6826 Madison Ave - Medical FOR SALE


Indianapolis, IN 46227- Homecroft
$3,175,000 USD
310-750-7175
6826 Madison Ave, Indianapolis, IN for Sale
$3,175,000 USD
Medical - FOR SALE
1/5
null | 6.57% Cap Rate

6826 Madison Ave
Indianapolis, IN 46227
Homecroft


HIGHLIGHTS

  • This Facility is open 6 days/week, indicating strong performance; Investment-grade tenant: “BBB” rated
  • Indianapolis has a job growth rate of 2.9% from 2021 to 2024, surpassing the state average of 2.0%
  • Outparcel to Dollar General-anchored center; Direct frontage to primary Madison Ave thoroughfare — 21,000+ VPD
  • New $18M Apartment Development East of Property - 93 Units; Multiple senior housing complexes nearby
  • Fresenius - Leading dialysis provider globally with 4,000+ clinics worldwide; Tenant has operated at this site since 2017
  • Indiana has seen a 6% population growth over the last 10 years

OVERVIEW

Century Partners Real Estate, Inc. is pleased to present an outstanding opportunity to acquire a single-tenant medical facility leased to Fresenius Medical Care, an investment-grade tenant rated “BBB” by S&P. The facility operates six days a week, underscoring strong patient demand and consistent performance. Located in Indianapolis, Indiana—where the population has grown 6% over the past decade and job growth has reached 2.9% from 2021 to 2024, outpacing the state average—this asset offers stable income in a thriving, demographically strong market.

FOR SALE DETAILS

PRICE

$3,175,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Medical Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

ZO01

APN/PARCEL ID

49-15-07-154-009.000-500

ASK ABOUT THIS PROPERTY

Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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