Office Space / Indiana / Merrillville / 46410 / 7863 Broadway

7863 Broadway

Q: What is the asking price for 7863 Broadway in Merrillville?

The asking price for 7863 Broadway is $3,825,000

Q: What is the building size of this Office property in Merrillville, IN?

The size of the building/unit at 7863 Broadway in Merrillville is 33,207 square feet.

Q: How much land does the Merrillville, IN property at 7863 Broadway include?

7863 Broadway in Merrillville includes 2.066 acres of land.

Q: What kind of Office is the propery at 7863 Broadway?

The property at 7863 Broadway Merrillville, IN 46410 is listed as a Professional Office property.

Q: What is the population within 1 mile of 7863 Broadway?

The population within 1 mile of 7863 Broadway Merrillville, IN 46410 is 3,716 people.

Q: Who do I contact for questions about 7863 Broadway?

You should contact the listing agent, Steve Nicksic , for any details regarding this commercial listing.

Merrillville, IN 46410

Listing ID: 258624

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Building Size: 33,207 SF

Lot Size: 2.066 AC

Land Size: 89,994 SF

Building $/SF: $115.19

Land $/SF: $42.50

Price

$3,825,000

Property Highlights

Signalized corner location in the heart of Merrillville near I-65US 30 interchange

Significant capital repairs since 2006

Significant redevelopment project planned for the northwest quadrant of I-65 and US 30

Excellent historical occupancy ranging from 90 to 100 over the last several years

Description

Located in the heart of Merrillville IN, Broadway Office Center is positioned at the signalized southeast corner of Broadway and 78th Avenue. The offering consists of a two-story office building containing 33,207 rentable square feet. The office building is currently 92% occupied and has historically been in the 90% to 100% occupancy range. The building was constructed in 1972 with a renovation in 2006.
Merrillville is home to the corporate headquarters of Fortune 500 energy company Nisource, hospitality management firm White Lodging and Centier Bank, Indiana's privately owned independent bank.
Diversified mix of 30 tenants with users including doctors, psychologists, lawyers, physical therapists, financial services, and home health care providers

Attachments & Files

broadwayofficecenterom-1-92O-o1V.pdf

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 7863 Broadway Merrillville, IN 46410

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		3,716	38,120	100,078
Population Median Age		43	39	39
Population by Age	0-9 Yrs	364 (9%)	4864 (12%)	11500 (11%)
	10-19 Yrs	398 (10%)	4662 (12%)	13785 (13%)
	20-29 Yrs	478 (12%)	4999 (13%)	12070 (12%)
	30-39 Yrs	405 (10%)	5276 (13%)	12923 (12%)
	40-49 Yrs	490 (13%)	5237 (13%)	13768 (13%)
	50-59 Yrs	473 (12%)	4803 (12%)	13329 (13%)
	60-69 Yrs	447 (12%)	4044 (10%)	11600 (11%)
	70+ Yrs	662 (17%)	4236 (11%)	11103 (11%)

Median HH Income		$54,500	$60,648	$61,281
Total Household Income	< 24K	457 (25%)	2702 (17%)	7194 (18%)
	25-49K	341 (19%)	3542 (22%)	8761 (22%)
	50-74K	419 (23%)	3496 (22%)	7857 (20%)
	75-99K	218 (12%)	2645 (16%)	5790 (14%)
	100-199K	296 (16%)	2896 (18%)	8480 (21%)
	200K+	28 (1%)	360 (2%)	1122 (2%)

Highest Education Level	No Diploma	238	2566	6269
	Diploma or GED	1011	8929	23054
	Some College	594	6151	15924
	Assoc. Degree	179	2192	6437
	Bachelors Degree	477	4056	11064
	Higher Degree	253	2363	5997

Total Housing Units		1,919	16,786	43,539
--Owner-Occupied		963	9,945	27,721
--Renter-Occupied		795	5,697	11,482
Owner-Occupied Values	< 100K	208	1807	5903
	100-199K	664	6589	14104
	200-299K	72	1206	5368
	300-399K	7	186	1571
	400-499K	7	24	223
	500K+	5	133	553

Total Working Age Population		3,109	30,501	80,345
In Work Force		1,851	19,827	51,267
Not In Work Force		1,257	10,674	29,077
Workforce Employed		1,738	18,374	47,600
Workforce Unemployed		113	1,445	3,656
Civlian Workforce		1,851	19,819	51,256
Military Workforce		0	7	11

Total Households		1,758	15,642	39,204
Family Households		817	9,227	25,120
Non-Family Households		941	6,415	14,083
Married Couple		546	6,356	17,622
Other Family		271	2,871	7,498
Married w/Child		184	2,600	6,862
Single Male w/Child		48	439	931
Single Female w/Child		71	1,103	2,985

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Lake County	484,564	+2	496,005	-3	479,815	+1	482,321

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 7863 Broadway in Merrillville?

The asking price for 7863 Broadway is $3,825,000

What is the building size of this Office property in Merrillville, IN?

The size of the building/unit at 7863 Broadway in Merrillville is 33,207 square feet

How much land does the Merrillville, IN property at 7863 Broadway include?

7863 Broadway in Merrillville includes 2.066 acres of land

What kind of Office is the propery at 7863 Broadway?

The property at 7863 Broadway Merrillville, IN 46410 is listed as a Professional Office property

What is the population within 1 mile of 7863 Broadway in Merrillville?

The population within 1 mile of 7863 Broadway Merrillville, IN 46410 is 3,716 people.

Who do I contact for questions about 7863 Broadway?

You should contact the listing agent, Steve Nicksic , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
101 West 84th Drive, Merrillville, IN	$2,750,000	39672	2.45
2600 81st Avenue, Merrillville, IN	$599,000	8400	1.28
5265 Commerce Boulevard, Crown Point, IN	$1,105,650	12800	1.85
125 N Main St, Crown Point, IN	CALL	1754	-
123 North Main Street, Crown Point, IN	$365,000	2164	-
123 North Main Street, 209, Crown Point, IN	$365,000	2164	-
11420 Broadway, Crown Point, IN	$360,000	10600	-
20 East U.S. Highway 30, Schererville, IN	$1,100,000	12002	1.59
9635 Saric Court, Highland, IN	$399,000	7600	0.23
5997 Carlson Avenue, Portage, IN	$695,000	6200	2

Closest Commercial Airports

Airport	Distance (mi)
Chicago Midway International Airport (MDW)	30
Chicago O'Hare International Airport (ORD)	45
South Bend Regional Airport (SBN)	55