New Inpatient Rehabilitation
4602 Medical Plaza Way, Clarksville, IN 47129
Newly constructed, single-tenant inpatient rehabilitation facility in Clarksville, Indiana.
Type:Special Purpose
Property size:
48,920 SFLot size:
4.46 AcresPrice / SF:
$991/SF- Added:
- May 21, 2026
- Days on Market:
- 10
- Last Refresh:
- May 27 at 8:17 am
Property Features for 4602 Medical Plaza Way
General Information
- Standard status
- Active
- Size
- 48,920 SF
- Lot size
- 4.46 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2026
Listing agent Toby Scrivner License #TX #452773
Listing office Northmarq - Tulsa
Listing date May 21, 2026
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 Northmarq - Tulsa
HighLights
- Newly constructed, purpose‑built 40‑bed Inpatient Rehabilitation Facility (IRF) in Clarksville, Indiana.
- 100% leased to Clarksville Rehabilitation Hospital, LLC, an affiliate of Nobis Rehabilitation Partners.
- 20‑year absolute net lease with approximately 20 years of remaining term and 1.5% annual rent escalations.
- Absolute NNN lease structure resulting in zero landlord responsibilities.
- Annual Net Operating Income (NOI) of $3,275,400 ($66.95/SF).
- Corporate guarantee by Nobis Rehabilitation Holdings, LLC.
Overview
This newly constructed, single-tenant Inpatient Rehabilitation Facility is located in Clarksville, Indiana, within the Louisville, KY-IN MSA. The property consists of a 48,920 square foot, 40-bed, purpose-built facility opening soon, situated on a 4.46-acre site with 126 surface parking spaces. The property is 100% leased to Clarksville Rehabilitation Hospital, LLC, an affiliate of Nobis Rehabilitation Partners, a nationally scaled inpatient rehabilitation hospital operator. The lease is a 20-year absolute net lease with approximately 20 years of remaining term, providing long-term income durability. The lease features 1.5% annual rent escalations and is structured as Absolute NNN, with the tenant responsible for all operating expenses, real estate taxes, insurance, utilities, maintenance, and capital items, including roof, structure, and HVAC, resulting in zero landlord responsibilities. The investment generates $3,275,400 in annual NOI ($66.95/SF). The lease is corporately guaranteed by Nobis Rehabilitation Holdings, LLC, strengthening the credit profile through a proven national operating platform with 18+ inpatient rehabilitation hospitals currently operating and five additional facilities under development. Located directly across the river from Louisville, the property benefits from proximity to a Top 50 U.S. MSA, strong healthcare demand drivers, and favorable long-term fundamentals supporting the inpatient rehabilitation sector, offering investors stable, inflation-protected cash flow backed by a mission-critical healthcare use.
Location Intelligence
Current Use by Public Records
Rehabilitation centers
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Clark
- State
- Indiana
- Longitude
- -85.751372
- Latitude
- 38.333276
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FAQs
What type of property is this?
Rehabilitation center - Newly constructed, single-tenant inpatient rehabilitation facility in Clarksville, Indiana.
Where is this rehabilitation center located?
The property is located at 4602 Medical Plaza Way Clarksville, IN.
What is the asking price?
The asking price for this property is $48,525,000.
What are key features of this property?
This property features: Newly constructed, purpose‑built 40‑bed Inpatient Rehabilitation Facility (IRF) in Clarksville, Indiana.; 100% leased to Clarksville Rehabilitation Hospital, LLC, an affiliate of Nobis Rehabilitation Partners.; **20‑year absolute net lease** with approximately 20 years of remaining term and 1.5% annual rent escalations.
