3777 Haley Dr - Medical FOR SALE


Newburgh, IN 47630
$860,000 USD
812-499-8770
3777 Haley Dr, Newburgh, IN for Sale
$860,000 USD
Medical - FOR SALE
1/5
null | 7.27% Cap Rate

3777 Haley Dr
Newburgh, IN 47630


HIGHLIGHTS

  • Significantly below replacement cost with stable cash flow
  • Below market NNN rent
  • Prime visibility off State Road 261
  • Roof replaced in 2023

OVERVIEW

Presenting an exceptional investment opportunity at 3777 Haley Drive, Newburgh, IN. This asset is being offered well below replacement cost with stable cash flow and at NNN rent significantly below market. This 14,796 SF office building is strategically located with excellent visibility off State Road 261. Zoned C-4 and fully occupied, this single tenant property features a sticky tenant with a 7+ year renewal signed in 2024. Don't miss out on this prime asset in the desirable Newburgh area.

FOR SALE DETAILS

PRICE

$860,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

7.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

C-4

APN/PARCEL ID

87-12-23-303-006.000-019

ASK ABOUT THIS PROPERTY

Matt KieferSVN | The Martin GroupMore Info
812-499-8770

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Matt KieferSVN | The Martin GroupMore Info
812-499-8770

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