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Westfield Medical Pavillion 14828 Greyhound Ct 13,825 SF Office Building Carmel, IN 46032 $5,727,036 CAD ($414.25 CAD/SF) 6% Cap Rate
Investment Highlights
- Strong Credit Single Tenant Medical Office Building
- Lease Guaranteed by Indiana University Health, Largest Healthcare System in Indiana
- New 10-Year Lease with 2% Annual Increases
- Occupied by Riley Children’s Health, Providing Pediatric Primary Care Services
- Indiana University Health Has an “AA” Credit Rating from Fitch
- Tenant Responsible for 100% of Building Expenses, Including Management Fee
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
13,825 SF
Building Class
B
Year Built
1995
Price
$5,727,036 CAD
Price Per SF
$414.25 CAD
Cap Rate
6%
NOI
$343,622 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,825 SF
Building FAR
0.16
Lot Size
2.00 AC
Zoning
C - Commercial
Parking
75 Spaces (5.42 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 29-09-13-000-012.034-015 | Improvements Assessment | $1,717,992 CAD |
| Land Assessment | $833,370 CAD | Total Assessment | $2,551,362 CAD |
Property Taxes
Parcel Number
29-09-13-000-012.034-015
Land Assessment
$833,370 CAD
Improvements Assessment
$1,717,992 CAD
Total Assessment
$2,551,362 CAD
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Westfield Medical Pavillion | 14828 Greyhound Ct
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