For Sale • 18,215 SF

Property Details

Property Type Storefront
Total Building Size 18,215 SF
Lot Size 1.64 AC
Building Class B
Year Built 2003
Cap Rate 6.76 %
Tenancy Multiple
Zoning R33

50 Walk Score

                
                    Highlights
                
                                Premium Class "A" Asset: 100% leased, 18,215 SF retail center with e-commerce-resistant tenants.
                            
                                Top 7% Panera Anchor: Features a high-volume drive-thru; ranks in the top 7% of Panera locations nationwide.
                            
                                Built-In NOI Growth: Contractual rental escalations provide a reliable inflation hedge.
                            
                                Elite Core Location: High-visibility intersection (East Lincoln Hwy & Broadway) seeing 87,000+ VPD.
                            
                                Proven Tenant Stability: Exceptional historical commitment with an average tenant tenure of 14+ years.
                            
                                Affluent Chicago Suburb: Surrounded by powerhouse retailers (Costco, Target, Walmart) serving 100,000+ residents within 5 miles.

Property Flyers

OM-Century Plaza-v1

Cap Rate:

6.76 %

Public Transportation

Airport	Drive	Walk	Distance
Chicago Midway International	62 min	-	41.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	200
Type:	Surface
Included in Rent:	Yes

William Kim, CCIM 972-482-0111 Marcus & Millichap

303-399 E 81st Ave Merrillville, IN 46410