$4,888,889 USD
262-672-8388
711 E 38th St
Indianapolis, IN 46205
Mapleton Fall Creek
HIGHLIGHTS
- Backed by CVS Health acquired for $10.6 billion in 2023, providing significant financial backing
- Oak Street Health operates 230+ centers nationwide serving Medicare-eligible patients
- Mission-critical healthcare location serving densely populated urban trade area
- 12.4 years remaining with 10% rent increases every five years and two renewal options
- 6.75% cap rate with NNN lease structure providing passive, management light investment
- Growing Indianapolis MSA added 100,000+ residents since 2020
FOR SALE DETAILS
PRICE
$4,888,889 USD
PRICE/SF
$390 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Oak Street Health
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
-
APN/PARCEL ID
49-06-24-124-017.000-101
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262-672-8388
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262-672-8388
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