8679-8695 Connecticut Street, Merrillville, IN, 46410

8679-8695 Connecticut Street Merrillville, IN 46410

8679-8695 Connecticut Street, Merrillville, IN, 46410
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$2,350,000
Last Verified:
Mar 12, 2025

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Description

These are 2 of the 5 buildings in the Environ Professional Center P.U.D. complex which adjoins Southlake Methodist Hospital. Both buildings offer a beautiful brick exterior with interior renovations including Pergo "wood" flooring. This is an ideal location for all professional, medical and dental related tenants. Recent improvements to the Environ Professional complex include replacement of metal roofs, landscaping, paving and a fountain at entrance.

The 8695 building is 9,181 SF with two available suites. Suite A is 1,751 SF is leased to Apex Physical Therapy. Suite B is 2,592 SF with 5 exam rooms, 1 office, staff lounge, nurses’ station and large open area. Suite B has new flooring. Suite C is leased to Legacii Homecare Service and Suite D/E is Bionic Prosthetics & Orthotics Group willing to sign a 5-year lease or vacate at the sale of the building. 2023 pay 2024 RE Taxes $13,122.32 ($1.42/SF).

The 8679 building is a three unit 8,039 SF building with one available suite. Suite A/B is leased to Retina Assoc. Suite C is currently leased to Bionic Prosthetics & Orthotics Group and is a 1,149 SF with 4 exam rooms, 1 office, reception/waiting area, filing room and a set of bathrooms. Suite D is leased to Furniture Pro. Gross rent includes Real Estate taxes, insurance and CAM expense. Tenants pay separately metered utilities and janitorial cleaning. 2023 pay 2024 RE Taxes $10,715.76 ($1.33/SF).

These are 2 of the 5 buildings in the Environ Professional Center P.U.D. complex which adjoins Southlake Methodist Hospital. Both buildings offer a beautiful brick exterior with interior renovations including Pergo "wood" flooring. This is an ideal location for all professional, medical and dental related tenants. Recent improvements to the Environ Professional complex include replacement of metal roofs, landscaping, paving and a fountain at entrance.

The 8695 building is 9,181 SF with two available suites. Suite A is 1,751 SF is leased to Apex Physical Therapy. Suite B is 2,592 SF with 5 exam rooms, 1 office, staff lounge, nurses’ station and large open area. Suite C is leased to Legacii Homecare Service and Suite D/E is Bionic Prosthetics & Orthotics Group willing to sign a 5-year lease or vacate at the sale of the building. 2023 pay 2024 RE Taxes $13,122.32 ($1.42/SF).

1/2 mile southwest of I-65/U.S. Highway 30 interchange; 1 block east of Broadway (S.R. 53) with access via 86th Avenue to Connecticut Street or via Southlake Methodist. Hospital Drive off Broadway. Near Gamba's, Gino's Steakhouse, Portillos, banking, shopping, restaurants and more!

Building Size: 17220sq ft
Building Class: B
Lot Size: 2.28 acres


Documents

8679 & 8695 Connecticut Sale/Lease Brochure
8679-8695 Connecticut Street - Lease Brochure
8695 Connecticut Street ALTA Survey.pdf
8679 Connecticut Street ALTA Survey .pdf
8679 Connecticut Floor Plan.pdf
8695 Connecticut Floor Plan 2023.pdf

Units for Lease

8695 Connecticut Suite B
Space Available: 2592 SF
Lease Type: Gross

Price Per Sqft/Year: $16.00

Map of 8679-8695 Connecticut Street, Merrillville, IN, 46410

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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