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Freestanding Medical Center
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117 S Nappanee St, Elkhart, IN 46514

Dual-practice healthcare facility with oral surgery and endodontics operations under net lease structures.

Property SizeContact for details
Days on Market132

Property Features for 117 S Nappanee St

General Information

Standard status Active
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: JLL Austin
Listed By: Kirby Hayes · License #TX 755222
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 5:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Austin

Investment Insights

Based on property information with market context.

The freestanding healthcare facility at 117 S Nappanee St supports two established medical practices: Oral Surgery Michiana and Endodontic Services, Inc. The oral surgery operation occupies the property under a double net lease with approximately 4.5 years remaining, two five-year renewal options, and a five-year initial term. The endodontics practice leases on a triple net basis with approximately 5.4 years remaining.

The facility serves specialized oral healthcare needs and includes 3D imaging, Medit Intraoral Scanning, and Digital X-Rays. Elkhart’s premier hospital and its 327+ bed medical complex are located one mile away, while Elkhart Municipal Airport is also nearby. Oral Surgery Michiana is led by two board certified surgeons and operates across two locations with an employee count of over 20 people.

Key Highlights

  • Freestanding healthcare facility at 117 S Nappanee St, Elkhart, IN 46514
  • Occupied by Oral Surgery Michiana and Endodontic Services, Inc.
  • Oral surgery lease has approximately 4.5 years remaining with two five‑year renewal options

Property Analytics

Current Use

McBride J S ... Dental Office Dr. E. Michael ... Dental Office Endodontic Services - Elkhart Dental Office Scott E. Risser, ... Dental Office Oral Surgery Michiana ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Dual-practice healthcare facility with oral surgery and endodontics operations under net lease structures.
Where is this medical center located?
The property is located at 117 S Nappanee St Elkhart, IN.
What are key features of this property?
This property features: Freestanding healthcare facility at 117 S Nappanee St, Elkhart, IN 46514; Occupied by Oral Surgery Michiana and Endodontic Services, Inc.; Oral surgery lease has approximately 4.5 years remaining with two five‑year renewal options
More about this property
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