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Property Overview

Price/Rent PSF $ 3,850,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available Inquire
Date Available 11/08/2021
Additional URL Link
Building size 15082
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Description

Location
73rd & Broadway. 45 mile south of Chicago

Sale
Great 1031 Exchange or Investment Opportunity. The property features a 15,082 SF building leased to Biomat USA, a subsidiary of Grifols, a worldwide company in healthcare. The lease with 7 + years remaining on the initial 10 year term is a modified NNN lease with 2-5 yr. options with minimal landlord responsibilities. The building has been completely remodeled and Grifols has invested several million dollars in their buildout of the facility. Grifols is a leading producer of plasma-derived medicines used to treat rare, chronic and, at times, life-threatening conditions. The property is located in business friendly Merrillville, the commerce center of NW Indiana, just 45 minutes south of Chicago.

Location (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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