4311 Old Indiana 261 Newburgh, IN
Two-tenant medical center in Newburgh, Indiana for sale.
Property size:
12,172 SFLot size:
3.18 AcresProperty Features for 4311 Old Indiana 261
General Information
- Size
- 12,172 SF
- Lot size
- 3.18 Acres
Source:
Moodyscre
Listing Agent: Richard A. Clements
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Medical Center Investment Opportunity
This property offers the opportunity to acquire a fee simple interest in a two-tenant medical center located in Newburgh, Indiana, part of the Evansville MSA. The building has 12,172 square feet of leasable area. DaVita Dialysis occupies approximately 9,672 square feet. The remaining space is occupied by a wellness center. The weighted average lease term (WALT) is 5.05 years, and both tenants have multiple five-year renewal options. The leases include annual rental increases of 3%. DaVita Dialysis, founded in 1994, is a major provider of kidney care in the U.S.
Location Intelligence
Current Use by Public Records
Medical offices
Map
- City
- Newburgh
- County
- Warrick
- State
- Indiana
- Longitude
- -87.41
- Latitude
- 37.94
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FAQs
What type of property is this?
Medical office - Two-tenant medical center in Newburgh, Indiana for sale.
Where is this medical office located?
The property is located at 4311 Old Indiana 261 Newburgh, IN.
What is the asking price?
The asking price for this property is $3,135,000.
What are key features of this property?
This property features: - Two-tenant medical center investment property.; - DaVita Dialysis is a major tenant, occupying approximately 9,672 SF.; - Weighted Average Lease Term (WALT) is 5.05 years.