6200 Central Ave Portage, IN 46368

This property features a medical office building that was completely re-developed to Northwest Medical Group’s specifications in 2020. The tenant has a 10-year lease commitment through October of 2030, with three, five-year options. Rental escalations are set at 2% per annum. Northwest Medical Group is a regional healthcare network comprised of three hospitals and more than 30 physician office locations across Northwest Indiana. Northwest Health serves over 700,000 people within the region. The Northwest Health network includes five emergency departments, six urgent cares, three outpatient surgery centers, occupational medicine centers, and an inpatient rehabilitation unit. Northwest Health possesses more than 4,000 employees and 700 physicians. Portage serves as a major medical hub for the region, near Porter County’s Regency and Northwest Health Hospitals. The property is located 0.7 miles south of Interstate 80/90 and 2.2 miles north of U.S. Route 6. The South Shore Line commuter rail is just 4 miles north of the property. Positioned on Central Avenue, east of Willowcreek Road, the location offers a variety of restaurant options, as well as neighboring businesses such as Walgreens, Family Dollar, and Strack & Van Til. The property is located 23 miles east of the Indiana/Illinois border. The property features demographics including an average household income of nearly $80,000 and a median home value of $181,000+ within three miles. The population within three miles has experienced 16% growth since 2000. The property size is 4701 square feet.