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9560 E 59th St, Indianapolis, IN, 46216

Community Health Network
$2,061,935

Key Information

Cap Rate
7.75%
$ per SF
$303
Tot. SF
6,800
Lot Size
1.04 Acres
Term Remaining
±5 YRS
Type
Healthcare
NOI
$159,800

Highlights

  • Investment-Grade Credit Tenant – Leased to Community Health Network, a leading regional healthcare system with an A+ S&P credit rating, providing strong credit quality and long-term income security.
  • Recently Exercised Lease Renewal – Tenant recently exercised a five-year renewal, demonstrating continued commitment to the location and operational stability.
  • Built-In Rent Growth – Lease features 2.5% annual rental increases, offering predictable cash flow growth and a hedge against inflation.
  • Stabilized Single-Tenant Medical Asset – ±6,800 square foot medical office building situated on ±1.04 acres, requiring minimal management.
  • Strategic Indianapolis Location – Positioned in a well-established medical and commercial corridor on Indianapolis northeast side, benefiting from strong surrounding demographics and healthcare demand.
  • Recession-Resistant Use – Medical office real estate historically outperforms through economic cycles, supported by essential healthcare services.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203