1516 119Th St Whiting, IN 46394
For Lease
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This exceptional 4,640-square-foot Class A medical office space is available for lease in downtown Whiting, Indiana. Located at 1516 119th Street, this single-tenant property boasts a prime location within the C-DB-SZ (Downtown Business Special Zone) of Lake County. Built in 2015, the building features a spacious waiting area, seven exam rooms, a break room, a procedure room, and three private offices. A significant 1,200-square-foot physical therapy room is also included, offering the potential for separate lease arrangements. The property is in excellent condition and ready for immediate occupancy, making it ideal for medical or related businesses. Ample off-street parking is available for staff and patients. The asking rent is $15 per square foot, with pass-through expenses of $6 per square foot. The property is zoned for a variety of uses within the Downtown Business Special Zone, offering flexibility for potential tenants. This one-story building presents a unique opportunity for businesses seeking a modern, well-equipped space in a thriving community. The property's single-tenant occupancy ensures a streamlined and efficient operation. This is a turnkey solution for a medical practice or similar business seeking a move-in ready space.
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Michael Hu MD Physician
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Dr Iyer Pediatrician Pediatrician Medical Clinic
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Whiting Community Health Center Medical Clinic
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Medovate Dermatology Physician Medical Clinic
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Elizabeth Springer Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.