8727 E Washington St - Freestanding FOR SALE


Indianapolis, IN 46219- Raymond Park
$1,937,150 USD
214-838-1111
8727 E Washington St, Indianapolis, IN for Sale
$1,937,150 USD
Freestanding - FOR SALE
1/3
null | 8.5% Cap Rate

8727 E Washington St
Indianapolis, IN 46219
Raymond Park


HIGHLIGHTS

  • ±19,440 SF plasma collection facility with significant tenant investment in buildout
  • Current rent well below comparable medical market rates
  • Long-term occupancy since 2014 — over a decade of demonstrated commitment
  • FDA-regulated operations with extensive licensing requirements limit new supply
  • Property extensively renovated for plasma operations prior to occupancy
  • Mission-critical real estate requiring specialized improvements and regulatory compliance

OVERVIEW

Octapharma Plasma is one of the largest plasma collection networks in the United States and serves as a critical component of the vertically integrated operations of Octapharma AG, a global healthcare company specializing in plasma-derived therapies. Backed by a well-established international parent organization with a strong presence in hematology, immunotherapy, and critical care, Octapharma Plasma benefits from significant operational scale, long-term industry demand drivers, and a mission-critical role in the production of life-saving medicines. The company's plasma donation centers provide an essential healthcare service while generating consistent customer traffic through a recurring donor base. Indianapolis serves as the economic and healthcare hub of Central Indiana, supporting one of the Midwest's largest concentrations of medical, life sciences, and healthcare employment. The city benefits from a diversified economy anchored by healthcare systems, pharmaceutical manufacturing, logistics, advanced manufacturing, and professional services. Strong population stability, a growing suburban workforce, and a favorable cost of living continue to attract employers and residents throughout the metropolitan area. The East Washington Street corridor, located within Indianapolis' east side submarket, provides convenient access to dense residential neighborhoods, Interstate 465, and major healthcare providers serving Marion County and surrounding communities. Healthcare demand in Indianapolis is supported by a substantial aging population, continued regional population growth, and nationally recognized medical institutions. The area is home to major healthcare networks including Indiana University Health, Community Health Network, Ascension St. Vincent, and Eskenazi Health, creating a significant employment base and sustained demand for outpatient facilities. Kyle Matthews License # RB17001213, RC52200195 (IN) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,937,150 USD

PRICE/SF

$100 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Octapharma Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

4.95 AC

LAND SF

215,622 SF

ZONING

C5

APN/PARCEL ID

49-09-06-103-018.000-700

ASK ABOUT THIS PROPERTY

Ty BaumgartnerMatthews Real Estate Investment ServicesMore Info
214-838-1111

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

Ty BaumgartnerMatthews Real Estate Investment ServicesMore Info
214-838-1111

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