6826 Madison Ave - Medical FOR SALE


Indianapolis, IN 46227
$3,439,000 USD
805-630-7559
6826 Madison Ave, Indianapolis, IN for Sale
$3,439,000 USD
Medical - FOR SALE
1/5
null | 6% Cap Rate

6826 Madison Ave
Indianapolis, IN 46227


HIGHLIGHTS

  • Investment-grade tenant: “BBB” rated - Fresenius - Leading dialysis provider globally with 4,000+ clinics worldwide
  • This Facility is open 6 days/week, indicating strong performance - Tenant has operated at this site since 2017
  • Outparcel to Dollar General-anchored center
  • Direct frontage to primary Madison Ave thoroughfare — 21,000+ VPD
  • Multiple senior housing complexes nearby
  • New $18M Apartment Development East of Property - 93 Units

OVERVIEW

Century Partners is pleased to present the opportunity to acquire a Fresenius Medical Care center located in the Southport submarket of Indianapolis, Indiana. The property is located outparcel to a Dollar General-anchored center, and benefits from direct frontage to Madison Ave, a major thoroughfare in the submarket, 21,000+ VPD passing daily. The property benefits from multiple senior housing complexes within a 1-mile radius. Fresenius is a eading dialysis provider globally with 4,000+ clinics worldwide and is rated Investment-grade tenant: “BBB” rated by S&P. Tenant has operated at this site since 2017, and the facility is open 6 days/week, indicating strong performance. Indianapolis has a job growth rate of 2.9% from 2021 to 2024, surpassing the state average of 2.0%. Indiana has seen a 6% population growth over the last 10 years. Marketed in Association with Scott Reid & ParaSell, Inc. | A Licensed Indiana Broker #RC51900187

FOR SALE DETAILS

PRICE

$3,439,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Medical Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

ZO01

APN/PARCEL ID

49-15-07-154-009.000-500

ASK ABOUT THIS PROPERTY

Aaron GarciaCentury Partners Real Estate Inc.More Info
805-630-7559

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Aaron GarciaCentury Partners Real Estate Inc.More Info
805-630-7559

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