Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker is pleased to present for sale the Hopebridge Elkhart Medical Office Opportunity. Comprising approximately 12,000 square feet of newly renovated medical office space (the “Property”), Hopebridge, LLC (“Tenant”), a high-growth private-equity sponsored business operating within the vital healthcare and education sectors, wholly leases the building. The Property offers $124,300 in year 1 NOI and ten years of lease term upon the lease commencement date of August 1st, 2021. Situated down the road from Elkhart General Hospital and 2 blocks west of a dense commercial corridor, the location is highly desirable and is centrally located within the 53,000-person city. Hopebridge has carefully selected this new location to accommodate a growing backlog of interested patients, who have been unable to patronize existing Hopebridge centers in Indiana.
- Defensive medical office investment featuring a long-term lease with minimal landlord responsibilities
- Outstanding high-growth medical tenancy with PE-sponsored credit profile
- Brand-new expansion location necessitated by substantial demand in Indiana, a major growth state
- Strategically located downtown in the Elkhard Commercial Center, surrounded by local tenants
Broker of Record: Matt Waggoner (License #: RB14041760)