Hopebridge - Merrillville, IN_Property for Sale
Hopebridge - Merrillville, IN_Property for Sale
8409 Merrillville Rd, Merrillville, IN, 46410, US

Hopebridge - Merrillville, IN

Description

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.

...

Attributes

Asking price
₩4,300,437,000
Cap rate
7%
Building area net
775 m²
Occupancy
100%
Year built
2025

Media

Investment Highlights

  1. High growth tenancy with 111 locations nationwide and $296M annual revenue
  2. 10-year corporate guaranteed lease with 1.00% annual rent increases and limited landlord responsibilities
  3. Prime location in dense retail corridor within Chicago MSA, just 40 miles from downtown Chicago Adjacent to Southlake Mall (3.0M+ annual visits, top 3% of shopping centers nationwide)
  4. Neighboring Meijer attracts 1.4M+ visits annually and ranks in top 5% of Meijer's in Indiana High visibility on Merrillville Rd (12,000+ VPD) with proximity to I-65 (50,000+ VPD)
  5. Strong demographics with 100K population within 5-mile radius and $88K+ average household income
  6. Brand new 2025 construction designed specifically for autism therapy
Hopebridge - Merrillville, IN 4_Property for Sale
Hopebridge - Merrillville, IN 4_Property for Sale

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Hopebridge - Merrillville, IN (0 Properties)

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Last updated
28 Jul 2025