6100-6136 Broadway - Supermarket FOR SALE


Merrillville, IN 46410 | 
$4,750,000 USD
631-478-3382
6100-6136 Broadway, Merrillville, IN for Sale
$4,750,000 USD
Supermarket - FOR SALE
1/29
null | 8.43% Cap Rate

6100-6136 Broadway
Merrillville, IN 46410


HIGHLIGHTS

  • Positioned on Broadway (State Road 53), a major north-south commercial corridor in Merrillville, IN
  • The property is part of a well-established retail corridor in Northwest Indiana, within a dense retail and service market
  • Excellent visibility and triple-corner exposure, leveraging Broadway's role as a heavily traveled retail spine
  • The property is well-suited for value-add repositioning: given its location and scale, there is massive upside potential
  • Given Broadway's continued retail momentum & Merrillville's role as a regional shopping node, the property is primed for long-term asset appreciation

OVERVIEW

Silber Investment Properties is pleased to Exclusively present Crossroads Plaza, a multi-tenant retail shopping center located at 6110 Broadway in Merrillville, Indiana. The property is strategically positioned on Broadway (State Road 53), a major north-south commercial corridor providing strong regional connectivity including quick access to U.S. 30 and I-65. The property features excellent visibility and triple-corner exposure along a heavily traveled retail spine. The 184,721 square foot retail center offers significant value-add repositioning opportunities. Given its prominent location and scale, there is substantial upside potential to re-tenant to higher-end retailers, QSRs, or mixed-use service providers. The property represents a strong redevelopment thesis with potential for re-tenanting with national credit users or redeveloping as part of a retail-service hub given the site's visibility and lot size. With Broadway's continued retail momentum and Merrillville's role as a regional shopping node, the property is a candidate for long-term asset appreciation. The current tenant mix includes Ruler Foods & Merrillville Flea Market as anchor tenants along with a diverse collection of local and regional retailers.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

8.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

1964

LAND DETAILS

LAND ACRES

20.61 AC

LAND SF

897,772 SF

ZONING

CMU

APN/PARCEL ID

45-12-09-226-003.000-030

ASK ABOUT THIS PROPERTY

Dylan SilberSilber Investment Properties, LTDMore Info
631-478-3382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dylan SilberSilber Investment Properties, LTDMore Info
631-478-3382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.