1320 W State Rd 2 La Porte, IN
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New construction medical property with long-term lease and escalations.
Type:OFFICE
Property size:
3,726 SFLot size:
1.00 AcrePrice / SF:
$806/SF- Added:
- Apr 9, 2025
- Days on Market:
- 386
- Last Refresh:
- Apr 5 at 11:02 pm
Property Features for 1320 W State Rd 2
General Information
- Standard status
- Active
- Size
- 3,726 SF
- Lot size
- 1.00 Acre
- Property subtype
- OFFICE
Listing agent Randy Blankstein
Listing office The Boulder Group - Corporate (847) 562-8500
Listing date Apr 9, 2025
Source Moodyscre
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 The Boulder Group - Corporate
Overview
La Porte Medical Investment Property
This property, constructed in 2023, is an outparcel in a shopping center. The property is leased to a medical tenant under a NNN lease, which provides minimal landlord responsibilities. The primary lease term has over 14 years remaining, with 10% rental escalations scheduled every five years. A corporate guaranty is in place. The property is located along State Road 2, which has a traffic volume of 13,850 vehicles per day. The surrounding area has a population of over 33,200 within a five-mile radius, with an average household income of $94,332 within the same radius. Neighboring tenants include Rural King, Dunham’s Sports, Walgreens, Ace Hardware, Advance Auto Parts, Burger King, and Dollar General. The property is located in proximity to La Porte High School, Northwest Health, and Franciscan Physician Health Center. The tenant is part of a network of over 250 locations.
Location Intelligence
Current Use by Public Records
Fast Pace Health ...
Medical Clinic
Similar Places Nearby
- La Porte Animal Hospital — 2303 W State Rd 2 West, La Porte, IN 46350
Location Insight
- Map
- Local Demand
- City
- La Porte
- County
- LaPorte
- State
- Indiana
- Longitude
- -86.6733
- Latitude
- 41.6325
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - New construction medical property with long-term lease and escalations.
Where is this medical office space located?
The property is located at 1320 W State Rd 2 La Porte, IN.
What is the asking price?
The asking price for this property is $3,005,878.
What are key features of this property?
This property features: 14+ years remaining on the primary lease term, offering long‑term stability.; NNN lease structure ensures minimal landlord responsibilities, with no roof exposure.; Benefit from a medical tenant, providing e‑commerce resistant income.
