714-356-2682
1820 E 10th St, Jeffersonville, IN for Sale
Medical - FOR SALE
1/11
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1820 E 10th St
Jeffersonville, IN 47130


HIGHLIGHTS

  • 1 of 3 Investments - Can be purchased individually or as a portfolio (Spero - Hazard, KY / Spero - Owensboro, KY / and Spero - Jeffersonville, IN).
  • 100% Occupied & Corp Guaranteed - Spero Health is one of the largest office-based opioid treatment providers in the U.S., with 95+ locations.
  • Below Market Rent – Very replaceable rent and a low rent per square foot, this asset offers strong long-term value in a growing market.
  • NN Lease Structure – Minimal landlord responsibilities – Roof, Structure, and HVAC replacements that exceed over $1,500 in initial term only.
  • Recent Capital Improvements – Fully renovated in 2018 to meet the tenant’s specifications.
  • Prime Healthcare Location – Strategically positioned near Clark Memorial Health, a 241-bed acute care hospital serving Southern Indiana.

OVERVIEW

Cook Commercial Partners is pleased to present the Spero Health outpatient clinic in Jeffersonville, Indiana. This 4,523 square-foot, single-tenant facility was fully remodeled/retrofitted in 2018 to meet the tenant’s specifications. This investment opportunity features three years remaining on the initial 10-year lease term, with two additional five-year renewal options. The lease structure is NN, offering minimal landlord responsibilities, and is corporately guaranteed by Spero Health, Inc., a leading provider of outpatient addiction treatment. Spero Health is an integrated healthcare services organization specializing in local, affordable, and evidence-based treatment for individuals struggling with substance use disorder. With a strong commitment to community care and a growing national presence, Spero Health continues to expand its reach in the fight against the opioid epidemic.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C2

APN/PARCEL ID

10-21-01-000-245.000-010

ASK ABOUT THIS PROPERTY

Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

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Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.