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8807 E Washington Street, Indianapolis, IN, 46219

Octapharma Plasma

$2,125,000

Key Information

Cap Rate
7.75%
Tot. SF
19,440
Lot Size
2.89 Acres
Year Built
1995/2014
Term Remaining
± 3.35 Years
Type
Healthcare

Highlights

• ±19,440 SF Plasma Collection Facility: Specialized Medical Use with Significant Tenant Investment in Buildout and Infrastructure
• Favorable Rent Basis | Current Rent Well Below Comparable Medical Market Rates
• Long-Term Occupancy Since 2014: Octapharma Has Operated at the Property for More Than a Decade Demonstrating Commitment to the Location
• Mission-Critical Healthcare Real Estate: Plasma Collection Centers Require Specialized Improvements, Equipment, Staffing, and Regulatory Compliance
• High Barrier-to-Entry Industry: FDA-Regulated Operations with Extensive Licensing Requirements Limit New Supply and Protect Existing Locations
• Adaptive Reuse Investment: Property Was Extensively Renovated for Plasma Operations, Including Significant Site and Interior Improvements Prior to Occupancy
• ±3.3 Years Remaining on Current Lease Term

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203