Established Medical Office in Northwest Indiana
Sold
1101 Glendale Blvd.
Valparaiso, IN 46383
30,073 SF
Medical Office
The Details
- 30,073 SF medical office
- 21,443 SF original building
- 8,630 SF expansion, completed in 2007
- Currently 85% occupied
- 3 vacant units are built-out
- Well established medical location
- Scheduled NOI (2014): $447,660
- Ample patient parking
- Land Area: 3.68 acres
- Zoning: CG, commercial general
- Taxes (2012): $56,510
The Glendale Medical Center is a 30,073 square foot multi-tenant medical office centrally located between Valparaiso University and Porter Regional Hospital. The center consists of two separate buildings, a 21,443 square foot office that was built in 1985 and the 8,630 square foot expansion was completed in 2007. The offices are currently 85% leased.
Valparaiso is a city of 31,730 residents located in northwestern Indiana. The city is home to several colleges and medical campuses. Porter Regional Hospital, a tenant at Glendale Medical Center, recently expanded its main campus.