Medical Office with Absolute NNN
2509 Chester Blvd Richmond, IN 47374
2509 Chester Blvd, Richmond, IN, 47374
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For Sale
Contact for pricing
New 2025 medical office building offering a 12-year absolute NNN lease with corporate guaranty by Heartland Dental.
Property Size4,400 SF
Price / SF$778.75
Days on Market26
Property Features for 2509 Chester Blvd
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- OFFICE
Listing agency
Marcus & Millichap | Phoenix
(216) 292-7006
Listed by
Alex Frankel · License #SA550593000
(216) 292-7006
Source
Moodyscre
Added: Jun 26 Updated: Jul 21 at 6:47AM Checked: Jul 21 at 6:47AM
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 Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This newly constructed 2025 medical office building is offered for sale with a 12-year absolute NNN lease and a corporate guaranty by Heartland Dental. The lease includes 10% rental increases every five years and multiple renewal options.
The property is positioned as an outparcel near national tenants, including Meijer and nearby operators such as Chipotle, McDonald’s, CVS Pharmacy, and Wendy’s. It is located along Chester Blvd (119,740 cars per day) and is immediately off Interstate 70, with the corridor connecting Richmond to Indianapolis and Dayton, OH. The area also includes nearby employment and education drivers, including the Reid Hospital Regional Medical Center (800,000 SF, 189 beds, and approximately 3,500 employees) and institutions serving approximately 5,100 students at Indiana University East, Ivy Tech Community College, and Purdue Polytechnic University.
The property is positioned as an outparcel near national tenants, including Meijer and nearby operators such as Chipotle, McDonald’s, CVS Pharmacy, and Wendy’s. It is located along Chester Blvd (119,740 cars per day) and is immediately off Interstate 70, with the corridor connecting Richmond to Indianapolis and Dayton, OH. The area also includes nearby employment and education drivers, including the Reid Hospital Regional Medical Center (800,000 SF, 189 beds, and approximately 3,500 employees) and institutions serving approximately 5,100 students at Indiana University East, Ivy Tech Community College, and Purdue Polytechnic University.
Key Highlights
- New 2025 medical office building with a 12‑year absolute NNN lease and corporate guaranty by Heartland Dental
- Lease includes 10% rental increases every 5 years, plus multiple renewal options
- 2025 construction described as new high‑quality
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
NNN property - New 2025 medical office building offering a 12-year absolute NNN lease with corporate guaranty by Heartland Dental.
Where is this nnn property located?
The property is located at 2509 Chester Blvd Richmond, IN.
What is the asking price?
The asking price for this property is $3,426,500.
What are key features of this property?
This property features: New 2025 medical office building with a 12‑year absolute NNN lease and corporate guaranty by Heartland Dental; Lease includes 10% rental increases every 5 years, plus multiple renewal options; 2025 construction described as new high‑quality
