List Search

1732 W North St
Kendallville, IN 46755

Price Upon Request

Freestanding For Sale  •  3,726 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,726 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2022
  • Tenancy Single
0 Transit Score
27 Walk Score

Highlights

Newer Medical (2022) Construction, State-of-the-Art Fast Pace Urgent Care Location: Long-Term, NNN Lease with Approx. 13.5 Years of Term Remaining
Multiple 10% Rental Increases, Offering Continual Income Growth & Taking the CAP Rate to 7.21% by Year 2027 and 7.93% CAP in Year 2032
No Daily Management Responsibilities: Tenant Responsible for All Daily Mgmt, Real Estate Taxes & Insurance w/ Growing National Tenant (275+ Location
Corporately Backed, Single-Tenant Location with Sought-After Well-Known National Tenant (275+ Current Locations in 6 States)
Growing Community Targeted Medical Necessity: Ideal Demographics: Average Household Incomes of Approximately $93,000 Within a 1-Mile Radius

Major Tenants

Tenant SF Occupied Lease End Date
Fast Pace Health Urgent Care 3,726 SF 4/1/2038

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Security System
  • Signage
  • Wheelchair Accessible
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Fort Wayne International 61 min - 41.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes