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Property profile & analytics
FOR LEASE
Medical Office Space

10995 Allisonville Rd Fishers, IN 46038

25,860 SF 3.44 ac lot Built 2005
Individually Owned 13-yr Hold ~ Est. High Equity
Property ID
US31-0063572
Property summary
AI-generated overview

This exceptional medical office building, located at 10995 Allisonville Rd in Fishers, Indiana, 46038, offers a fantastic opportunity for expansion or relocation. The building boasts a total of 25,360 square feet, currently featuring multiple tenants. A significant space of 5,599 square feet is immediately available, providing ample room for a growing medical practice or related healthcare business. The building's address is conveniently situated in Fishers, offering easy access for patients and staff. The property type is classified as a medical office building, making it ideally suited for various healthcare providers. The building's location at 39.9464148 latitude and -86.043316 longitude ensures excellent visibility and accessibility. This is a rare opportunity to secure a substantial space in a well-established medical office building within a thriving community. The available space is ready for immediate occupancy, allowing for a quick and efficient transition. The building's design and layout are well-suited for medical practices, offering flexibility and functionality. This prime location in Fishers, Indiana presents a unique chance to establish or expand a successful medical practice in a high-demand area. The 5,599 square feet of vacant space provides significant potential for growth and development. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to secure a prominent presence in the Fishers medical community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Construction WOOD
Total area 25,860 SF
Lot 3.44 ac (149,846 SF)
APN 29-14-02-000-065.000-006
UPID US31-0063572
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
Current use
Occupant on record · Public records
  • orthoindy physical&urgent care center Medical Clinic
  • Heather Ireland DDS Dental Office
  • Ireland Dental: Ireland Heather DDS Dental Office
  • OrthoIndy Physical Therapy Fishers Medical Clinic
  • Steinburg David Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$940k
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$1.55M
Owner & transaction history
Ga Hc Reit II Fishers Medical · 13 yrs held
Ga Hc Reit II Fishers Medical
since 2013
3 recorded transactions
2019
Price N/A
2013
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.1M +3.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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