5406 S Emerson Ave - Medical FOR SALE


Indianapolis, IN 46237- South Emerson
$1,780,000 USD
317-446-4433
5406 S Emerson Ave, Indianapolis, IN for Sale
$1,780,000 USD
Medical - FOR SALE
1/5
null | 7.6% Cap Rate

5406 S Emerson Ave
Indianapolis, IN 46237
South Emerson


HIGHLIGHTS

  • Long Term Sale-Leaseback
  • Built in 2010
  • Extra Parking Area

OVERVIEW

Terra Real Estate is proud to bring to market a 7,600 SF Sale-Leaseback opportunity on the South East side of Indianapolis near Emerson. The property was built by Hadley Family Dentistry in 2010 and they have fully occupied the building as a single tenant since. The offering is located less than 1-mile from I-465 and I-65. The property also has direct access from both Shelbyville Rd (9,911 AADT) and Emerson Ave (22,317 AADT). With over 20 years in business, Hadley Family Dentistry is run by a strong team of operators and continues to expand.

FOR SALE DETAILS

PRICE

$1,780,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

Commercial

APN/PARCEL ID

49-15-04-116-031.000-500

ASK ABOUT THIS PROPERTY

Mike ColeTerra Real EstateMore Info
317-446-4433

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Mike ColeTerra Real EstateMore Info
317-446-4433

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