315 200 N - Office FOR SALE


Warsaw, IN 46582
$7,030,000 USD
918-269-6093
315 200 N, Warsaw, IN for Sale
$7,030,000 USD
Office - FOR SALE
1/1
null | 6.5% Cap Rate

315 200 N
Warsaw, IN 46582


HIGHLIGHTS

  • ATTRACTIVE NNN LEASE STRUCTURE
  • STRONG OPERATING PARTNERSHIP (ONE & PARKVIEW HEALTH)
  • STRATEGICALLY POSITIONED IN MEDICAL HUB
  • ORTHOPEDIC CAPITAL OF THE WORLD
  • DOMINANT ORTHOPEDIC PROVIDER IN MARKET
  • STRONG OCCUPANCY IN IMMEDIATE MARKET

OVERVIEW

Northmarq National Healthcare Group is pleased to exclusively offer the opportunity to acquire the leasehold interest in a newly developed medical office building that is fully leased by Orthopaedics Northeast ("ONE"). Orthopaedics Northeast will be offering a wide-range of specialty orthopedic services in the Property. The Property features a brandnew, 15-year NNN lease with attractive 2.50% annual rental increases along with 2, 5-year renewal options. Orthopedics Northeast is one of the largest and most experienced specialty orthopedic providers in the region and also benefits from an operating partnership with Parkview Health, which has a credit rating of Aa3 from Moody's. This contractual operating partnership spans across the entire Northeast Indiana market and is not just for the Property.

FOR SALE DETAILS

PRICE

$7,030,000 USD

PRICE/SF

$707 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orthopaedics Northeast (ONE)

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff MatulisNorthmarqMore Info
918-269-6093

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Jeff MatulisNorthmarqMore Info
918-269-6093

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