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1820 E 10th St
Jeffersonville, IN 47130
Office Property For Sale
Investment Highlights
- 1 of 3 Investments - Can be purchased individually or as a portfolio (Spero - Hazard, KY / Spero - Owensboro, KY / and Spero - Jeffersonville, IN).
- Below Market Rent – Very replaceable rent and a low rent per square foot, this asset offers strong long-term value in a growing market.
- Recent Capital Improvements – Fully renovated in 2018 to meet the tenant’s specifications.
- 100% Occupied & Corp Guaranteed - Spero Health is one of the largest office-based opioid treatment providers in the U.S., with 95+ locations.
- NN Lease Structure – Minimal landlord responsibilities – Roof, Structure, and HVAC replacements that exceed over $1,500 in initial term only.
- Prime Healthcare Location – Strategically positioned near Clark Memorial Health, a 241-bed acute care hospital serving Southern Indiana.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
4,523 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,523 SF
Building FAR
0.22
Lot Size
0.47 AC
Zoning
C2
Parking
24 Spaces (5.31 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Conferencing Facility
- Security System
- Signage
- Kitchen
- Central Heating
- Reception
- Wi-Fi
- Air Conditioning
Property Taxes
| Parcel Number | 10-21-01-000-245.000-010 | Improvements Assessment | $654,500 |
| Land Assessment | $40,300 | Total Assessment | $694,800 |
Property Taxes
Parcel Number
10-21-01-000-245.000-010
Land Assessment
$40,300
Improvements Assessment
$654,500
Total Assessment
$694,800
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