1108 E Summit St - Medical FOR SALE
Crown Point, IN 46307 |
$1,131,902 USD
773-219-0964
1108 E Summit St
Crown Point, IN 46307
HIGHLIGHTS
- Best-in-class Tenant – P1 Dental Partners is one of the largest DSOs in the country with 50+ locations across the country.
- Recession-Resistant Asset – Healthcare real estate remains a highly sought-after investment due to its stability, strong tenant retention
- Scheduled Rental Increases – 3% annual rental increases provide a future owner a boost in cash flow and return on their investment
- Streamlined Expansion – P1 Dental Partners expands by acquiring existing practices that are already established within the community.
- Strategic Healthcare Location – The property is located less than 4 miles from major hospitals including Franciscan Health and Pinnacle.
- Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
FOR SALE DETAILS
PRICE
$1,131,902 USD
PRICE/SF
$236 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
P1 Dental Partners
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Bank, Drug Store, Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.23 AC
LAND SF
53,579 SF
ZONING
-
APN/PARCEL ID
45-16-04-153-016.000-042
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
773-219-0964
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
773-219-0964
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
