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Property profile & analytics
FOR SALE
Medical Office Space

7353 East 21St St Indianapolis, IN 46219

12,140 SF Built 1993
Property ID
US31-Q003523
Property summary
AI-generated overview

Strategic Indianapolis LocationEast Side corridor with direct connectivity to regional employment, retail, and lifestyle destinations DOWNTOWN INDIANAPOLIS- Approximately 7 miles west via I-70 — the city's core employment, government, and cultural hub, easilyaccessible for tenants and clients.I-70 & I-465 INTERCHANGE- Minutes from one of Indianapolis's most-traveled interchange corridors, providing broad market reach across Marion County and surrounding suburbs.SHADELAND AVE. RETAIL- Adjacent to N. Shadeland Ave., a dense retail corridor with national grocery, QSR, and service retail — walkable amenities for daily tenant needs.MEDICAL & PROFESSIONAL CORRIDOR- Surrounded by established healthcare and professional office users along the E. 21st St. corridor, supporting medical/dental and general office tenants. PROXIMITY TO COMMUNITY HOSPITAL EASTLocated less than one mile from Community Hospital East, a major regional healthcare campusserving Indianapolis' east side. The property's location within a well-established medical and professional services corridor provides access to a large employment base, strong daytime traffic, and long-term demand drivers supported by one of the area's leading healthcare institutions. 8.02%

Property profile
Verified
Property type Medical Office Space
Year built 1993
Total area 12,140 SF
UPID US31-Q003523
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
  • Home Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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