7501 W 15th Ave - Medical FOR SALE
Gary, IN 46406 |
7501 W 15th Ave
Gary, IN 46406
HIGHLIGHTS
- Concentra paid ~$5M to acquire the business & its equipment in 2021 reflecting a significant investment into the location
- Lease is executed by Concentra’s corporate entity, which is owned by Select Medical (NYSE: SEM)
- 2023 Revenues & EBITDA increased vs. 2022 - $1.8B revenue, $400M+ in EBITDA
- 4th highest trafficked Concentra location in Indiana per Placer.ai
- Site is strategically located off the freeway to accommodate their large client base of trucking, industrial, and corporate contract clients
- The facility has 9 exam rooms and one triage operating room for the Orthopedic Hand Specialist on site
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Concentra Urgent Care
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
16696
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.11 AC AC
LAND SF
48,352 SF
ZONING
-
APN/PARCEL ID
45-07-11-301-031.000-004,45-07-11-301-039.000-004,45-07-11-301-046.000-004
