What is the asking price for NANI BUILDING?

The lease rate for space here is $2,200,000.

What is the total size of NANI BUILDING?

The property has a total square footage of 11,366 SF.

When was this property built?

NANI BUILDING was built in 2008.

How many parking spaces are available at NANI BUILDING?

Parking information for the property isn't currently listed. However, other nearby parking options include The Fieldhouse, located 1.93 miles away , and Employee Parking, which is 2.01 miles away.

90-100 West 86th Avenue, Merrillville, IN 46410

For Sale $2,200,000
Property Type Office
Property Size 11,366 SF
Lot Size 2.43 Acre
Zoning Commercial
Year Built 2008
Date Updated Nov 9, 2026

Description

The NANI Building presents a strategic acquisition for a medical or professional practice looking to own their real estate in Merrillville’s most sought-after business corridor. This Class A asset offers the rare combination of immediate occupancy for your business and stable, long-term cash flow from an established co-tenant. Key Owner-User Benefits: - Built-In Income: The existing anchor tenant (7,278 SF) will sign a new 10-year lease at closing, providing a reliable revenue stream to offset your debt service and operating expenses. - Move-In Ready Surgical Center: Occupy 4,088 SF of high-spec medical space. The suite is "turnkey" for specialty use, featuring a 22'x20' procedure room, recovery/prep areas, oxygen storage, and a private discharge drive-through for patient convenience. - Class A Infrastructure: From the professional reception and staff lounges to the executive physician offices, the building’s finishes reflect a premium brand image for your practice. - Strategic Equity Play: Stop paying rent and start building equity. With Merrillville’s tightening market and positive absorption, this is an ideal time to secure a permanent location in a high-demand medical hub.

Highlights

Centrally located in Merrillville, Indiana, the NANI Building offers exceptional access to a dense network of major medical facilities. The property is just minutes from the Methodist Hospitals Southlake Campus and is strategically positioned to serve patients and staff from across Northwest Indiana
High Visibility:The surrounding business corridors see heavy daily traffic (over 16,000 cars/day on nearby Broadway), ensuring the property stays on the radar of potential future tenants.
HospitalDistance (Miles)Est. Drive Time
Methodist Hospitals - Southlake Campus: 1.84 mi, 6 mins
Pinnacle Hospital: 2.6 mi, 8 mins
Progressive Hospital of Merrillville: 2.8 mi, 9 mins
St. Mary Medical Center: 4.5 mi, 12 mins
This strategic location at the US-30 and I-65 interchange ensures that an owner-user can draw from a wide patient base while benefiting from the prestige of being situated near these major institutions.
UChicago Medicine Northwest Indiana: 3.6 mi, 10 mins
As aClass A professional office buildingin one of Merrillville’s most sought-after corridors, it’s positioned to attract high-value medical and professional tenants.
Established Business Neighbors:You’ll be sharing the immediate area withNANI Nephrology Associatesand other Class A office users, ensuring a professional environment that maintains property value.
High-Quality, Long-Term Anchor Tenant - One of the most attractive features is the7,278 SF existing tenant, who will sign anew 10-year leaseat closing. This provides an investor with immediate, predictable cash flow and significantly reduces the risk of initial vacancy.
Hospital Proximity:Merrillville is a regional healthcare hub, and being near major local hospitals makes this a natural satellite site for specialists.
Medical Ready:It’s already built out with a procedure room, recovery/prep area, and nurse consulting stationsperfect for an infusion or phlebotomy center.
Strategic "Value-Add" Opportunity - The building includes a4,088 SF former surgical centerthat is currently vacant.
Versatile:If not used for surgery, the space can be easily converted into high-end professional office suites to maximize rental income.