1178 Fremont CtElkhart, IN 46516
- Office properties
- 6,000 SF
Property Details for 1178 Fremont Ct
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 1.63 AC
- Property size (Sq ft)
- 6,000 SF
- Zone code
- ZO01
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 20-06-12-476-008.000-011
- APU
- 200612476008000011
Description
Exceptional sublease opportunity in Elkhart County awaits a new tenant. This 3,500 square foot space, part of a 5,500 square foot, two-tenant building, offers 19 individual rooms and a 500 square foot upper-level conference room. The current lease runs until July 31, 2026, but the landlord is open to negotiating a longer-term agreement. The space boasts an open lobby area and ample room for staff, making it ideal for a variety of businesses. The building is conveniently located off CR 17, providing excellent visibility and signage opportunities. This is a traditional office space suitable for medical practices as well. All utilities, snow removal, taxes, insurance, and HVAC maintenance are covered by the landlord; the tenant reimburses an estimated $7.48 per square foot monthly. The co-tenant is Heart to Heart Hospice. This versatile space presents numerous possibilities for a discerning business seeking a move-in ready location with excellent amenities. The property is situated in Elkhart County and has a cross street of Verdant Dr. This is a rare opportunity to secure a well-maintained, fully-serviced office space in a prime location. Don't miss out on this chance to establish your business in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,128,486
- 6.5%
- $1,041,679
- 7%
- $967,274
-
Comparable approach
- Method
- Valuation
- Relative Method
- $781,500
- Geo Method
- $781,500
-
Alternative Use
- Use
- Valuation
- Residential
- $1,291,682
- Hospitality
- $1,183,174
- Educational
- $984,387
- Medical
- $1,018,242
- Retail
- $1,531,269
Location Insight
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Latitude
- 41.6716
- Longitude
- -85.8895
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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