1212 Professional Blvd - Medical FOR SALE


Evansville, IN 47714- East Evansville
$1,228,235 USD
818-510-3158
1212 Professional Blvd, Evansville, IN for Sale
$1,228,235 USD
Medical - FOR SALE
1/4
null | 8.5% Cap Rate

1212 Professional Blvd
Evansville, IN 47714
East Evansville


HIGHLIGHTS

  • NN+ Leases with Rent Growth: Providing investors predictable, inflation-hedged income and minimal management responsibilities.
  • Long-Standing Local Dermatology Practice: Dermatology Associates of Evansville has served the Tri-State region for over a decade.
  • The U.S. dental market is projected to grow from $162B in 2023 to $280B by 2032 (7.4% CAGR).
  • Defensive Healthcare Tenancy: Anchored by general dentistry and dermatology, two of the most resilient healthcare sectors
  • The dermatology market is expected to rise from $63B in 2023 to $128B by 2032 (7.3% CAGR).
  • Established, Institutionally Backed Dental Platform: P1 Dental Partners, a leading Midwest DPO, operates more than 60 practices across 5 states.

OVERVIEW

Broker of Record Kyle Matthews License # RC52200195 (IN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,228,235 USD

PRICE/SF

$219 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

P1 Dental Partners & Dermatology Associates

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

Commercial

APN/PARCEL ID

82-06-35-016-096.015-027

ASK ABOUT THIS PROPERTY

Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

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

Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

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