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Shopping Strip

Access Medical Center

2311 IN-3, Greensburg, IN 47240

Listing Price: $1,110,000

Cap Rate
7.85%
Gross SF
8,320
Rentable SF
8,320
Price/Gross SF
$133.41
Lot Size
0.86 acres
Year Built
2003

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale the Access Medical Center, a two-tenant, net-leased medical/retail building located in Greensburg, Indiana.

The Access Medical Center is a 100 percent occupied, two-tenant retail investment opportunity located directly off Interstate 74 along Greensburg’s primary retail corridor, Indiana State Road 3. The property features an 8,320-square-foot building leased to Access Medical Clinic and Kingdon Dugout under net lease structures with annual rental increases and minimal landlord responsibilities, limited primarily to taxes, insurance, and roof/structure. Positioned within a dominant retail trade area surrounded by national retailers including Walmart, Starbucks, Marshalls, and Rural King, the asset benefits from strong visibility, traffic counts of approximately 18,000 vehicles-per-day, and Greensburg’s growing economic base driven by Honda Manufacturing and continued industrial expansion throughout southeast Indiana.

Investment Highlights

  • Greensburg is the County Seat of Decatur County and Located Directly Off Interstate 74 and Serves as the Retail Hub for Surrounding Area
  • Located Along Main Retail Corridor (Indiana State Road 3) Which Experiences Approximately 18,000 Vehicles per Day
  • Tenant Responsibilities Include: Common Area Maintenance, Utilities, Snow and Ice Removal, HVAC Repairs, Maintenance and Replacement and Self-Administer Common Area Maintenance
  • The Only Landlord Responsibilities are Property Taxes, Insurance and Roof and Structure Repairs, Maintenance and Replacement
  • Both Tenants Have Annual Rental Increases During the Base Term of Their Leases
  • Strong Visibility From Indiana State Road 3 and Access Via Hard-Corner, Signalized Intersection

Exclusively Listed By

Shopping Strip

Access Medical Center

Listing Price: $1,110,000

Cap Rate
7.85%
Gross SF
8,320
Rentable SF
8,320
Price/Gross SF
$133.41
Lot Size
0.86 acres
Year Built
2003

Investment Highlights

  • Greensburg is the County Seat of Decatur County and Located Directly Off Interstate 74 and Serves as the Retail Hub for Surrounding Area
  • Located Along Main Retail Corridor (Indiana State Road 3) Which Experiences Approximately 18,000 Vehicles per Day
  • Tenant Responsibilities Include: Common Area Maintenance, Utilities, Snow and Ice Removal, HVAC Repairs, Maintenance and Replacement and Self-Administer Common Area Maintenance
  • The Only Landlord Responsibilities are Property Taxes, Insurance and Roof and Structure Repairs, Maintenance and Replacement
  • Both Tenants Have Annual Rental Increases During the Base Term of Their Leases
  • Strong Visibility From Indiana State Road 3 and Access Via Hard-Corner, Signalized Intersection

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present for sale the Access Medical Center, a two-tenant, net-leased medical/retail building located in Greensburg, Indiana. The Access Medical Center is a 100 percent occupied, two-tenant retail investment opportunity located directly off Interstate 74 along Greensburg’s primary retail corridor, Indiana State Road 3. The property features an 8,320-square-foot building leased to Access Medical Clinic and Kingdon Dugout under net lease structures with annual rental increases and minimal landlord responsibilities, limited primarily to taxes, insurance, and roof/structure. Positioned within a dominant retail trade area surrounded by national retailers including Walmart, Starbucks, Marshalls, and Rural King, the asset benefits from strong visibility, traffic counts of approximately 18,000 vehicles-per-day, and Greensburg’s growing economic base driven by Honda Manufacturing and continued industrial expansion throughout southeast Indiana.

Exclusively Listed By

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