2311 N State Road 3 Byp - Freestanding FOR SALE


Greensburg, IN 47240
$1,110,000 USD
317-218-5316
2311 N State Road 3 Byp, Greensburg, IN for Sale
$1,110,000 USD
Freestanding - FOR SALE
1/2
null | 7.85% Cap Rate

2311 N State Road 3 Byp
Greensburg, IN 47240


HIGHLIGHTS

  • 100% Occupied Two-Tenant Investment
  • Annual Rental Increases
  • Minimal Landlord Responsibilities
  • Directly Off I-74 & Along Main Retail Corridor

OVERVIEW

The Klink Group of Marcus & Millichap, as exclusive advisor, is pleased to present for sale the Access Medical Center, a two-tenant, net-leased medical/retail building located in Greensburg, Indiana. The Access Medical Center is a 100 percent occupied, two-tenant retail investment opportunity located directly off Interstate 74 along Greensburg’s primary retail corridor, Indiana State Road 3. The property features an 8,320-square-foot building leased to Access Medical Clinic and Kingdon Dugout under net lease structures with annual rental increases and minimal landlord responsibilities, limited primarily to taxes, insurance, and roof/structure. Positioned within a dominant retail trade area surrounded by national retailers including Walmart, Starbucks, Marshalls, and Rural King, the asset benefits from strong visibility, traffic counts of approximately 18,000 vehicles-per-day, and Greensburg’s growing economic base driven by Honda Manufacturing and continued industrial expansion throughout southeast Indiana.

FOR SALE DETAILS

PRICE

$1,110,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Access Medical Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,592 SF

ZONING

Commercial

APN/PARCEL ID

16-06-35-140-001.020-016

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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