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Property profile & analytics
FOR LEASE
Medical Office Space

1514 119Th St Whiting, IN 46394

Built 2015
Property ID
US31-2872324
Property summary
AI-generated overview

Medical office space for lease in Downtown Whiting located directly on 119th Street. The space consists of approximately 4,700 square feet and is in turnkey pristine condition. Within the suite are seven exam rooms, a kitchenette, three private offices, a procedure room, physical therapy room, nurse station, and a spacious waiting area. Next door, a 1,600sf retail suite formerly occupied by a nail salon is also available. Heavy foot traffic combined with a parking lot in the rear of the building make this a highly desirable location in the area. NN lease with tenant paying taxes and CAMs, currently estimated at $4/sf. This property is located on 119th Street in Downtown Whiting. This area is a downtown business district occupied by numerous retail and office users. Downtown Whiting is one of the few areas in Northwest Indiana with heavy foot traffic. Whiting is a city located in the Chicago Metropolitan Area in Lake County, Indiana, which was founded in 1889. The city is located on the southern shore of Lake Michigan. It is roughly 16 miles from the Chicago Loop and two miles from Chicago's South Side. Whiting is home to Whiting Refinery, the largest oil refinery in the Midwest.

Property profile
Verified
Property type Medical Office Space
Year built 2015
UPID US31-2872324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ST. Catherine Hospital Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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