201 E South St - Medical FOR SALE


Markle, IN 46770
$1,130,000 USD
317-410-8788
201 E South St, Markle, IN for Sale
$1,130,000 USD
Medical - FOR SALE
1/18
null | 8.5% Cap Rate

201 E South St
Markle, IN 46770


HIGHLIGHTS

  • Long-term NNN lease structure with healthcare tenant
  • Tenant provides essential outpatient and community-based medical services
  • Strategic location with access to Fort Wayne healthcare network
  • Stable demand driven by regional population and limited local supply of medical services

OVERVIEW

The DiSalvo Group of Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant net lease medical property located in Markle, Indiana, within the Fort Wayne Metropolitan Statistical Area. The subject property is leased to an established healthcare provider serving the Northeast Indiana region, offering essential outpatient and community-based medical services. This well-located facility supports ongoing patient demand within Markle and the surrounding rural and suburban communities, providing critical access to care in a market with limited healthcare supply. The tenant has demonstrated commitment to the location through continued operations and investment in the facility, positioning the asset as a stable, long-term investment within the healthcare real estate sector. Market: Markle, Indiana is located within the Fort Wayne MSA, a regional economic hub known for its strong healthcare, manufacturing, and logistics sectors. The market benefits from proximity to major healthcare systems including Parkview Health and Lutheran Health Network, which anchor regional medical services and employment. The surrounding area is characterized by a mix of residential communities, small businesses, and agricultural uses, creating consistent demand for accessible healthcare services. As healthcare providers continue to expand into secondary markets, locations like Markle play a key role in delivering outpatient and specialty care closer to patient populations. Location: The property is strategically located at 201 E South St in Markle, Indiana, with convenient access to Interstate 69, providing connectivity to Fort Wayne and surrounding communities. Markle is situated approximately 20–25 minutes southwest of Fort Wayne, allowing the tenant to serve both local residents and patients traveling from nearby markets. The location offers strong accessibility via local roadways and regional corridors, supporting patient convenience and operational efficiency. Its positioning within a smaller community enhances visibility and accessibility while benefiting from proximity to a larger metropolitan healthcare network. Why Meridian Health Services? - Long-term NNN lease structure with healthcare tenant - Tenant provides essential outpatient and community based medical services - Strategic location with access to Fort Wayne healthcare network - Stable demand driven by regional population and limited local supply of medical services SINGLE-TENANT NET LEASE MEDICAL ASSET - Long-term NNN lease structure with healthcare tenant - Tenant provides essential outpatient and community-based medical services - Strategic location with access to Fort Wayne healthcare network - Stable demand driven by regional population and limited local supply of medical services INVESTMENT HIGHLIGHTS - Single-Tenant Net Lease Medical Asset providing passive ownership - Long-term lease structure with minimal landlord responsibilities (NNN) - Tenant operates within a recession-resistant healthcare sector - Property serves as a critical access point for local and regional patient populations MARKET & LOCATION HIGHLIGHTS - Located within the Fort Wayne MSA, a strong regional healthcare hub - Proximity to I-69 and Fort Wayne (˜20–25 minutes) - Stable, predictable income with limited volatility compared to traditional office assets - Positioned within a supply-constrained secondary market for medical services

FOR SALE DETAILS

PRICE

$1,130,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meridian Health Services

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

Medical

APN/PARCEL ID

0131015806,90-04-06-200-023.000-017

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 Notice.