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200 3rd Ct SE
Demotte, IN 46310
NorthShore Health Centers · Office Property For Sale
Investment Highlights
- Tenant-Initiated Lease Extension - In October 2025, NorthShore Health Centers voluntarily converted its remaining renewal option into firm term
- Contractual Rent Growth - 2% annual rental increases throughout the remaining primary term and renewal option provide steadily growing income.
- Essential Healthcare Use - This location is a Federally Qualified Health Center offering primary care, behavioral health, OB/GYN, pediatrics, and ultr
Executive Summary
The Boulder Group is pleased to exclusively market for sale a single tenant net leased NorthShore Health Centers property located in DeMotte, Indiana. NorthShore Health Centers has operated at this location since January 2022, providing primary and family medical care to the surrounding community. The tenant recently extended its lease through December 2031, demonstrating a strong commitment to the location. The lease features 2% annual rental escalations throughout the remaining term, along with one 5-year renewal option.
The 8,920 square-foot building is located along US Route 231, which carries 13,000 vehicles per day. The property benefits from an established retail corridor, with national and regional retailers including Ace Hardware, CVS Pharmacy, Dairy Queen, Dollar General, Family Dollar, McDonald’s, O’Reilly Auto Parts, Pizza Hut, Scooter’s Coffee, and Taco Bell located nearby. DeMotte sits within Jasper County, one of the Indiana counties incorporated into the Chicago metropolitan area, giving the trade area access to the economic depth of greater Chicagoland. There are approximately 14,000 residents within five miles of the property, who maintain an average household income of approximately $100,000.
NorthShore Health Centers is a nonprofit Federally Qualified Health Center (FQHC) providing primary care, dental, behavioral health, women’s health, and pediatric services to communities across Northwest Indiana, regardless of a patient’s ability to pay. The organization operates more than ten locations across Lake, Porter, LaPorte, and Jasper Counties, including the subject property, and has continued to expand its footprint to meet growing demand for accessible community healthcare.
The 8,920 square-foot building is located along US Route 231, which carries 13,000 vehicles per day. The property benefits from an established retail corridor, with national and regional retailers including Ace Hardware, CVS Pharmacy, Dairy Queen, Dollar General, Family Dollar, McDonald’s, O’Reilly Auto Parts, Pizza Hut, Scooter’s Coffee, and Taco Bell located nearby. DeMotte sits within Jasper County, one of the Indiana counties incorporated into the Chicago metropolitan area, giving the trade area access to the economic depth of greater Chicagoland. There are approximately 14,000 residents within five miles of the property, who maintain an average household income of approximately $100,000.
NorthShore Health Centers is a nonprofit Federally Qualified Health Center (FQHC) providing primary care, dental, behavioral health, women’s health, and pediatric services to communities across Northwest Indiana, regardless of a patient’s ability to pay. The organization operates more than ten locations across Lake, Porter, LaPorte, and Jasper Counties, including the subject property, and has continued to expand its footprint to meet growing demand for accessible community healthcare.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,920 SF
Building Class
B
Year Built
2010
Price
$2,132,014
Price Per SF
$239.02
Cap Rate
7.25%
NOI
$154,571
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,920 SF
Building FAR
0.25
Lot Size
0.83 AC
Zoning
BUFF
Parking
87 Spaces (9.75 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 37-15-26-000-157.000-025 | Improvements Assessment | $1,078,800 |
| Land Assessment | $209,500 | Total Assessment | $1,288,300 |
Property Taxes
Parcel Number
37-15-26-000-157.000-025
Land Assessment
$209,500
Improvements Assessment
$1,078,800
Total Assessment
$1,288,300
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