Listing Agency: CBRE - Indianapolis k***@cbre.com Show Phone

Listed By: Kevin Broderick · License #RB14046136 Show Phone

Source: Cbre

Added: Apr 15 Changed: Aug 28 Last Checked: Aug 31 at 2:01PM

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Investment Insights

Based on property information with market context.

The subject property is fully occupied by Tri-State Optical and CleanSlate Medical. Both tenants have leases through 2029 and an attractive occupancy history. The tenants pay an average rent of $15.10 per square foot and reimburse all operating expenses. Both tenants have a five-year option to renew with annually increasing rents.

Key Highlights

• 100% Occupancy: Property is fully leased, ensuring immediate income
• Long‑Term Leases: Tenants secured through 2029, providing stable cash flow
• Attractive Occupancy History: Demonstrates tenant reliability and business viability

Property Analytics

Property Profile

Current Use

Cunningham Optical One Ophthalmologist Tri State Optical ... Ophthalmologist

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Real Estate Agency Kitchen & Bath Showroom HVAC Service

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

Location Intelligence

Trade Area within ½ mile

400

Businesses Nearby

Explore this area Business Placement

Demographics for 46580, IN

22,381

Population

8,873

Households

2.5

Avg Household Size

38

Median Age

25%

College-Educated

88%

High-School Grad

71.1 sq mi

ZIP Area

315

Density / Sq Mi

$70,978

Median Household Income

$40,231

Median Earnings

$963

Median Rent

$175,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Medical center - Fully occupied medical and optical property with long-term leases.

Where is this medical center located?

The property is located at 2932 Frontage Road Warsaw, IN.

What are key features of this property?

This property features: 100% Occupancy: Property is fully leased, ensuring immediate income; Long‑Term Leases: Tenants secured through 2029, providing stable cash flow; Attractive Occupancy History: Demonstrates tenant reliability and business viability