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Lighthouse Autism- NNN Investment 2910 Monroe St

5,932 SF 100% Leased Office Building La Porte, IN 46350 $1,999,000 ($337/SF) 7.27% Cap Rate

Investment Highlights

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

Executive Summary

5,932 SF medical office building with significant upgrades in 2024.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,932 SF
Building Class
B
Year Built
1995
Price
$1,999,000
Price Per SF
$337
Cap Rate
7.27%
NOI
$145,334
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,932 SF
Building FAR
0.06
Land Acres
2.13 AC
Zoning
B1 - Neighborhood Commercial

Amenities

  • Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Lighthouse Autism Center
  • Health Care and Social Assistance
  • 5,932 SF
  • -
  • Sep 2036
Tenant Industry SF OCCUPIED RENT/SF Lease End
Lighthouse Autism Center Health Care and Social Assistance 5,932 SF - Sep 2036

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-11-06-178-008.000-058
Land Assessment
$86,000
Improvements Assessment
$338,400
Total Assessment
$424,400
  • Listing ID: 33591398

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 2910 Monroe St, La Porte, IN 46350

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