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4602 Medical Plaza Way - Nobis Rehabilitation Hospital 48,920 SF Health Care Building Offered at $48,525,000 at a 6.75% Cap Rate in Clarksville, IN 47129



Investment Highlights
- Absolute NNN Lease Structure
- Institutional-Quality Credit and Corporate Guaranty
- Institutional-Quality, Best-in-Class Finishes w/ Private Patient Rooms
- Long-Term, Inflation-Protected Lease
- Brand New Purpose-Built Inpatient Rehabilitation Facility
- Below Replacement Cost Economics
Executive Summary
This offering features a newly built, single-tenant inpatient rehabilitation hospital in Clarksville, Indiana, located within the Louisville, KY-IN MSA. The property spans roughly 48,920 square feet on a 4.46-acre site and includes 126 surface parking spaces. It is 100% leased to Clarksville Rehabilitation Hospital, LLC, an affiliate of Nobis Rehabilitation Partners. The lease is structured as an absolute NNN lease with inflation protection, providing secure, long-term cash flow backed by institutional-quality credit and corporate guaranty.
The facility is purpose-built with top-tier inpatient rehabilitation finishes, designed to deliver a premium patient experience across 40 beds with private rooms. It represents a defensible healthcare investment supported by favorable lease economics and an essential service offering. Positioned within a strong Louisville MSA health market, this asset combines high-quality construction with robust operator expertise, creating a compelling acquisition opportunity for investors seeking stability and long-term value generation in a growing sector.
The facility is purpose-built with top-tier inpatient rehabilitation finishes, designed to deliver a premium patient experience across 40 beds with private rooms. It represents a defensible healthcare investment supported by favorable lease economics and an essential service offering. Positioned within a strong Louisville MSA health market, this asset combines high-quality construction with robust operator expertise, creating a compelling acquisition opportunity for investors seeking stability and long-term value generation in a growing sector.
Property Facts
| Price | $48,525,000 | Lot Size | 4.47 AC |
| Sale Type | Investment | Building Size | 48,920 SF |
| Cap Rate | 6.75% | No. Stories | 3 |
| Property Type | Health Care | Year Built | 2026 |
| Property Subtype | Rehabilitation Center | Parking Ratio | 2.58/1,000 SF |
| Building Class | A |
| Price | $48,525,000 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | A |
| Lot Size | 4.47 AC |
| Building Size | 48,920 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 2.58/1,000 SF |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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4602 Medical Plaza Way - Nobis Rehabilitation Hospital
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