2007 N Capitol Ave - Medical FOR SALE


Indianapolis, IN 46202- Near Northside
$5,715,000 USD
317-757-9205
2007 N Capitol Ave, Indianapolis, IN for Sale
$5,715,000 USD
Medical - FOR SALE
1/14
null | 7% Cap Rate

2007 N Capitol Ave
Indianapolis, IN 46202
Near Northside


HIGHLIGHTS

  • Ambulatory surgery center featuring extensive on-site equipment including radiographic imaging and fully equipped operating rooms.
  • Situated next to IU Health’s downtown campus, offering strong demographics and high traffic counts.
  • 4.7/1,000 Parking Ratio
  • The only independent surgery center in Indianapolis.

OVERVIEW

This premier surgery center is the only independent surgery center in Indianapolis. The property is strategically located on the northeast corner of N Capitol Avenue and W 20th Street, placing it across the street from Indiana University Health’s campus. The property's unparalleled access to major thoroughfares, along with its close proximity to healthcare facilities, retail centers, and interstate highways, offers exceptional convenience for both doctors and patients. Encompassing approximately 10,000 square feet, this independent Surgery Center is fully occupied by Capitol Street Surgery Center LLC whose surgical specialties are ambulatory in nature. This opportunity boats optimal return potential with a 15-year leaseback upon completion of the sale, making it a strategic acquisition for investors seeking a recession resistant asset with a long-term stabilized NOI.

FOR SALE DETAILS

PRICE

$5,715,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Surgery Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

HD2

APN/PARCEL ID

49-06-35-103-001.000-101,49-06-35-103-002.000-101,49-06-35-237-001.000-101

ASK ABOUT THIS PROPERTY

Matt CarrollALO Property GroupMore Info
317-757-9205

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Matt CarrollALO Property GroupMore Info
317-757-9205

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