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600 Legacy Plz W
La Porte, IN 46350

IU Health LaPorte · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
16,700 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,700 SF
Building FAR
0.08
Lot Size
5.02 AC
Zoning
B-1 - Neighborhood Commercial
Parking
64 Spaces (3.83 Spaces per 1,000 SF Leased)

Amenities

  • Reception

About 600 Legacy Plz W , La Porte, IN 46350

Marcus & Millichap is pleased to present the fee-simple ownership interest in 600 Legacy Plaza E located in La Porte, Indiana. This single tenant property was constructed in 2011, and is occupied by CHS - Orthopedic & Sports Medicine providing services such as outpatient care, occupational therapy, orthopedics, pediatric rehabilitation, speech therapy and general medical services. Lakeshore Bone and Joint is a sub-tenant occupying roughly 40 percent of the site. There is also an x-ray room, surgery center, and a small aquatic therapy pool on site. The property operates under double-net lease with just under eight years of term remaining. The site sits on 5.02-acres offering 16,700-square feet of class B medical office space with additional room for expansion on the parcel. This property offers investors the opportunity to acquire a key medical asset with excellent history, reputation, and stable long-term passive cash flow. Built only nine years ago, the property showcases modern and attractive office spaces. Located right off a major thoroughfare, this location offers great access for patients and physicians. Offering an exceptional location, outstanding accessibility, abundant amenities and stable investment-grade cash flow, 600 Legacy Plaza represents an excellent core investment with low risk and few landlord responsibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-11-06-101-120.000-058
Land Assessment
$156,500
Improvements Assessment
$1,415,900
Total Assessment
$1,572,400
  • Listing ID: 19055841

  • Date on Market: 3/30/2020

  • Last Updated:

  • Address: 600 Legacy Plz W, La Porte, IN 46350

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