Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sublease Office Space Available Title is generated by Realmo AI

    1310 S Lebanon St, Lebanon, IN 46052

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    4,264 SF sublease available until October 2034.

    Type:Office
    Property size:
    4,264 SF
    Added:
    May 29, 2024
    Days on Market:
    737
    Last Refresh:
    May 12 at 10:39 pm

    Property Features for 1310 S Lebanon St

    General Information

    Standard status
    Active
    Size
    4,264 SF
    Property subtype
    Office

    Building Details

    Year Built
    2019

    Spaces For Lease

    at 1310 S Lebanon St Contact us

    We can help!

    Listing Contact
    NICK SVARCZKOPF

    Listing agent NICK SVARCZKOPF License #INRB14047238

    Listing office CBRE - Indianapolis

    Listing date May 29, 2024

    Source Crexi

    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

    HighLights

    • Long‑term lease with Sublease expiring 10/31/2034
    • 4,264 SF Space
    • White‑Box Condition
    • Easy Access off I‑65
    • Exterior Suite Entrance Available
    • Institutional Ownership

    Overview

    This property offers a 4,264 square foot sublease opportunity. The sublease expires on October 31, 2034. The space is in white-box condition and features an exterior suite entrance. The property benefits from easy access to I-65 and institutional ownership. Established clinical tenants are present in the building.
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.47049
    Latitude
    40.03752

    Nearby Similar for Lease

    • $30 SF/Yr
      2,600 SF

      New Retail Space with Drive-Thru

      New construction retail space with drive-thru and pylon signage.
      4250 S State Road 267, Lebanon, IN
      View Details
    • Contact for pricing
      4,264 SF

      Medical Office Sublease Opportunity

      Sublease in white-box condition with easy I-65 access.
      1310 South Lebanon Street, Lebanon, IN, 46052
      View Details
    • Contact for pricing

      Office Space Available for Rent

      Office property available for rent in Lebanon, Indiana.
      920 S State Road 39, Lebanon, IN 46052
      View Details
    • Contact for pricing

      Lebanon Industrial Property for Rent

      Industrial warehouse space available for lease in Lebanon, Indiana.
      3150 Couden Dr, Lebanon, IN 46052
      View Details
    • $11 SF/Yr
      9,840 SF

      Lebanon Warehouse with Excellent Access

      Warehouse space with convenient I-65 access and local management.
      953 Monument Dr, Lebanon, IN
      View Details
    • Contact for pricing
      746 SF

      Retail Space on Main Corridor

      Retail space available on a main retail corridor.
      2222 North Lebanon Street, Lebanon, IN
      View Details
    • Contact for pricing
      255,466 SF

      Lebanon Industrial Space for Lease

      255,466 SF industrial space with 36' clear height.
      558 Airtech Pkwy, Lebanon, IN
      View Details
    • Contact for pricing

      Lebanon Commercial Property For Rent

      Commercial property available for rent in Lebanon, Indiana.
      John Shaw Road, Lebanon, IN 46052
      View Details
    • $7 SF/Yr

      Lebanon Industrial/Distribution Property

      Industrial/Distribution property located in Lebanon, Indiana.
      I-65 & SR 39, Lebanon, IN 46052
      View Details
    • Contact for pricing

      Retail Center in Lebanon, IN

      Retail center anchored by national and regional tenants.
      North Lebanon St, Lebanon, IN
      View Details
    • $5 SF/Yr
      168,480 SF

      Lebanon Industrial Space Available

      168,480 square foot industrial space for lease in Lebanon.
      3150 Couden Dr, Lebanon, IN
      View Details
    • Contact for pricing
      200,000 SF

      Lebanon Industrial Property Available

      200,000 SF industrial space for rent in Lebanon, Indiana.
      I-65 & SR 39, Lebanon, IN
      View Details

    FAQs

    What type of property is this?
    Office units - 4,264 SF sublease available until October 2034.
    Where is this office units located?
    The property is located at 1310 S Lebanon St Lebanon, IN.
    What are key features of this property?
    This property features: Long‑term lease with Sublease expiring 10/31/2034; 4,264 SF Space; White‑Box Condition
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    NICK SVARCZKOPF
    Real Estate License ID: INRB14047238
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1310 S Lebanon St, Lebanon, IN 46052
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!