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7501 W 15th Ave
Gary, IN 46406
Concentra Urgent Care · Office Property For Sale
Investment Highlights
- Rents are significantly under market at $11.13 PSF/YR which improves the likelihood of a renewal at the option period
- Lease is guaranteed by Concentra’s corporate entity, Concentra Health Services, Inc., providing security against default
- Concentra benefits from Gary, Indiana’s, large workforce as it is a market leader in the occupational health sector
- 8+ years remaining in the base term of the lease with two, 5-year options to extend
- 2nd highest trafficked Concentra location in Indiana per Placer.ai
- Ideal residential demographics – 187,371 residents and an average household income of $60,676 within a 5-mile radius of the subject property
Property Facts
Property Type
Office
Property Subtype
Building Size
16,696 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,696 SF
Building FAR
0.35
Lot Size
1.11 AC
Zoning
442 Com Medical
Parking
54 Spaces (0 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,249,300 | |
| Land Assessment | $61,200 | Total Assessment | $2,310,500 |
Property Taxes
Parcel Numbers
Land Assessment
$61,200
Improvements Assessment
$2,249,300
Total Assessment
$2,310,500
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