11496 Broadway - Office CONDO FOR SALE


Crown Point, IN 46307
$425,000 USD
219-795-1100
11496 Broadway, Crown Point, IN for Sale
$425,000 USD
Office CONDO - FOR SALE
1/27
null | Request Cap Rate

11496 Broadway
Crown Point, IN 46307


HIGHLIGHTS

  • FULLY LEASED! GREAT INVESTMENT OPPORTUNITY
  • MINUTES TO I-65/109TH AND OR I-65/S.R. 231 INTERCHANGES!
  • BROADWAY FRONTAGE!

OVERVIEW

This is a FULLY LEASED office condominium in the Chessington Pointe Professional Office Park! This is a great chance to invest in building #4 out of 5 in the complex. The property is a one-story brick office condo with 3 separate units. Unit A is fully leased. It offers 2,060 square feet and includes: a front office with a reception window, a break area, 4 offices or exam rooms, a large open space with big windows, a storage closet, and 2 bathrooms. Current tenants in Building #4 include Magnum International and Ameriprise Financial. Nearby buildings have tenants like APAC Centers for Pain, Surgical Center II, Allied Health, Edward James, CPA Financial, Brain/Spine Services, and others. The office has great visibility from Broadway, with over 10,600 cars passing by each day (based on 2024 INDOT traffic data). 2024 pay 2025 Taxes $7,325.36 ($3.55/SF). Annual POA $4,567.11 ($2.22/SF) Excellent location! Building 4 of the Chessington Pointe Professional Office Park is located at the corner of 114th and Broadway S.R. 53/Greenwood Drive in Crown Point. 1 ¼ miles southwest of I-65/109th Avenue interchange and 1 ¼ miles northwest of I-65/S.R. 231 interchange. Across from Caleb’s Corner anchored by Gelsosomo's Pizza and near Beacon Hill Shopping Center with anchoring tenants Strack and Van Til, Starbucks, Dunkin Donuts, Taco Bell, McDonalds, Buono Beef, Rainbow Cone, Texas Road House, Lakeshore Bone & Joint, University of Chicago Crown Point, Northwest Cancer Centers and so much more!

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

2,060 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

7.25 AC

LAND SF

315,810 SF

ZONING

B-2

APN/PARCEL ID

45-16-09-428-009.000-042

ASK ABOUT THIS PROPERTY

David LasserCommercial In-Sites LLCMore Info
219-795-1100

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David LasserCommercial In-Sites LLCMore Info
219-795-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.