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  • 8
  • 6052
  • 1977
  • 74
  • 0.78
Active Status Office
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Free Standing Medical Building for Sale or Lease! This is a potential Sale Lease-back with 50% occupancy and proposed 2 yr lease. Value ad proposition with 17%CAP RATE potential. Current use for physical therapy. Layout has 1 Waiting Area; Reception Desk; 2 Filing Rooms; 2 Therapy Areas; 1 Exercise Room; 1 Breakroom; 1 Nurse's Station; 8 Exam Rooms; 6 Offices; 3 Washrooms and 1 Shower Room. Income opportunity offering value-add proposition with Sale-leaseback potential. Come see this corner, free-standing building with 29 parking spaces, 6,000 square feet, modern and well maintained medical office building. Building may be split in half (3,000 sf) & share reception/lobby patient intake area. Owner may take lease for half space for 2-3yrs depending on offer amount.

Address: 1265 S Lake Park Avenue
State: IN
City: Hobart
County: Lake
Zip Code: 46342
Neighborhood: Second South Side Add Hobart
MLS#: 452855
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  • Pool:No
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Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:From I-65 exit 61 st East. Turn Left on S. Lake Park Avenue to property.
Property Information Last Updated: 4/23/2019 5:19:35 PM
Property Listed By Villar-Real Estate Advisors, LLC



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