Lighthouse La Porte NNN Investment

2910 Monroe Street La Porte, IN 46350

2910 Monroe Street, La Porte, IN, 46350
2910 Monroe Street, La Porte, IN, 46350 2910 Monroe Street, La Porte, IN, 46350 2910 Monroe Street, La Porte, IN, 46350 2910 Monroe Street, La Porte, IN, 46350 2910 Monroe Street, La Porte, IN, 46350
FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,999,000
Last Verified:
Oct 22, 2024

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Highlights

  • 5,932 SF medical office building with significant upgrades in 2024
  • Single tenant occupied
  • Brand new 10-year lease
  • 3% Annual Escalations
  • Corporate Guarantee

Description

Presenting an exceptional investment opportunity at 2910 Monroe Street, La Porte, IN. This 5,932 SF medical office building offers investors a secure and reliable income stream with a brand new 10-year lease to Lighthouse Autism Therapy Center. With a mission focused on providing high-quality ABA therapy services to communities across the Midwest, Lighthouse Autism Center brings a strong and stable tenant to this property. This investment combines the appeal of a well-maintained property with the security of a long-term lease to a mission-driven tenant. Lighthouse has 23 locations in Indiana and continues to be one of the leading providers in the State of Indiana.

Situated in La Porte, IN (Chicago MSA), this growing community is known for its historic downtown area, providing a variety of local amenities and dining options. The area also boasts easy access to parks and outdoor recreational opportunities, ideal for taking a break or lunch away from the office. With close proximity to Pine Lake and Clear Lake, tenants can enjoy the picturesque natural surroundings. Nearby attractions such as the La Porte County Historical Society Museum and Washington Park Zoo offer cultural and educational experiences. This vibrant neighborhood provides an attractive setting for businesses looking for a mix of urban amenities and small-town appeal.

According to the 2020 census, La Porte has a total population of 22,241 people. La Porte is accessible from Chicago by the South Shore train line, which begins at Millennium Station and ends in Michigan City, Indiana, with several stops in between, including Chesterton and Hudson Lake, Indiana. Both are only a short drive from La Porte.


Year Built: 1995
Building Size: 5932sq ft
Building Class: B
Lot Size: 2.13 acres


Documents

Sale Brochure
Lease Brochure


Map of 2910 Monroe Street, La Porte, IN, 46350

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.