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TriHealth Medical Office 10058 Cooley Rd 9,000 SF Office Building Brookville, IN 47012 $1,440,000 ($160/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Early extension by credit tenant - shows dedication to site
- Pediatrics, Physical Therapy, Women’s Services and Internal Medicine all under one roof
- High-quality interior medical buildout with specialized treatment and exam rooms
- Stable Single-Tenant Medical Office Asset | Multi-practice location for guarantor
- Mission-critical location for the tenant’s operations, supporting long-term occupancy
- Low-maintenance building configuration suited for healthcare service delivery
EXECUTIVE SUMMARY
STABLE SINGLE-TENANT MEDICAL OFFICE ASSET
Total of ± 9,000 SF
- Early extension by credit tenant - shows dedication to site
- Multi-practice location for guarantor
- Pediatrics, Physical Therapy, Women’s Services and Internal Medicine all under one roof
MEDICAL OFFICE
- Long-established medical user with strong patient base
- Mission-critical location for the tenant’s operations, supporting long-term occupancy
- High-quality interior medical buildout with specialized treatment and exam rooms
- Low-maintenance building configuration suited for healthcare service delivery
CINCINNATI & INDIANAPOLIS CORRIDOR
- Located in Brookville, IN, a growing community within the Cincinnati–Indianapolis corridor
- Proximity to Brookville Lake, residential neighborhoods, and local employers enhances patient draw
- Easily accessible from major regional routes including US-52 and IN-1
- Limited local medical competition, reinforcing tenant stability and demand
HEALTHCARE SECTOR RESILIENCE
- Medical office assets continue to outperform traditional office due to essential service demand
- Aging regional population and increased outpatient service utilization support long-term tenant viability
- Onsite care delivery model aligns with national medical trends favoring decentralized outpatient services
Total of ± 9,000 SF
- Early extension by credit tenant - shows dedication to site
- Multi-practice location for guarantor
- Pediatrics, Physical Therapy, Women’s Services and Internal Medicine all under one roof
MEDICAL OFFICE
- Long-established medical user with strong patient base
- Mission-critical location for the tenant’s operations, supporting long-term occupancy
- High-quality interior medical buildout with specialized treatment and exam rooms
- Low-maintenance building configuration suited for healthcare service delivery
CINCINNATI & INDIANAPOLIS CORRIDOR
- Located in Brookville, IN, a growing community within the Cincinnati–Indianapolis corridor
- Proximity to Brookville Lake, residential neighborhoods, and local employers enhances patient draw
- Easily accessible from major regional routes including US-52 and IN-1
- Limited local medical competition, reinforcing tenant stability and demand
HEALTHCARE SECTOR RESILIENCE
- Medical office assets continue to outperform traditional office due to essential service demand
- Aging regional population and increased outpatient service utilization support long-term tenant viability
- Onsite care delivery model aligns with national medical trends favoring decentralized outpatient services
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,000 SF
Building Class
B
Year Built
1997
Price
$1,440,000
Price Per SF
$160
Cap Rate
8%
NOI
$115,232
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,000 SF
Building FAR
0.21
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
70 Spaces (4 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 24-10-15-300-002.003-003 | Improvements Assessment | $546,500 |
| Land Assessment | $26,100 | Total Assessment | $572,600 |
PROPERTY TAXES
Parcel Number
24-10-15-300-002.003-003
Land Assessment
$26,100
Improvements Assessment
$546,500
Total Assessment
$572,600
CONTACTS
-
Belle Choe -
Samuel Curtis -
Forest Bender -
Joseph DiSalvo -
Zachary Rogers -
Gus Poulos -
Marcus & Millichap
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TriHealth Medical Office | 10058 Cooley Rd
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