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800 W Burrell Dr - Franciscan OBGYN - Crown Point, IN 8,128 SF Health Care Building Offered at $2,684,024 CAD at a 8.75% Cap Rate in Crown Point, IN 46307
INVESTMENT HIGHLIGHTS
- In March 2025, Crown Point OBGYN merged with Franciscan, reinforcing the strength and stability of the practice and its physicians
- Crown Point’s population has grown from 33,998 in 2020 to 35,474 in 2025 — a 4.3% increase over five years
- Crown Point’s median household income stands at $114,038 — 1.4x higher than Indiana’s statewide median
- Franciscan Alliance operates one of the largest and most respected healthcare systems in the Midwest
- The lease is a Modified Gross Lease with 3% annual rent escalations. Tenant reimburses property taxes, insurance, and maintenance costs
- The practice has a 30+ year history and operates from a custom-built facility. It offers a wide range of in-office procedures
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the Franciscan OBGYN, located at 800 West Burrell Drive in Crown Point, IN. The property is secured by a Modified Gross Lease, under which the tenant is responsible for reimbursing all property taxes, insurance, and maintenance expenses. This structure provides investors with a truly passive, lowmanagement opportunity, delivering stable cash flow and a long-term investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 45-16-19-227-001.000-042 | Improvements Assessment | $1,082,511 CAD |
| Land Assessment | $435,272 CAD | Total Assessment | $1,517,783 CAD |
PROPERTY TAXES
Parcel Number
45-16-19-227-001.000-042
Land Assessment
$435,272 CAD
Improvements Assessment
$1,082,511 CAD
Total Assessment
$1,517,783 CAD
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800 W Burrell Dr - Franciscan OBGYN - Crown Point, IN
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