This Office Property is Off-Market.

408 Perry Street
La Porte, IN 46350 ·

6,720 SF · Office For Sale

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408 Perry Street

Price N/A Cap Rate 11.10%
Building Size 6,720 SF Occupancy 51%
Property Type Office No. Stories 1
Property Sub-type
Office Building
More...
  • Medical Office
  • Restaurant
Tenancy Multiple
Property Use Type Investment Year Built 2006
Commission Split 3.5% Lot Size 0.74 AC
Listing ID: 16859230 Date Created: 10/04/2010 Last Updated: 08/23/2011

Description

Investment opportunity available with this wood and steel constructed, multi-unit office/retail strip building in busy La Porte. The building offers super efficient and geothermal heating and cooling. Currently two of the four units are leased by Chicago Title Insurance and Curves fitness center. The available vacant units are partially built out to vanilla box stage and ready to finish to suit. Site offers ample 48 car parking and good visibility. Ideal opportunity for owner user to occupy one unit and lease the other or lease both for 100% occupancy. Excellent location near shopping, banking, restaurants, light industrial and residential. The property is across from the Kroger grocery and Tractor Supply anchored Pine Lake Plaza, near Pizza Hut, McDonald's, Taco Bell, Aarons and more, 1 block north of Larson Danielson, 2 blocks north of City Hall, Lens Lab Optical and La Porte Hospital soon to be known as Indiana University Health La Porte Hospital.

Located at the southwest corner of the intersection of I-35 (Pine Lake
Avenue/Perry Street)/S.R. 39 just off the big bridge in Downtown La Porte. Less than ½ mile north of S.R. 2, 3 ½ miles south of the I-80 Indiana Toll Road, 9 miles south of I-94.

Highlights

  • Investment Opportunity or owner-user potential!
  • 2 of 4 units currently leased to Chicago Title and Curves.
  • Well maintained, like new condition available units ready to finish to suit, currently vanilla box.
  • Ideal location for professional, retail or medical uses!
  • Less than ½ mile northwest of S.R. 2, 3 ½ miles south east of the I-80 Indiana Toll Road, 9 miles south of I-94. Close to downtown LaPorte.
  • Ample 48 car parking with for the entire building on both front and rear.

Research

408 Perry Street, La Porte, IN 46350 (LaPorte County)

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