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200 3rd Ct SE
Demotte, IN 46310

$2,132,014 USD

Medical For Sale  •  8,920 SF

Property Details

  • Property Type Medical
  • Total Building Size 8,920 SF
  • Lot Size 0.83 AC
  • Building Class B
  • Year Built 2010
  • Cap Rate 7.25 %
  • Tenancy Single
  • Zoning BUFF
40 Walk Score

Highlights

Tenant-Initiated Lease Extension - In October 2025, NorthShore Health Centers voluntarily converted its remaining renewal option into firm term
Essential Healthcare Use - This location is a Federally Qualified Health Center offering primary care, behavioral health, OB/GYN, pediatrics, and ultr
Contractual Rent Growth - 2% annual rental increases throughout the remaining primary term and renewal option provide steadily growing income.

Property Flyers

Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
North Shore Health 12/31/2031

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 87
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group