The Colony Professional Building

521 E 86th Ave, Merrillville, Indiana 46410

  • Property Subtypes Office Building
  • Gross Building Area 7,212 SF
  • Building Status Existing
  • Available Space 3,870 Sf
  • Min/Max Available Space 1200 min - 2670 max Sf
  • Class of Space N/A
  • Total Land Size 2.88 Acres
  • Cap Rate Undisclosed
  • Last Updated 3/31/2020
  • Status active

Overview / Comments

Single story all brick building offering built out medical and professional office units. Ideal for physicians, attorneys, therapists and a variety of additional professional office uses. Modified gross lease rate includes taxes, insurance and Monday through Friday janitorial. Tenants are responsible for their own separately metered utilities. Offices also offer private entrances and private bathrooms. The property offers 138 parking spaces (4.2/1000 SF) with easy access to Broadway and 86th Avenue. Join Integrated Therapy, MRI Institute, Internal Medicine Consultants and the Infusion Center. 1 block east of Broadway (S.R. 53) on the south side of East 86th Avenue between Connecticut and Virginia. 1/2 mile southwest of the I-65/U.S. Highway 30 interchange and just north of the Methodist Hospital Southlake Campus. Immediately west of the Fortune 500 NiSource Corporate Headquarters. All within the Environ medical/professional area with close proximity to restaurants, banks, lodging and shopping. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County.

Additional Details

  • Tax ID/APN 45-12-27-103-003.000-030
  • Property Visibility N/A

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