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Medical Office Suite with Parking
For Lease
$2,323/Mo

C-1861 Sturdy Road, Valparaiso, IN 46383

Ready-to-build medical or professional office space with high ceilings, good windows, and convenient front parking.

Space SizeContact for details
Days on Market101

Property Features for C-1861 Sturdy Road

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $14,944

Building Details

Year Built 2006
Listing Agency: RE/MAX Lifestyles
Listed By: Matt Evans · License #RB14034485
Source: Exprealty
Added: Jun 3 Changed: Sep 10 Last Checked: Sep 9 at 8:27PM

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 RE/MAX Lifestyles

Investment Insights

Based on property information with market context.

Approximately 1,394 SF of medical or professional office space is available for rent in a newer 2006-built building. The space is described as ready for build-out, with high ceilings and good windows to support a range of office configurations. The property connects to city sewer and also includes a well.

The building is located on the south side of Valparaiso near Valparaiso University and Walmart, south of US Hwy 30. Access is off Sturdy Road, and parking is available in front of the building, supporting patient, client, and employee arrivals.

This suite is suited for tenants seeking a medical or professional office environment where the interior can be tailored through build-out. The reported terms are a base rate plus NNNs/CAMs, and the landlord buildout participation is described as negotiable depending on finish quotes. The landlord is seeking a minimum of a 3-year lease, with a preference for 5-year minimum lease terms.

Key Highlights

  • Approximately 1,394 SF medical or professional office space south of Valparaiso near Valparaiso University and Walmart.
  • Ready for tenant build‑out with landlord buildout participation negotiable based on finish quotes.
  • High ceilings and good windows for the office space.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Daycare Center Electrical Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

974
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Valparaiso, IN

$19.37 /SF/Yr
Avg Asking Price
$15–$22.37 /SF/Yr
Price Range
2,635 SF
Avg Space Size

This space is priced 3% above the average of $19.37 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ready-to-build medical or professional office space with high ceilings, good windows, and convenient front parking.
Where is this medical office space located?
The property is located at C-1861 Sturdy Road Valparaiso, IN.
What is the lease rate?
The lease rate is $2,323/Mo.
What are key features of this property?
This property features: Approximately 1,394 SF medical or professional office space south of Valparaiso near Valparaiso University and Walmart.; Ready for tenant build‑out with landlord buildout participation negotiable based on finish quotes.; High ceilings and good windows for the office space.
More about this property
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