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OFF-MARKET
Office Spaces

1040 Patricks Pl Brownsburg, IN 46112

6,000 SF 1 ac lot Built 1997
Property ID
Property summary
AI-generated overview

This single-tenant medical office building, located at 1040 Patricks Place in Brownsburg, Indiana, offers 1,650 square feet of readily available space. The property, built in 1997, is a Class C, single-story building situated on one acre of land and includes 20 parking spaces. The building's total square footage is 6,000 square feet, with 1,650 square feet currently vacant. The suite features three plumbed treatment rooms, four hygienist rooms, and two restrooms, one with a shower. Its previous use was as an orthodontic office/oral surgeon practice. This prime location offers excellent connectivity to recently expanded four-way intersections along Northfield Drive. The property is less than two miles from downtown Brownsburg and is situated along Brownsburg's main retail corridor, benefiting from a large trade area encompassing new apartments, healthcare facilities, manufacturing businesses, hotels, car dealerships, retailers, and restaurants. Brownsburg is experiencing rapid growth, with a 36% population increase between 2010 and 2020, making this a highly desirable location for medical practices. No elevators are present on the premises. Hendricks County location, zip code 46112.

Property profile
Verified
Property type Office Spaces
Year built 1997
Total area 6,000 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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