4925 Scatterfield Rd, Anderson, IN 46013-2911
- Medical Office Space
- 0.44 lot acres
Current Use by Public Records
- Dr. Harold G. Benedict, MD / Physician
- CleanSlate Outpatient Addiction Medicine / Physician
- Natalie Hill / Physician
- Mame Dillion / Physician
Property Details for 4925 Scatterfield Rd
- Lot size
- 0.44 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 48-12-30-404-011.000-003
- APU
- 481230404011000003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 7, 2014 | — | Ag Investment Holding LLC | Fifth Third Bank | Warranty Deed | — |
Description
This exceptional Anderson, Indiana retail property, totaling 3,525 square feet, presents a compelling investment opportunity. Currently 100% occupied by CleanSlate Outpatient Addiction Medicine under a lease extending until November 30, 2028, with a five-year option, this single-story building boasts a strong 8.25% cap rate. Built in 1995 and renovated in 2016, the property sits on a 0.87-acre lot at 4925 S Scatterfield Rd, 46013, enjoying high visibility along a major retail corridor with approximately 25,000 vehicles daily. Its strategic location directly across from a Walmart Supercenter and near numerous other national retailers, including Kohl's, Lowe's, and Hobby Lobby, ensures consistent traffic and strong tenant demand. CleanSlate, a reputable national operator with 74 locations, benefits from a lease with 3% annual rent increases and reimbursement of operating expenses, real estate taxes, and insurance. The property's proximity to Harrah's Hoosier Park Casino Racetrack further enhances its appeal. With a surrounding population of 65,131 within a five-mile radius, this investment offers a secure and profitable return. The asking price is $765,000, translating to $217.02 per square foot.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Madison
- State
- Indiana
- Longitude
- -85.6535
- Latitude
- 40.0646
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
