14828 Greyhound CtCarmel, IN 46032

Property Details for 14828 Greyhound Ct

Year built

1995

Lot size

2.00 AC

Property size (Sq ft)

13,825 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional 13,825 square foot medical office building in Carmel, Indiana, presents a compelling investment opportunity. Located at 14828 Greyhound Ct, 46032, this property boasts a strong 5.00% cap rate and a new 10-year lease (commencing September 21, 2024 and expiring September 29, 2034) with Indiana University Health, a tenant with an "AA" credit rating from Fitch. The building, constructed in 1995, features high-quality brick/stone construction and ample parking (75 spaces) on a 2-acre lot. The lease is a NNN (Triple Net) lease, meaning the tenant is responsible for all building expenses, including management fees. Indiana University Health recently completed a $3 million+ build-out. The property benefits from a prime location in a desirable suburban setting, surrounded by major retailers such as Walmart, Target, Menards, Lowe's, Whole Foods, and LA Fitness, and enjoys an average household income exceeding $139,000 within a 5-mile radius, encompassing a population of over 158,000 residents. The asking price is $5,000,000, translating to $361.66 per square foot. The property's APN is 09-09-13-00-00-012.034. This is a rare opportunity to acquire a high-quality, single-tenant medical office building with a secure, long-term lease and significant upside potential.

Location Insight

City

Carmel

County

Hamilton

State

Indiana

Latitude

40.0041

Longitude

-86.1289

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.