Hopebridge - Merrillville, IN

JLL is pleased to present the opportunity to acquire the newly constructed Hopebridge Autism facility located at 8409 Merrillville Rd, Merrillville, IN. Hopebridge operates on a 10-year net lease with 1.00% annual rental escalations and two, 3-year renewal options.

The Property is strategically positioned along Merrillville Rd in a dense retail corridor within the Chicago MSA, 40 miles from downtown Chicago . Merrillville boasts a population of approximately 100K within a 5-mile radius with convenient access to I-65 (50K+ VPD). The property benefits from its proximity to Southlake Mall, a regional shopping destination attracting 3.0 million+ annual visitors, ranking in the top 3% of shopping centers nationwide. The neighboring Meijer attracts 1.4M+ visits annually and ranks in the top 5% of Meijer’s in Indiana.

Hopebridge provides personalized, comprehensive outpatient Applied Behavior Analysis (“ABA”), occupational, speech, and feeding therapies for children with autism spectrum disorder or affected by other behavioral, physical, social, communication, and sensory challenges. Each location is a state-of-the-art facility designed specifically to enhance pediatric therapy for a spectrum of functioning levels.

This offering presents the opportunity to acquire a high-growth tenancy in a dense retail corridor with top-performing locations, backed by a corporate guaranty and annual rent increases.