2910 Monroe St - Medical FOR SALE


La Porte, IN 46350
$1,849,000 USD
219-545-2859
2910 Monroe St, La Porte, IN for Sale
$1,849,000 USD
Medical - FOR SALE
1/27
null | 7.86% Cap Rate

2910 Monroe St
La Porte, IN 46350


HIGHLIGHTS

  • 5,932 SF medical office building with significant upgrades in 2024.
  • Single tenant occupied.
  • Brand new 10-year lease.
  • 3% Annual Escalations.
  • Corporate Guarantee.
  • NNN Investment.

OVERVIEW

Presenting an exceptional investment opportunity at 2910 Monroe Street, La Porte, IN. This 5,932 SF medical office building offers investors a secure and reliable income stream with a brand new 10-year lease to Lighthouse Autism Therapy Center. With a mission focused on providing high-quality ABA therapy services to communities across the Midwest, Lighthouse Autism Center brings a strong and stable tenant to this property. This investment combines the appeal of a well-maintained property with the security of a long-term lease to a mission-driven tenant. Lighthouse has 23 locations in Indiana and continues to be one of the leading providers in the State of Indiana.

FOR SALE DETAILS

PRICE

$1,849,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

7.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lighthouse Autism- NNN Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

B1

APN/PARCEL ID

46-11-06-178-008.000-058

ASK ABOUT THIS PROPERTY

Aaron McDermottLatitude CommercialMore Info
219-545-2859

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Aaron McDermottLatitude CommercialMore Info
219-545-2859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.