2500 Parkway Dr - Medical FOR SALE


Shelbyville, IN 46176
$1,190,000 USD
317-410-8788
2500 Parkway Dr, Shelbyville, IN for Sale
$1,190,000 USD
Medical - FOR SALE
1/11
null | 9.07% Cap Rate

2500 Parkway Dr
Shelbyville, IN 46176


HIGHLIGHTS

  • Provides essential healthcare services to Shelbyville's community of approximately 20,000 residents
  • A 5,940 square foot medical office tailored specifically for dialysis treatment, emphasizing optimal functionality and patient comfort
  • Global leader in kidney dialysis services, ensuring a reliable income stream with a long-term commitment to the property
  • Strategically positioned with easy access to Interstate 74, ensuring convenient connectivity to Indianapolis and surrounding suburbs
  • Investment opportunity in Shelbyville's healthcare real estate market, offering investors predictable cash flow and potential for future appreciation
  • Supported by a diverse economy including manufacturing, healthcare, and logistics industries, enhancing long-term market stability

OVERVIEW

The DiSalvo | Bender | Nulf Group of Marcus & Millichap is pleased to present to market available for sale the Fresenius Dialysis Center – a fully-occupied 5,940 square foot, single-tenant medical office building located at 2500 Parkway Drive, Shelbyville, IN. This specialized medical facility was a 2004 build-to-suit for Fresenius Medical Care, a leading provider of kidney dialysis services, ensuring a stable and essential healthcare tenant. Market: The Fresenius Dialysis Center is strategically located in Shelbyville, IN, within the Indianapolis Metropolitan Statistical Area (MSA). Shelbyville boasts a population of approximately 20,000 residents and supports a diverse economy bolstered by manufacturing, healthcare, and logistics industries. The property's location offers easy access to major transportation routes, facilitating convenient patient access and logistical efficiency. Investment Opportunity: The Fresenius Dialysis Center represents a compelling investment opportunity within the Shelbyville healthcare real estate market. With a secure lease to a reputable tenant like Fresenius, investors benefit from a low-risk investment with predictable cash flow. The property's specialized medical use and strategic location enhance its long-term viability and potential for future appreciation. WHY FRESENIUS DIALYSIS CENTER? Investors seeking a stable income-producing asset in the healthcare sector will find the Fresenius Dialysis Center an attractive opportunity. The property's essential healthcare tenant, coupled with its strategic location and purpose-built design, positions it as a valuable addition to any investment portfolio. This offering provides investors with the security of a long-term lease and the potential for continued demand in the healthcare services sector, making it an ideal choice for discerning investors looking for stability and growth. Stable Current Tenant Mix: The property is leased to Fresenius Medical Care, a global healthcare leader specializing in kidney dialysis services. Fresenius' long-term lease commitment underscores the property's critical role in providing essential healthcare services to the community. The facility operates at maximum capacity over 12 operating stations on a full 3-shift schedule, six days a week. This stability offers investors a reliable income stream with minimal management responsibilities. Location: Positioned on Parkway Drive, the property enjoys prominent visibility and accessibility, with quick access to Interstate 74 for seamless connectivity to downtown Indianapolis and surrounding suburbs. This central location enhances convenience for patients requiring regular medical visits Property Features: The Fresenius Dialysis Center features a purpose-built design tailored to medical operations, ensuring optimal functionality and patient comfort. The property includes dedicated onsite parking, which is crucial for accommodating patients and staff. The facility's layout is specifically configured to support the specialized requirements of dialysis treatment, underscoring its suitability for healthcare operations.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

9.07%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Dialysis Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

BG

APN/PARCEL ID

73-11-03-300-001.000-002

ASK ABOUT THIS PROPERTY

Joseph DiSalvoMarcus & MillichapMore Info
317-410-8788

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Joseph DiSalvoMarcus & MillichapMore Info
317-410-8788

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