1545 S Scatterfield Rd
Anderson, IN 46016
White River Wellness Center · Retail Property For Sale

The DiSalvo Group of Marcus & Millichap is pleased to present to market for sale the White River Athletic Club, also known as, White River Wellness Center. The White River Wellness Center is located in Anderson, Indiana, county seat of Madison County. Anderson, Indiana, is located along I-69 and is an integral submarket of the Indianapolis MSA, the Northeast side. Indianapolis is the 9th Largest Midwest MSA, while Anderson is a growing submarket with 55,000+ residents and anchored by Anderson University and Harrah’s Hoosier Park Casino. Constructed in 2002, the White River Wellness Center is a 26,000 square-foot, Athletic Club, centrally positioned within a 4-buliding, stabilized Medical Office and Wellness Park located along State Road 9, which is also referred to as South Satterfield Road. The excellent market location with easy ingress/egress allows the White River Wellness Center to benefit from exposure to over 30,000 vehicles per day along the State Road 9 Corridor. The White River Wellness Center has operated for over 17 years with recorded member traffic averaging over 9,000 visits per month across the over 3,500 in-place member contracts for the facility. The high market demand can be directly attributed to the specialized facilities and unique client accommodations available at the Subject Property which has resulted in receiving numerous accolades, including recognition as the premier Fitness & Wellness Center of Anderson. The White River Wellness Center is offered to market with 10 years remaining on the NNN Lease and asking $1,475,000, which reflects an 8.54% CAP Rate on actual financials. With an excellent historical operating history, the Subject Property presents as a stabilized, high-yield investment opportunity for any investor with limited landlord responsibilities.