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DaVita Office Building
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721 Rudolph Way, Greendale, IN 47025

Leased office property with scheduled annual rent increases and a remaining lease term.

Property SizeContact for details
Days on Market143

Property Features for 721 Rudolph Way

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Josh Cordray · License #RS373951
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:14PM

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 Matthews

Investment Insights

Based on property information with market context.

This 6,100-square-foot office property at 721 Rudolph Way is leased to DaVita, with 4.5 years remaining on the current lease term. The lease includes 3% annual rent increases, providing scheduled rent growth during the remaining term.

The property is located in Greendale, Indiana, and is offered as an office investment with a stated 9.85% CAP rate. Lease provisions include above-market features, as described in the property information.

Key Highlights

  • 6,100 SF office property at 721 Rudolph Way
  • Leased to DaVita with 4.5 years remaining
  • 9.85% CAP rate

Property Analytics

Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 47025, IN

23,118
Population
9,595
Households
2.4
Avg Household Size
42
Median Age
32%
College-Educated
93%
High-School Grad
52.3 sq mi
ZIP Area
442
Density / Sq Mi
$89,986
Median Household Income
$49,627
Median Earnings
$773
Median Rent
$231,000
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?
Office building - Leased office property with scheduled annual rent increases and a remaining lease term.
Where is this office building located?
The property is located at 721 Rudolph Way Greendale, IN.
What are key features of this property?
This property features: 6,100 SF office property at 721 Rudolph Way; Leased to DaVita with 4.5 years remaining; 9.85% CAP rate
More about this property
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