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Updated Medical Office Suite
New
For Lease
$24,600

1127 N Western Ave, Marion, IN 46952

Part-time leasing is available Tuesday through Friday, with utilities and property taxes included.

Space SizeContact for details
Days on Market5

Property Features for 1127 N Western Ave

General Information

Standard status Active
Listing Agency: The Wyman Group
Listed By: Paul Wyman · License #RB14023441
Source: Exprealty
Added: Oct 28 Changed: Oct 31 Last Checked: Nov 1 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wyman Group

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Investment Insights

Based on property information with market context.

This 2,520-square-foot medical office suite includes four exam rooms, a reception and waiting area, a private office, a kitchenette, three bathrooms, and substantial storage space. The building has been updated and has a newer roof. The current layout is configured for medical office use.

Leasing is available for three or four days per week, preferably Tuesday through Friday. Utilities and property taxes are included, and the tenant is responsible for cleaning.

Key Highlights

  • 2,520 square feet of office space
  • Four exam rooms, reception and waiting areas, and a private office
  • Kitchenette, three bathrooms, and a spacious storage area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

LabCorp Medical Laboratory Womens Health Care Physician DCL Medical Laboratories Medical Laboratory Exhale Therapy and Wellness ... Physician Jason Donald Gray, ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Law Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46952, IN

18,996
Population
8,832
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
105.5 sq mi
ZIP Area
180
Density / Sq Mi
$53,481
Median Household Income
$39,246
Median Earnings
$785
Median Rent
$129,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Part-time leasing is available Tuesday through Friday, with utilities and property taxes included.
Where is this medical office space located?
The property is located at 1127 N Western Ave Marion, IN.
What is the lease rate?
The lease rate is $24,600.
What are key features of this property?
This property features: 2,520 square feet of office space; Four exam rooms, reception and waiting areas, and a private office; Kitchenette, three bathrooms, and a spacious storage area
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