6110 Broadway

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6110 Broadway

merrillville, IN 46410
Asking Price
$4.75M
Asset Type
Retail
Class
Class B

What's Special

6110 Broadway is situated in the heart of Merrillville, Indiana, along a primary north-south commercial corridor. The neighborhood is characterized by a dense mix of national retailers, local businesses, and established residential pockets. The property offers proximity to major regional amenities, including the Southlake Mall trade area, and is less than two miles from the I-65 interchange. This location benefits from consistent daily traffic counts and high visibility on Broadway, providing efficient regional access for commuters and local residents throughout Lake County. The property is suited for a variety of retail applications, including general merchandise stores, boutique shops, or service-oriented businesses. Its location and layout align with the needs of neighborhood-scale tenants seeking prominent signage and easy customer ingress. Typical occupants may include specialty grocers, fitness studios, or professional service providers such as insurance agencies and medical clinics. The asset’s positioning within a high-traffic retail cluster makes it a functional choice for businesses prioritizing convenience and a central suburban presence.

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NOI
$80,000
Cap Rate
1.68%
DSCR
0.28
Underwater
Cash-on-Cash
-14.18%
Monthly Payment
$23,500.408
Annual Cash Flow
$-202,004.9

Location & Travel Times