Investment Overview

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in single tenant net-leased Circle City ABA Autism Treatment Center located in Valparaiso, Indiana. Circle City ABA has 27 treatment centers located nationally, though their roots are in Indiana and the majority of their locations are in Indiana. Circle City is family owned and actively growing its national footprint. Circle City’s program brings together a team of experienced therapists who understand each individual child’s needs. The center offers a dynamic and welcoming playscape of group therapy rooms, playrooms, individual therapy rooms and bright, inviting workspaces. The program is geared to help autistic children grow and improve their communication, daily living and social skills through applied behavior analysis. Encumbered by an original 8-Year, double net lease, Circle City ABA currently has approximately 6.5 years of firm lease term remaining. In July of 2028, the rent increases 3% with annual rent increases following this cadence for the duration of the primary lease term. Option rents are undefined in the lease, providing a landlord with flexibility and leverage to grow the property’s income significantly at the end of the base term. Located in the heart of Valparaiso, Indiana, 501 Wall Street is positioned just off a primary retail corridor, within a dense medical office park. The building features brick construction with an interior that is both cheerful and functional. Valparaiso in particular and Northwest Indiana generally have become known for a robust healthcare infrastructure with a number of large hospitals dotting this submarket known locally as “The Region.” Offered for purchase at a 7.75% CAP Rate, this low price point, single tenant medical office asset can be purchased at approximately replacement cost in a location with compelling tailwinds