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Informations principales sur l'investissement
- Long-term net lease structure
- Corporate healthcare tenant
- Three (3) additional 3-year renewal options
- 2% annual rent increases
- Limited landlord responsibilities
Résumé analytique
Latitude Commercial is pleased to present the opportunity to acquire a single-tenant net leased investment occupied by Help at Home, LLC, a leading provider of home healthcare services. The property is strategically located along S. Michigan Street in South Bend, Indiana, offering strong visibility and accessibility within a well-established commercial corridor. The tenant is operating under a long-term lease with an initial 8-year term (96 months) and three (3) additional 3-year renewal options, providing potential long-term income stability. The lease features 2% annual rental escalations, delivering built-in NOI growth over time. This is structured as a Triple Net (NNN) lease, with the tenant responsible for: -Real estate taxes -Insurance -Common area maintenance (CAM) -Utilities -Interior maintenance and repairs Landlord responsibilities are limited primarily to structural components, including the roof, foundation, and load-bearing structural elements, creating a favorable passive investment profile.
South Bend is a city in St. Joseph County, Indiana, United States, and its county seat. It lies along the St. Joseph River near its southernmost bend, from which it derives its name. It is the fourth-most populous city in Indiana with a population of 103,453 at the 2020 census. Located directly south of Indiana's northern border with Michigan, South Bend anchors the broader Michiana region. Its metropolitan area had a population of 324,501 in 2020, while its combined statistical area had 812,199 residents.
South Bend is a city in St. Joseph County, Indiana, United States, and its county seat. It lies along the St. Joseph River near its southernmost bend, from which it derives its name. It is the fourth-most populous city in Indiana with a population of 103,453 at the 2020 census. Located directly south of Indiana's northern border with Michigan, South Bend anchors the broader Michiana region. Its metropolitan area had a population of 324,501 in 2020, while its combined statistical area had 812,199 residents.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
551 m²
Classe d’immeuble
B
Année de construction
2007
Prix
949 157 €
Prix par m²
1 721,71 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Dalle à dalle
2,44 m
Coefficient d’occupation des sols de l’immeuble
0,24
Surface du lot
0,23 ha
Zone de développement économique [USA]
Oui
Zonage
LB-Local Business
Stationnement
25 places (45,35 places par 1 000 m² loué)
Façade
Caractéristiques
- Ligne d’autobus
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 71-08-13-153-007.000-026 | Évaluation des aménagements | 494 338 € |
| Évaluation du terrain | 23 729 € | Évaluation totale | 518 067 € |
Taxes foncières
Numéro de parcelle
71-08-13-153-007.000-026
Évaluation du terrain
23 729 €
Évaluation des aménagements
494 338 €
Évaluation totale
518 067 €
1 sur 8
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
1201 S Michigan St
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