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Property profile & analytics
FOR LEASE
Medical Office Space

1345 Unity Pl Lafayette, IN 47905

70,889 SF Built 2001
Entity Owned Free & Clear
Property ID
US31-0718009
1345 Unity Pl, Lafayette, IN 47905 For Lease
$3,315,000
1345 Unity Pl, Lafayette, IN 47905
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Property summary
AI-generated overview

This exceptional medical office building, located at 1345 Unity Place, Lafayette, IN 47905, offers two available suites totaling 9,872 square feet of vacant space. The suites range in size from approximately 4,572 to 5,300 square feet, providing flexibility for various medical practices. The property is ideally situated in Tippecanoe County, offering convenient access to major transportation arteries, including I-65 and US 52. Its strategic location provides significant advantages, with proximity to major healthcare facilities. Specifically, it's adjacent to Franciscan Health Lafayette East Hospital, approximately one mile from Lafayette Regional Rehabilitation Hospital, and less than 2.5 miles from IU Health Arnett Hospital. This ensures high visibility and easy access for patients and staff. The building features ample parking, including a covered area for convenient patient drop-off and pick-up, enhancing the overall patient experience. The property is classified as a multi-tenant office building, suitable for a variety of medical specialties. This presents a unique opportunity to establish or expand a medical practice in a thriving healthcare hub. The building's prime location and convenient amenities make it an attractive option for medical professionals seeking a well-positioned and accessible space. Interested parties are encouraged to inquire for further details and availability.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 70,889 SF
APN 79-07-35-081-017.317-004
UPID US31-0718009
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
  • Horizon Oncology Center Medical Clinic Hospital
  • Lai Plastic Surgery Medical Clinic
  • Khoa Lai, MD Physician Medical Clinic
  • Dr. Alexander M. Gorup, MD Physician
  • Dr. Ajita Narayan, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.32M
Blend (final) Blend
$3.32M
Owner & transaction history
DOCUNITY LAFAYETTE MOBS LLC
DOCUNITY LAFAYETTE MOBS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.2M +57.4%
Apartment house (5+ units) $5.2M +56.4%
Retail stores $4.6M +38.0%
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