Healthcare    

Kokomo Urology

Kokomo, Indiana

Asking Price

$528,000

Cap Rate

7.85%

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Building Size

4,094 SF

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Lot Size

1.01 Acres

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Property Use

Urology Clinic

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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

  • 3 MILES FROM ASCENSION HOSPITAL: Short-term acute care hospital with 129 beds.
  • BELOW MARKET RENT: The Lease features an annual rent of $10.11 PSF, which sits below the submarket’s average medical rental rate of $15-$18 PSF.

  • HEAVILY TRAFFICKED SUBURBAN AREA: Major thoroughfares seeing a combined 23,081 vehicles per day.
  • MEDICAL PARK: Located in an established Medical Park in Kokomo.
  • RECENTLY RENOVATED: including interior renovations and resurfacing the parking lot.

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

Colin Cornell

Vice President
  ccornell@northmarq.com      918.794.9738

Caleb Edwards

Associate
  cedwards@northmarq.com      918.884.3148

In Association With
Tom Fritz

Indiana Lic#RB14048630

Northmarq

6120 South Yale Ave | Suite 300
Tulsa, Oklahoma 74136


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