Healthcare    

Optum
(American Health Network)

Kokomo, Indiana

Asking Price

$642,000

Cap Rate

7.50%

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Building Size

4,094 SF

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Lot Size

1.01 Acres

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Property Use

Podiatric Surgery

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Avg. HH Income

$72,863 (3-mile)

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Year Built

1990

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • PASSIVE INVESTMENT: Absolute NNN structure with no landlord responsibilities.
  • OUTSTANDING LEASE STRUCTURE: Over five (5.0) years remaining, 3% annual rental increases, and 2, 3 yr renewal options with increases.
  • RECENTLY RENOVATED: including interior renovations and resurfacing the parking lot.
  • HEAVILY TRAFFICKED SUBURBAN AREA: Major thoroughfares seeing a combined 23,081 vehicles per day.
  • INVESTMENT GRADE OPERATOR: American Health Network is a part of the Optum, the fast growing part of UnitedHealth Group (A3 Moody's).

Exclusively Listed By

Christian Vaughan

Vice President
  cvaughan@northmarq.com      918.794.9544

Daniel Anderson

Investment Analyst
  danderson@northmarq.com      918.794.9531

Toby Scrivner

Senior Vice President
  tscrivner@northmarq.com      918.794.9554

Jeff Matulis

Senior Vice President
  jmatulis@northmarq.com      918.794.9525

In Association With
Tom Fritz

Indiana Lic#RB14048630

Northmarq

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