90-100 West 86th Avenue, Merrillville, IN for sale

Investment Overview

This is a two-unit 11,366 SF contemporary building. Suite 90 interior features include 10 private offices, 9 exam rooms, conference room, a large kitchen, waiting area with seating for 27 patients an 11-seat admin area and 4 bathrooms. Suite 90 is the existing tenant/owner with 7,278 SF and who will sign a new 10-year lease at $19.50/SF to be signed at closing! Suite 100 was a former surgical procedure area no longer needed and available for lease or can be available to purchase and collect rent. Suite 100 includes 4,088 SF former surgical center including a reception, staff lounge/conference room, locker room, physician offices, 22'7" x 20'5" procedure room, supply room, 2 work areas, oxygen area, patient recovery/prep area, patient toilets/dressing room, nurse consulting area, manager office, workstation, several janitor closets, staff bathrooms and discharge area to drive through pick up. Suitable for a surgical center, medical phlebotomist center, many medical uses or conversion to professional office space for lease. PROFORMA NOI: $186,062.80 PROFORMA CAP: 8.4%