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Westfield Medical Pavillion 14828 Greyhound Ct 13,825 SF Office Building Carmel, IN 46032 $5,777,604 CAD ($417.91 CAD/SF) 6% Cap Rate

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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

14828 Greyhound Ct, Carmel - Marketing Flyer

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Office

Property Subtype

Medical

Building Size

13,825 SF

Building Class

Year Built

1995

Price

$5,777,604 CAD

Price Per SF

$417.91 CAD

Cap Rate

NOI

$346,656 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)

Signage

1 1

Bike Score®

Very Bikeable (73)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	29-09-13-000-012.034-015	Improvements Assessment	$1,701,504 CAD
Land Assessment	$825,372 CAD	Total Assessment	$2,526,876 CAD

PROPERTY TAXES

Parcel Number

29-09-13-000-012.034-015

Land Assessment

$825,372 CAD

Improvements Assessment

$1,701,504 CAD

Total Assessment

$2,526,876 CAD

(216) 331-7184

CONTACTS

Tyler Gilliam
Jonathan Elson SIOR
Allegro Realty Advisors

Listing ID: 38793807
Date on Market: 2025-12-16
Last Updated:
Address: 14828 Greyhound Ct, Carmel, IN 46032

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14828 Greyhound Ct, Carmel, IN for sale Building Photo- Image 1 of 13 — Primary Photo

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14828 Greyhound Ct, Carmel, IN for sale Building Photo- Image 4 of 13 — Floor Plan

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