1125 Professional Blvd Evansville, IN 47714

This exceptional investment opportunity presents a 16,872-square-foot, single-tenant medical office building in Evansville, Indiana. The property, built in 1994, boasts 100% occupancy with a strong, creditworthy tenant: St. Vincent Hospitals, part of Ascension Health, a leading healthcare provider. The building sits on a 2.53-acre lot and includes 67 parking spaces. The property features a single-story structure with a permitted commercial zoning designation. The asking price is $5,985,000, reflecting a compelling 8.45% capitalization rate and a net operating income (NOI) of $505,977. The current lease is a triple-net (NNN) lease, minimizing landlord responsibilities. The building's prime location at 1125 Professional Blvd, Evansville, IN 47714, is strategically situated near Ascension St. Vincent's Evansville Hospital, other medical facilities, residential areas, and numerous retail amenities, including the Washington Square Mall. A recent three-year lease extension further solidifies the long-term stability of this investment, showcasing the tenant's commitment to the location and its continued investment in the property. This presents a rare opportunity to acquire a stable, high-performing medical office building in a thriving healthcare market. The property's strong financials, coupled with its desirable location and long-term lease, make it an attractive investment for discerning buyers. The property's APN is 82-06-35-016-096.006-027.