For Information Contact: David Lasser, SIOR/CCIM
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1 EXECUTIVE SUMMARY OFFERING SUMMARY Lease Rate: Available SF: Min/Max SF: Lease Type: Expenses: Building Size: Lot Size: Parking: $12.00 SF/yr 1,928 SF 250 / 1,200 SF Gross + U and J Utilities/Janitorial 24,000 SF 2.62 Acres 144 spaces PROPERTY OVERVIEW This is an all masonry block and brick 10 unit building with several smaller single office spaces available. Rents are gross plus utilities and janitorial. Rent subject to change soon as these units will be substantially remodeled. Unit 501C is 250 SF office. Unit 501D is a 450 SF office. Unit 501 E is a 437 SF office. Unit 509D is a 451 Sf office. Unit 509G is a 340 SF office. LOCATION OVERVIEW This building is located just east of the stoplight corner of Merrillville Rd, less than 1 mile south of US Highway 30 and just 1 block west of Broadway (SR 53). The I-65/ US Highway 30 interchange is just 1 1/2 miles northeast. Surrounding businesses along 84th Dr include Thieneman Construction, Kaufman Chiropractic, Comcast, US Federal Credit Union, the Crossroads Regional Chamber of Commerce, and Law Offices of David Holub. 2 blocks from Meijer. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County. Zoning: Hwy Commercial All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 1
2 ADDITIONAL PHOTOS All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 2
3 FLOOR PLANS All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 3
4 RETAILER MAP For Information Contact: David Lasser, SIOR/CCIM All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 4
5 LOCATION MAPS For Information Contact: David Lasser, SIOR/CCIM All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 5
6 AERIAL All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 6
7 DEMOGRAPHICS MAP POPULATION 1 MILE 5 MILES 10 MILES Total population 3, , ,137 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 1,384 37, ,823 # of persons per HH Average HH income $54,536 $65,001 $61,191 Average house value $173,907 $185,143 $172,778 * Demographic data derived from 2010 US Census All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 7
8 2018 FACT SHEET
9 2018 FACT SHEET TAXES & FACTORS INDIANA Illinois Kentucky Michigan Ohio Corporate Income Tax Rate (a) 6.0% 9.50% 4-6% 6.0% % State Apportionment of Corporate Income Single Sales Factor Single Sales Factor Sales, Property, & Payroll with Sales Double-Weighted Single Sales Factor Gross Receipts Tax (known as: Commercial Activity Tax) Individual Income Tax Rate (a) 3.23% 4.95% 2% - 6% 4.25% 0% % Local Average Individual Income Tax Rate (b) 1.56% NONE 2.08% 1.70% 2.25% Local Average & Sales Tax Rate 7.00% 6.25% 6.00% 6.00% 5.75% Unemployment Insurance Tax Rate times (x) State Wage Base $ $ $ $ $ Workers' Compensation Premium Rate Index $1.05 $2.23 $1.52 $1.57 $1.45 (Per $100 of Payroll) Mean Hourly Wage $21.51 $27.32 $21.13 $24.38 $22.65 Cost of Living Index Right To Work YES No Yes YES No (a) The effective local income tax rate is calculated by taking the mean of the income tax rate in the most populous city and the capital city. (b) QCEW Statewide,Total-all industries,private,all establishment sizes,average Annual Pay/2080 Source: Tax Foundation (10/2017). Federation of Tax Administrators (State Apportionment of Corporate Income, 1/2017). Oregon Dept. of Consumer & Business Services (Oregon Workers Compensation Premium Rate Ranking, 10/2016). Various state unemployment insurance agencies. ADP FastFacts. PayrollTaxes.com. Bureau of Labor Statistics - Quarterly Census of Employment & Wages (9/2017). Emsi (using C2ER Cost of Living data). National Right To Work Legal Defense Foundation. Area Development (9/2017). Chief Executive (5/2017). CNBC (7/2017). Forbes (11/2017). U.S. News (2/2018). FOR MORE INFORMATION PLEASE VISIT ASTATETHATWORKS.COM
For Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $169,900 Price / SF: $1.05 Price / Acre: $45,550 Lot Size: 3.73 Acres Zoning: M-1/M-2 Taxes: $3,159.16 PROPERTY OVERVIEW Situated just south of 93rd Avenue
More informationFor Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $595,000 Price / SF: $3.69 Price / Acre: $160,811 Lot Size: 3.7 Acres Zoning: M-2 PROPERTY OVERVIEW Situated at the Southwest corner of the signaled intersection
More informationFor Information Contact: Allen Bartley
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $2,790,000 Price / SF: $57.36 Building Size: 48,640 SF PROPERTY OVERVIEW Multi-Tenant office/warehouse/industrial building. This is a pre-engineered steel
More informationFor Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $1,900,000 Price / SF: $295.63 Building Size: 6,427 SF Lot Size: 1.55 Acres Zoning: OS-1 Parking: 35 spaces Taxes: $43,480.54 Units: 1 Occupancy: Vacant PROPERTY
More informationFor Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Lease Rate: Available SF: Min/Max SF: Lease Type: Expenses: Building Size: Lot Size: $16.00 SF/yr 1,347 SF 1,347 SF Triple Net $4.20/SF 7,760 SF 1.37 Acres PROPERTY OVERVIEW
More informationPROPERTY OVERVIEW LOCATION OVERVIEW. For Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Lease Rate: Available SF: Min/Max SF: Lease Type: Expenses: Building Size: Lot Size: $14.00 SF/yr 1,966 SF 1966 / 1966 SF NNN $6.30/SF 24,000 SF 3.0 Acres PROPERTY OVERVIEW
More informationPROPERTY OVERVIEW LOCATION OVERVIEW. For Information Contact: David Lasser, SIOR/CCIM
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $1,050,000 Price / SF: $54.12 Building Size: 19,400 SF Lot Size: 2.14 Acres Zoning: B-3 Taxes: $23,200.68 PROPERTY OVERVIEW This is a 19,400 SF commercial
More informationPROPERTY OVERVIEW LOCATION OVERVIEW. For Information Contact: Allen Bartley
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