2030 W Boulevard - Medical FOR SALE


Kokomo, IN 46902
$1,201,246 USD
248-432-3215
2030 W Boulevard, Kokomo, IN for Sale
$1,201,246 USD
Medical - FOR SALE
1/3
null | 8.1% Cap Rate

2030 W Boulevard
Kokomo, IN 46902


OVERVIEW

Ryan Reid and Pete Hensoldt from Q10| Lutz Investment Sales are pleased to offer for sale the fee-simple interest in 7,534 square foot medical office building in Kokomo Indiana. The building is on .95-acre parcel of land and is currently 100% occupied by Ascension. The lease is triple net with the operating expenses, insurance, real estate taxes covered by the tenant. This property offers a unique investment opportunity for buyers seeking a stable and reliable income stream with a long-term tenant in place. Ascension has recently extended for 3 years and their lease currently goes through 2/2/2028.

FOR SALE DETAILS

PRICE

$1,201,246 USD

PRICE/SF

$159 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,447 SF

ZONING

C-2

APN/PARCEL ID

34-09-02-300-062.000-002

ASK ABOUT THIS PROPERTY

Ryan ReidQ10 | Lutz FinancialMore Info
248-432-3215

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Ryan ReidQ10 | Lutz FinancialMore Info
248-432-3215

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