4144 Wyntree Dr Newburgh, IN 47630

This exceptional Class A medical office building, located at 4144 Wyntree Dr, Newburgh, IN 47630, presents a compelling investment opportunity. The 8,884 square foot property boasts a 100% occupancy rate with a strong, institutional-grade tenant, Deaconess Health Systems, under a NNN lease with a remaining term of approximately 0.8 years and a 3-year renewal option. The building features two units, including a main level with a reception area, multiple exam rooms, offices, and restrooms, and a lower level with retail space and additional amenities such as a doctor's lounge, staff kitchen, and ample storage. The property includes 34 parking spaces and is situated on a .71-acre lot (approximately 100' x 310') with convenient access to Highway 66 and 261. Significant recent improvements include a new roof (2021) and two new HVAC systems (within the last three years, 2019 & 2020). The building was constructed in 2002 and underwent renovations in 2021 and 2022. The asking price is $1,000,000, representing a price per square foot of $112.56 and a 6.22% cap rate based on a Net Operating Income (NOI) of $62,184. The lease includes annual rent bumps of up to 3%. The property is zoned C-4. This is an owner/user investment opportunity with a strong tenant and significant upside potential.