6826 Madison AveIndianapolis, IN 46227
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- Fee-simple 11,847 SF medical office building in Indianapolis, IN.
- 100% occupied by Fresenius Medical Care under a NNN lease with 6.9 years remaining until the first option period, expiring October 31, 2031.
- Strong NOI of $206,342 and a 6.00% cap rate based on the $3,439,000 asking price.
- Located on a 1.23-acre lot with 34 parking spaces, offering high visibility on Madison Avenue.
Property Details for 6826 Madison Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 11,847 SF
- Class
- B
- Year Built
- 2017
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 53,579 SF
- Units
- 1
Location Insight
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Latitude
- 39.666337100435
- Longitude
- -86.128391057401
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield, Fresenius Medical Care NNN lease.
- Where is the office property located?
- The property is located at 6826 Madison Ave Indianapolis, IN.
- What is the asking price?
- The asking price for this property is $3,439,000.
- What are key features of this property?
- This property features: Fee-simple 11,847 SF medical office building in Indianapolis, IN.; 100% occupied by Fresenius Medical Care under a NNN lease with 6.9 years remaining until the first option period, expiring October 31, 2031.; Strong NOI of $206,342 and a 6.00% cap rate based on the $3,439,000 asking price.
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