Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple 11,847 square foot medical office building in Indianapolis, Indiana. The property, built in 2017, is 100% occupied by Fresenius Medical Care, a globally recognized leader in dialysis services, under a Net Net Net (NNN) lease with 6.9 years remaining until the first option period. The lease commenced October 7, 2016, and expires October 31, 2031, with options for lease extensions. Annual rent bumps are 1.02% (1.017% in options).… The property boasts a strong NOI of $206,342, representing a 6.00% capitalization rate based on the asking price of $3,439,000. Situated on a 1.23-acre lot with 34 parking spaces, the single-story building enjoys high visibility due to its direct frontage on Madison Avenue, a major thoroughfare with over 21,000 vehicles per day. The property benefits from its location near a Dollar General-anchored center and a new, 93-unit apartment development, indicating strong growth in the area. Multiple senior housing complexes are also nearby, further supporting the property's strategic location. The property's zoning is ZO01. The APN is 49-15-07-154-009.000-500. This is a rare opportunity to acquire a high-performing medical office building with a long-term lease to a creditworthy tenant in a rapidly growing market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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