Improved Commercial Land for Sale in Merrillville, Indiana

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.

As a Class A professional office building in one of Merrillville’s most sought-after corridors, it’s positioned to attract high-value medical and professional tenants.

High-Quality, Long-Term Anchor Tenant - One of the most attractive features is the 7,278 SF existing tenant, who will sign a new 10-year lease at closing. This provides an investor with immediate, predictable cash flow and significantly reduces the risk of initial vacancy.

Strategic "Value-Add" Opportunity - The building includes a 4,088 SF former surgical center that is currently vacant.

Medical Ready: It’s already built out with a procedure room, recovery/prep area, and nurse consulting stations—perfect for an infusion or phlebotomy center.

Versatile: If not used for surgery, the space can be easily converted into high-end professional office suites to maximize rental income.

Hospital Proximity: Merrillville is a regional healthcare hub, and being near major local hospitals makes this a natural satellite site for specialists.

Established Business Neighbors: You’ll be sharing the immediate area with NANI Nephrology Associates and other Class A office users, ensuring a professional environment that maintains property value.