51565 Bittersweet Rd - Medical FOR SALE
Granger, IN 46530 |
$1,167,747 USD
773-219-0964
51565 Bittersweet Rd
Granger, IN 46530
HIGHLIGHTS
- Smile Doctors is one of the most sought-after tenants in the Healthcare space, recognized as one of the largest dental companies in the US with 450+
- Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce.
- 3.00% annual rental increases from Smile Doctors provide a future owner a boost in cash flow and return on their investment,
- Smile Doctors renewed the lease in November of 2024 showing their long-term commitment to the location.
- Smile Doctors expands by acquiring existing practices that are already established within the community. This allows them to quickly grow
- Wealthy Demographics – The surrounding area has an average household income above $123,265.
FOR SALE DETAILS
PRICE
$1,167,747 USD
PRICE/SF
$141 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Grange Professional Complex
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Fast Food, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
75
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
Commercial
APN/PARCEL ID
71-05-18-327-004.000-011
ASK ABOUT THIS PROPERTY
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773-219-0964
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773-219-0964
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