7320 Broadway

Great 1031 Exchange or Investment Opportunity. The property features a 15,082 SF building leased to Biomat USA, a subsidiary of Grifols, a worldwide company in healthcare. The lease with 7 + years remaining on the initial 10 year term is a modified NNN lease with 2-5 yr. options with minimal landlord responsibilities. The building has been completely remodeled and Grifols has invested several million dollars in their buildout of the facility. Grifols is a leading producer of plasma-derived medicines used to treat rare, chronic and, at times, life-threatening conditions. The property is located in business friendly Merrillville, the commerce center of NW Indiana, just 45 minutes south of Chicago.