1108 E Summit St | Crown Point, IN 46307
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- LoopNet Team
1108 E Summit St
Crown Point, IN 46307
9 Years - 6.50% Cap - Dental · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Healthcare Real Estate — Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce.
- Long Term Investment — Over 9 years left on an original 10 year lease. 3% rental increases starting in the 6th year to hedge against inflation.
- Consistent Growth Market – The population of Crown Point grew by over 14% since 2010 and is projected to steadily increase annually.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
4,800 SF
Building Class
C
Year Built
1972
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.09
Lot Size
1.23 AC
PROPERTY TAXES
| Parcel Number | 45-16-04-153-016.000-042 | Improvements Assessment | $142,900 |
| Land Assessment | $202,800 | Total Assessment | $345,700 |
PROPERTY TAXES
Parcel Number
45-16-04-153-016.000-042
Land Assessment
$202,800
Improvements Assessment
$142,900
Total Assessment
$345,700
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