7310 Lincoln Hwy Crown Point, IN 46307

This exceptional investment opportunity presents a 13,380-square-foot medical office building situated on a 2.09-acre lot in Crown Point, Indiana. The property, built in 2006, is currently 100% occupied under a triple-net (NNN) lease with Franciscan Physician Network, a credit-rated tenant with an "AA" Fitch rating. The lease, originally signed in June 2006, has a remaining term of approximately 1.9 years, encompassing two 5-year option periods previously exercised, demonstrating the tenant's long-term commitment. The building boasts a single story and features a prime location on West Lincoln Highway (US-30), a high-traffic thoroughfare with over 49,000 vehicles daily, offering excellent visibility and accessibility. The property generates a substantial net operating income (NOI) of $260,910, resulting in a compelling 9.50% cap rate. The asking price is $2,746,421, translating to $205 per square foot. This investment is further enhanced by its strategic location within the Chicago metropolitan area, benefiting from a large and growing population base. The property's strong tenant, long-term lease, and passive income stream make it an attractive addition to any portfolio. The property's APN is 45-11-14-376-001.000-036. This offering is suitable for a 1031 exchange.