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8000 Broadway
31,287 SF of Retail Space Available in Merrillville, IN 46410
Highlights
- Highly Visible Site
- Many Big Box Stores Nearby
- Pylon Signage Available
- -/+31,000sf Free-Standing Building
- 3 Loading Docks
- Heavy Traffic Counts
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 31,287 SF | 12’6” - 30’ | Negotiable | $13.47 CAD/SF/YR $1.12 CAD/SF/MO $144.95 CAD/m²/YR $12.08 CAD/m²/MO $35,109 CAD/MO $421,310 CAD/YR | Triple Net (NNN) |
1st Floor
-/+31,000sf highly-visible free-standing building on a 2.14-acre site on Broadway/S.R. 53 viewable from U.S. Highway 30. Steel framed/concrete masonry building with 31,287 sf. Previously home to Ethan Allen Furniture, it features an expansive 18,000+ sq. ft. retail showroom with soaring 12'6" ceilings. The adjacent 13,287sf warehouse includes 3 loading docks, a 3,000 sq. ft. office, and ceiling heights ranging from 20ft in the shipping area to 30ft in the warehouse. With a powerful 600-amp, 240-volt, 3-phase electric setup. Many big box national tenants in the area such as Costco Wholesale, Lowe’s Home Improvement, Walmart Supercenter, Bestbuy, and many more. This site is perfect for various retail or flexible business uses.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 3 Loading Docks
- Finished Ceilings: 12’6” - 30’
- Highly Visible Site
- -/+31,000sf Free-Standing Building
- Many Big Box Stores Nearby
- 3 Loading Docks
- Pylon Signage Available
- Heavy Traffic Counts
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 8000 Broadway , Merrillville, IN 46410
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Freestanding | Parking Ratio | 2.08/1,000 SF |
| Gross Leasable Area | 31,287 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 31,287 SF |
| Year Built | 1985 |
| Parking Ratio | 2.08/1,000 SF |
About the Property
-/+31,000sf highly-visible free-standing building on a 2.14-acre site on Broadway/S.R. 53 viewable from U.S. Highway 30. Steel framed/concrete masonry building with 31,287 sf. Previously home to Ethan Allen Furniture, it features an expansive 18,000+ sq. ft. retail showroom with soaring 12'6" ceilings. The adjacent 13,287sf warehouse includes 3 loading docks, a 3,000 sq. ft. office, and ceiling heights ranging from 20ft in the shipping area to 30ft in the warehouse. With a powerful 600-amp, 240-volt, 3-phase electric setup. Many big box national tenants in the area such as Costco Wholesale, Lowe’s Home Improvement, Walmart Supercenter, Bestbuy, and many more. This site is perfect for various retail or flexible business uses.
Nearby Major Retailers
-
Neil Haleem -
Adam Haleem -
Network Commercial Real Estate, llc.
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8000 Broadway
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