Healthcare O Indiana

Marcus & Millichap sells medical office property Northwest Indiana

Marcus & Millichap sells medical office property in Indiana,ph01

Marcus & Millichap closed the sale of a new construction 9,109-square-foot net-leased Fresenius Medical Care property in East Chicago, Indiana. The asset sold to an out-of-state buyer for more than $3.57 million.

Austin Weisenbeck and Sean Sharko in Marcus & Millichap’s Chicago Oak Brook office exclusively marketed the property on behalf of the seller and also represented the buyer. Josh Caruana assisted on the transaction as the broker of record in Indiana.

The property is located at 4016 Main St. on a signalized hard corner intersection. The new 15-year lease is backed by a corporate guarantee and comes with annual rental increases.