5340-64 Broadway Merrillville, IN 46410

This exceptional investment opportunity presents a 43,688 square foot shopping center situated on a 3-acre lot at 5340-64 Broadway in Merrillville, Indiana, zip code 46410. Known as City Mall, this multi-tenant retail property boasts a prime location with convenient access to Interstates 80/94 and 65. The building offers over 43,000 square feet of usable space, including two loading dock areas and an additional garage currently used for tenant storage. Currently occupied by a diverse range of tenants including a bookstore, beauty salon, religious organization, discount home goods store, and several other retailers, the property presents significant value-add potential. Many current leases are below market rates, offering immediate upside for the new owner. The property also includes upper-level office space with a separate entrance. The expansive parking lot presents further development opportunities for outlots, potentially accommodating retail, office, or restaurant uses. This property is ideal for an investor, developer, or owner-user seeking a major value-add opportunity in a high-traffic area. The gross lease structure simplifies management.