Two NNN-Leased Medical Office
1802-1804 E 10th St Jeffersonville, IN 47130
1802-1804 E 10th St, Jeffersonville, IN, 47130
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For Sale
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Sale of two adjacent NNN-leased medical office buildings with overflow parking and former Walgreens space.
Days on Market104
Property Features for 1802-1804 E 10th St
General Information
- Standard status
- Active
- Property subtype
- Office
Listing agency
The Chesser Companies
Listed by
Tyler Chesser, CCIM · License #IN RB16000615
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 11:38PM Checked: Jul 22 at 11:38PM
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 Chesser Companies
Investment Insights
Based on property information with market context.
This offering includes two adjacent NNN-leased medical office properties, available individually or combined. 1802 E 10th Street consists of two parcels: Parcel #1 (1.287 acres) with one building totaling 13,109 SF constructed in 1985, plus a 840 SF three-sided shed; Parcel #2 (.8028 acres) is used for overflow parking. 1804 E 10th Street also consists of two parcels: Parcel #1 (.6530 acres) with one building totaling 5,505 SF constructed in 1985, plus Parcel #2 (.0340 acres) used for overflow parking. Both buildings are described as former Walgreens facilities, and the occupant’s contents include medical equipment that would be costly to relocate legally and logistically.
The properties are located on a high-traffic signalized corner in Jeffersonville, Indiana, within the Louisville KY MSA. The tenant provides drug addiction rehabilitation, IV therapy, and other medical services, and the lease is described in the remarks as $8.06/PSF until June 2020.
The seller’s remarks also note an 8% cap rate target for qualified investors and that the offering is presented significantly below appraised value.
The properties are located on a high-traffic signalized corner in Jeffersonville, Indiana, within the Louisville KY MSA. The tenant provides drug addiction rehabilitation, IV therapy, and other medical services, and the lease is described in the remarks as $8.06/PSF until June 2020.
The seller’s remarks also note an 8% cap rate target for qualified investors and that the offering is presented significantly below appraised value.
Key Highlights
- Two adjacent 100% NNN leased medical office properties offered individually or combined in Jeffersonville, IN (Louisville KY MSA).
- 1802 E 10th St: 1.287‑acre parcel with 13,109 SF building constructed in 1985 (former Walgreens) plus 840 SF three‑sided shed.
- 1802 E 10th St: additional .8028‑acre parcel used for overflow parking.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Eastside Animal Hospital — 1623 E 10th St, Jeffersonville, IN 47130
- A N Lutgen, DVM — 1623 E 10th St, Jeffersonville, IN 47130
- A M Powell, DVM — 1623 E 10th St, Jeffersonville, IN 47130
- Piper C Hays, DVM — 1623 E 10th St, Jeffersonville, IN 47130
- Strong L H DVM — 1623 E 10th St, Jeffersonville, IN 47130
FAQs
What type of property is this?
Medical Office Space - Sale of two adjacent NNN-leased medical office buildings with overflow parking and former Walgreens space.
Where is this medical office space located?
The property is located at 1802-1804 E 10th St Jeffersonville, IN.
What are key features of this property?
This property features: Two adjacent 100% NNN leased medical office properties offered individually or combined in Jeffersonville, IN (Louisville KY MSA).; 1802 E 10th St: 1.287‑acre parcel with 13,109 SF building constructed in 1985 (former Walgreens) plus 840 SF three‑sided shed.; 1802 E 10th St: additional .8028‑acre parcel used for overflow parking.
