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Single-Tenant Office Medical

18+ Year NNN | ER/Urgent Care | Very Rare Long Term Hospital Lease

E 116th St, Fishers, IN 46037

Listing Price: $9,200,000

Cap Rate
5.74%
Tenant Name
Riverview Health & Intuitive Health
Years Remaining On Lease
18.1
Gross SF
10,785
Guarantor
Corporate Guarantee
Rentable SF
10,785
Price/Gross SF
$853.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.95

Investment Overview

Marcus & Millichap is pleased to present this very rare long term hospital leased ER/Urgent Care property.

Investment Highlights

  • Very Rare Long Term Hospital Lease
  • 18+ Years Remaining
  • Absolute NNN - Zero Landlord Responsibilities
  • Attractive 2% Annual Rent Increases

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Single-Tenant Office Medical

18+ Year NNN | ER/Urgent Care | Very Rare Long Term Hospital Lease

Listing Price: $9,200,000

Cap Rate
5.74%
Tenant Name
Riverview Health & Intuitive Health
Years Remaining On Lease
18.1
Gross SF
10,785
Guarantor
Corporate Guarantee
Rentable SF
10,785
Price/Gross SF
$853.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.95

Investment Highlights

  • Very Rare Long Term Hospital Lease
  • 18+ Years Remaining
  • Absolute NNN - Zero Landlord Responsibilities
  • Attractive 2% Annual Rent Increases

Investment Overview

Marcus & Millichap is pleased to present this very rare long term hospital leased ER/Urgent Care property.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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