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Medical Office Sublease Opportunity
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1310 South Lebanon Street, Lebanon, IN 46052

Sublease in white-box condition with easy I-65 access.

Property Size4,264 SF
Days on Market129

Property Features for 1310 South Lebanon Street

General Information

Standard status Active
Size 4,264 SF
Property subtype Office
Listing Agency: CBRE | Indianapolis
Listed By: Nick Svarczkopf · License #INRB14047238
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 2:36AM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This sublease opportunity features 4,264 square feet of space within a 20,600 square foot building constructed in 2019. The sublease expires on 10/31/2034. The space is in white-box condition and offers an exterior suite entrance. The property benefits from easy access to I-65 and features institutional ownership. Established clinical tenants are already present in the building. Parking is available at a ratio of 5 spaces per 1,000 square feet.

Key Highlights

  • Sublease expires 10/31/2034
  • Easy access off I‑65
  • Exterior suite entrance available

Property Analytics

Current Use

Kirk L. Parr, ... Physician Akxay Patel, DO Pediatrician Therese DeFabis, NP Pediatrician Ben H Park, ... Pediatrician Rina Patel, MD Pediatrician

Suggested Use

Top Pick Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Carpet & Flooring Store

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

484
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Sublease in white-box condition with easy I-65 access.
Where is this medical office space located?
The property is located at 1310 South Lebanon Street Lebanon, IN.
What are key features of this property?
This property features: Sublease expires 10/31/2034; Easy access off I‑65; Exterior suite entrance available
More about this property
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