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Single-Tenant Office Medical

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

14585 Hazel Dell Pkwy, Carmel, IN 46033

Listing Price: $13,350,000

Cap Rate
5.50%
Tenant Name
Riverview Health & Intuitive Health
Years Remaining On Lease
19.1
Gross SF
11,845
Guarantor
Corporate Guarantee
Rentable SF
11,845
Price/Gross SF
$1,127.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.00

Investment Overview

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

Investment Highlights

  • 19+ Years Remaining
  • Very Rare Long Term Hospital Lease
  • Absolute NNN
  • Attractive 2% Annual Rent Increases

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

Single-Tenant Office Medical

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

Listing Price: $13,350,000

Cap Rate
5.50%
Tenant Name
Riverview Health & Intuitive Health
Years Remaining On Lease
19.1
Gross SF
11,845
Guarantor
Corporate Guarantee
Rentable SF
11,845
Price/Gross SF
$1,127.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.00

Investment Highlights

  • 19+ Years Remaining
  • Very Rare Long Term Hospital Lease
  • Absolute NNN
  • Attractive 2% Annual Rent Increases

Investment Overview

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

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

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