Carson’s | Merrillville, IN

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brent Hanna

248.702.0293
brent@encorereis.com

Request More Info

Offering Information

1995 Southlake Mall
Merrillville, IN 46410

  • Price: $8,160,000
  • Cap. Rate: 10.67%
  • NOI: $870,698
  • Building Size: 145,000SF
  • Lot Size: 11.00 AC

Investment Highlights

  • Absolute Net Lease Structure | Zero Landlord Responsibilities
  • Strong Store Sales and Guarantor | Saks Incorporated
  • 11+ Acres of Land | Serves as Co-Anchor to the 1.4 Million SF Southlake Mall
  • 5-Five Year Options to Renew with 3% Rent Escalations
  • Southlake Mall is the Dominant Regional Mall for the Area
  • Chicago MSA | Located Near the Exit of I-65 Highway
  • Population within a 5 Mile Radius of Subject Property Exceeds 90,063
  • Average Household Income Within 5 Miles is $69,459
  • Located Amongst Hundreds of National Retail Tenants