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Freestanding Medical Office Space
For Lease
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417 W 38th St, Anderson, IN 46013

Configured for clinical and wellness operations with dedicated treatment areas, office space, storage, and accessible facilities.

Space Size1,584 SF
Days on Market557

Property Features for 417 W 38th St

General Information

Standard status Active
Size 1,584 SF
Property subtype Office
Lease Type Gross

Space & Availability

Space Use Medical Office
Condition Turnkey
Private Offices 1

Amenities

security cameras
handicap ramp
break room
basement storage

Building Details

Tenancy Single

Spaces For Lease

at 417 W 38th St Contact us

Available Space $1.48/SF/Mo

Size
1,584 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: F.C Tucker Company
Listed By: Rizwan Bashir · License #RB24001271
Source: Crexi
Added: Feb 21, 2025 Changed: Aug 31 Last Checked: Sep 1 at 4:24AM

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 F.C Tucker Company

Investment Insights

Based on property information with market context.

This freestanding medical office property at 417 W 38th St includes five exam or treatment rooms, including three with sinks, along with a private office, two handicap-accessible restrooms, and a break room. A basement adds storage capacity, while existing plumbing in the treatment areas supports medical, spa, or wellness-related operations. The building also has a handicap ramp, security cameras, and on-site parking for approximately 12–13 vehicles.

Recent physical updates include fresh paint, new flooring, updated doors, and a brand-new A/C system installed last year. The layout was previously used for medical and spa-related services and is located within the 38th Street Professional Park near the intersection of 38th Street and Fairview Street in Anderson, Indiana. Established neighborhoods, schools, and amenities surround the professional office park.

Key Highlights

  • Five exam or treatment rooms, with sinks in 3 rooms
  • Basement storage, private office, break room, and 2 handicap‑accessible restrooms
  • Existing plumbing infrastructure in treatment areas

Property Analytics

Current Use

Melissa Matthews Physician Dr. Zakia Naz, ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

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

Lease Details

NNN (Triple Net)
Lease Type
$2.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46013, IN

18,288
Population
9,062
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
875
Density / Sq Mi
$49,557
Median Household Income
$35,000
Median Earnings
$891
Median Rent
$120,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for clinical and wellness operations with dedicated treatment areas, office space, storage, and accessible facilities.
Where is this medical office space located?
The property is located at 417 W 38th St Anderson, IN.
What is the lease rate?
The lease rate is $17.76 SF/Yr.
What are key features of this property?
This property features: Five exam or treatment rooms, with sinks in 3 rooms; Basement storage, private office, break room, and 2 handicap‑accessible restrooms; Existing plumbing infrastructure in treatment areas
(317) 570-3800 Call to check price and availability
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