8240 Naab Rd Indianapolis, IN 46260

Property Details for 8240 Naab Rd

Year built

1991

Construction

TYPE NOT SPECIFIED

Lot size

3.80 lot acres

Property size

44,484 SF

Property type

Medical offices

Property subtype

Medical centers

APN

49-03-21-125-001.000-800

APU

490321125001000800

Description

This exceptional Class B medical office building, located at 8240 Naab Rd in Indianapolis, Indiana, presents a compelling investment opportunity. The property boasts a total of 58,341 square feet, situated on a substantial 165,528 square foot lot. Built in 1978, the building currently features multiple tenancies, with a significant amount of space available for lease. A total of 27,499 square feet is currently vacant, offering immediate potential for expansion or new tenants. The available spaces range in size from 1,711 square feet to 10,763 square feet, catering to a variety of medical practices and businesses. The property's prime location in Indianapolis, zip code 46260, provides excellent access to major transportation routes and a thriving medical community. This presents a unique chance to acquire a well-established medical office building with substantial vacancy, allowing for immediate income generation and long-term growth potential. The property's size and layout offer flexibility for various medical uses, making it an attractive option for both established practices and new ventures. The substantial lot size also provides ample parking and potential for future development. This is an ideal opportunity for investors seeking a strong return in the Indianapolis medical real estate market.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.2

Latitude

39.9061

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments