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Century Plaza 303-399 E 81st Ave 18 215 pi² 100% Loué Commerce de détail Immeuble Merrillville, IN 46410 8 902 773 $ CAD (488,76 $ CAD/pi²) 6,76% Taux de capitalisation



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Faits saillants de l'investissement
- Premium Class "A" Asset: 100% leased, 18,215 SF retail center with e-commerce-resistant tenants.
- Built-In NOI Growth: Contractual rental escalations provide a reliable inflation hedge.
- Proven Tenant Stability: Exceptional historical commitment with an average tenant tenure of 14+ years.
- Top 7% Panera Anchor: Features a high-volume drive-thru; ranks in the top 7% of Panera locations nationwide.
- Elite Core Location: High-visibility intersection (East Lincoln Hwy & Broadway) seeing 87,000+ VPD.
- Affluent Chicago Suburb: Surrounded by powerhouse retailers (Costco, Target, Walmart) serving 100,000+ residents within 5 miles.
Résumé de l'annonce
Marcus & Millichap is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in Century Plaza, a premier, 100% occupied Class "A" retail strip center located in Merrillville, Indiana, within the prominent Chicago MSA.
Spanning 18,215 square feet on approximately 1.64 acres, the property features a highly successful, internet-resistant tenant roster heavily oriented toward dining and daily services. The center is anchored by a top-tier Panera Bread with a dedicated drive-thru, which stands as a top-performing location ranked in the top 7% nationwide. The asset boasts excellent historical stability, showcasing nationally recognized brands like Panera Bread, Qdoba, and Plato's Closet.
Century Plaza is strategically positioned at the high-traffic intersection of East Lincoln Highway (the area's main retail corridor) and Broadway, benefiting from an exceptional combined traffic count of over 87,000 vehicles per day. Situated within a dense and affluent southern Chicago suburb, the property serves a captive market of over 100,000 residents with average household incomes exceeding $80,000 within a 5-mile radius. Offered free and clear of debt, Century Plaza provides an incoming investor with an immediate, secure, and predictably growing cash flow backed by an institutional-quality retail asset.
Spanning 18,215 square feet on approximately 1.64 acres, the property features a highly successful, internet-resistant tenant roster heavily oriented toward dining and daily services. The center is anchored by a top-tier Panera Bread with a dedicated drive-thru, which stands as a top-performing location ranked in the top 7% nationwide. The asset boasts excellent historical stability, showcasing nationally recognized brands like Panera Bread, Qdoba, and Plato's Closet.
Century Plaza is strategically positioned at the high-traffic intersection of East Lincoln Highway (the area's main retail corridor) and Broadway, benefiting from an exceptional combined traffic count of over 87,000 vehicles per day. Situated within a dense and affluent southern Chicago suburb, the property serves a captive market of over 100,000 residents with average household incomes exceeding $80,000 within a 5-mile radius. Offered free and clear of debt, Century Plaza provides an incoming investor with an immediate, secure, and predictably growing cash flow backed by an institutional-quality retail asset.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
18 215 pi²
Classe d’immeuble
B
Année de construction
2003
Prix
8 902 773 $ CAD
Prix par pi²
488,76 $ CAD
Taux de capitalisation
6,76%
Revenu net d’exploitation
602 239 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
1,64 AC
Zonage
R33
Stationnement
200 places (10 places par 1 000 pi² loué)
Façade
214’ sur Us-30 Hwy
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
20/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 45-12-22-301-022.000-030 | Évaluation des bâtiments | 3 832 878 $ CAD |
| Évaluation du terrain | 2 810 976 $ CAD | Évaluation totale | 6 643 854 $ CAD |
Impôts fonciers
Numéro de lot
45-12-22-301-022.000-030
Évaluation du terrain
2 810 976 $ CAD
Évaluation des bâtiments
3 832 878 $ CAD
Évaluation totale
6 643 854 $ CAD
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Century Plaza | 303-399 E 81st Ave
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