Medical Office Portfolio with NNN
For Sale
Contact for pricing
323 W Tournament Trl, Westfield, IN 46074
Three fully leased healthcare facilities support long-term occupancy across Indiana.
Property Size38,638 SF
Days on Market129
Property Features for 323 W Tournament Trl
General Information
Standard status
Active
Size
38,638 SF
Property subtype
Office
Occupancy
100%
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Northmarq - Tulsa
(918) 494-2690
Listed By:
Toby Scrivner · License #TX #452773
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 8:24AM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
This medical office portfolio comprises three healthcare facilities totaling approximately 38,638 square feet in Westfield, Warsaw, and Indianapolis, Indiana. The properties serve primary care, specialty care, orthopedics, mental health, substance abuse, and hospital-licensed outpatient functions. Tenants include Riverview Health, Orthopaedics Northeast in partnership with Parkview Health, and Eskenazi Health.
All three assets are leased on NNN structures, with a weighted average lease term of 13.5 years. The leases include annual rental escalations and multiple renewal options, while the facilities are occupied by established healthcare providers serving their respective markets. Property addresses include 323 W Tournament Trail in Westfield, 315 E 200 North in Warsaw, and 3419 English Ave in Indianapolis.
All three assets are leased on NNN structures, with a weighted average lease term of 13.5 years. The leases include annual rental escalations and multiple renewal options, while the facilities are occupied by established healthcare providers serving their respective markets. Property addresses include 323 W Tournament Trail in Westfield, 315 E 200 North in Warsaw, and 3419 English Ave in Indianapolis.
Key Highlights
- Three‑property medical office portfolio totaling approximately 38,638 square feet
- 100% leased across facilities in Westfield, Warsaw, and Indianapolis, Indiana
- 13.5‑year weighted average lease term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46074, IN
42,598
Population
17,118
Households
2.5
Avg Household Size
36
Median Age
61%
College-Educated
97%
High-School Grad
36.4 sq mi
ZIP Area
1,170
Density / Sq Mi
$123,580
Median Household Income
$60,250
Median Earnings
$1,550
Median Rent
$400,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Three fully leased healthcare facilities support long-term occupancy across Indiana.
Where is this medical office space located?
The property is located at 323 W Tournament Trl Westfield, IN.
What are key features of this property?
This property features: Three‑property medical office portfolio totaling approximately 38,638 square feet; 100% leased across facilities in Westfield, Warsaw, and Indianapolis, Indiana; 13.5‑year weighted average lease term
