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7911 N Michigan Rd
Indianapolis, IN 46268
Urgent Care Indy & Urgent Dental Center 7%cap · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
12,928 SF
Building Class
B
Year Built/Renovated
1993/2015
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,928 SF
Building FAR
0.18
Lot Size
1.64 AC
Zoning
C3 - General Commercial Zone
Parking
91 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Central Heating
  • Partitioned Offices
  • Drop Ceiling
  • Air Conditioning

ABOUT 7911 N MICHIGAN RD , INDIANAPOLIS, IN 46268

Great Investment, Commercial Building with a NN Lease, Previously a Walgreens, now Urgent Care Indy and Urgent Dental Center Indy. Two Great Tenants, $177,000 NOI, 7% Cap, Seller financing available, A Self Standing building at a very well trafficked Intersection, with plenty of parking, almost on the corner lot with exit to both streets 79th St and Michigan Rd. This Frontage property is highly walkable. This great property is Across from a large shopping center and next to a Gas station. This property has Great Demographics within a 5 mile radius. Building was Retail/Previously a Walgreens and Currently a Medical building. Presented by KW Commercial In Collaboration with JDS Real Estate Services/Monte Alexander Indiana Broker. Tenant's websites are here below, Dental Care Center with Three locations: Website: https://www.urgentdentalcenterindy.com/ Indy Urgent Care with different divisions: Website: https://urgentcareindy.com/ PROPERTY FEATURES: Great Commercial real estate investment 7% Cap $177,000 NOI Seller Financing Available Two tenants with long-term leases Urgent care has 2 five-year options Rent increases at each option Great population within a 5-mile radius Main corridor, Great Frontage Great Visibility Ready to close when you are

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-03-20-112-011.000-600
Land Assessment
$448,690
Improvements Assessment
$1,290,547
Total Assessment
$1,739,237
  • Listing ID: 16291730

  • Date on Market: 2019-06-09

  • Last Updated:

  • Address: 7911 N Michigan Rd, Indianapolis, IN 46268

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