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    1705 Industrial Dr Terre Haute, IN 47802

    For Lease
    Contact for pricing

    7,936 SF Healthcare Building, High Visibility

    Lot size:
    7,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional sublease opportunity presents a 7,936-square-foot retail building ideally suited for healthcare use. Located at 1705 E Industrial Dr, Terre Haute, IN 47802, this single-tenant property boasts excellent visibility along US 41, a major thoroughfare with an average daily traffic count of approximately 20,299 vehicles. Built in 2018, the building sits on a 3.19-acre lot and is zoned C-4. The property features a prominent monument sign along Industrial Drive, enhancing its visibility and brand recognition. The existing lease has a remaining term of just under five years. The property's APN is 84-13-03-200-016.000-024. This turnkey space offers immediate occupancy and is ready for a new tenant to establish their presence in a high-traffic area. The building's previous use as a Fresenius Dialysis Clinic speaks to its suitability for similar medical or healthcare businesses. This is a rare opportunity to acquire a well-located, modern building with significant remaining lease term in a thriving Indiana market. Serious inquiries only.

    Property Features for 1705 Industrial Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,936 SF

    Building Details

    Year Built
    2018

    Unit(s) available at that property

    Space
    Size
    7,936 SF

    HighLights

    • Sublease opportunity available for a freestanding medical office building.
    • High visibility from US Highway 41, with 20,299 average daily traffic counts (ADT).
    • Situated directly across from Ivy Tech Community College's Workforce Development Center.
    • Initial lease term expires October 31, 2029.
    • Property is C‑4 zoned, allowing diverse commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fresenius Kidney Care ... Dialysis Center

    Suggested Use

    Restaurant Garden Center Convenience Store Pawn Shop Veterinary Clinic Dry Cleaner Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.3895499
    Latitude
    39.3451199

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    FAQs

    What type of property is this?
    Retail property - 7,936 SF Healthcare Building, High Visibility
    Where is this retail property located?
    The property is located at 1705 Industrial Dr Terre Haute, IN.
    What are key features of this property?
    This property features: Sublease opportunity available for a freestanding medical office building.; High visibility from US Highway 41, with 20,299 average daily traffic counts (ADT).; Situated directly across from Ivy Tech Community College's Workforce Development Center.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1705 Industrial Dr Terre Haute, IN 47802
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