4010 Goeller Blvd Columbus, IN 47201-8307
- Medical offices
- 13,998 SF
- 0.83 lot acres
Jan 21, 2021
Current Use by Public Records
- Alivio Medical Center Columbus / Medical Clinic / Doctor
- THERAPY ON WHEELS COLUMBUS / Physical Therapy Clinic
- Edward Jones / Financial Planner
- Dr. Josue Villalta / Gynecologist
- Beeson Janet K / Doctor
Property Details for 4010 Goeller Blvd
- Year built
- 1998
- Construction
- WOOD
- Lot size
- 0.83 lot acres
- Property size
- 13,998 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 03-95-28-110-000.102-005
- APU
- 39528110000102005
Description
This Columbus, Indiana medical office building presents a compelling investment opportunity. Located at 4010 W Goeller Blvd, this Class B property boasts 13,939 total square feet, with 7,575 square feet of net rentable space across one building. Currently 100% occupied by two medical tenants, Everside Medical and Neurohealth, the property offers a strong, stable income stream. Everside Medical commenced a 3-year NNN lease (with two options) in September 2023, while Neurohealth recently renewed their 5-year NNN lease (January 2022), having occupied the space for four years prior. The property features 64 parking spaces and sits on a 0.83-acre lot, zoned for Medical Office and PUD. Built in 1998 and extensively renovated in 2023, the building is in excellent condition. The property includes a full lower level (6,975 sq ft) with existing utilities, presenting potential for future expansion. The asking price is $1,100,000, representing a 6.09% cap rate and a price per square foot of $78.92. Rent bumps are included in the lease agreements. This is a net lease investment with excellent tenants and a strong location in Bartholomew County, Indiana (Zip code 47201). The property is offered for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Bartholomew
- State
- Indiana
- Longitude
- -85.9689
- Latitude
- 39.1983
- CBSA code
- 18020
- CBSA name
- COLUMBUS, IN METROPOLITAN STATISTICAL AREA