4900 Broadway | Gary, IN 46408
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- LoopNet Team
4900 Broadway
Gary, IN 46408
OAK STREET HEALTH | 7.25% CAP | CVS ACQUIRED · Office Property For Sale
Investment Highlights
- HIGH-QUALITY HEALTHCARE ASSET – This an ideal investment opportunity for investors looking for a recession- proof high quality operator.
- CVS ACQUIRES OAK STREET HEALTH FOR $10.6B+ - This took OSH valuation from $5.5 billion to approximately $10.6 billion
- HARD CORNER SIGNALIZED INTERSECTION - It’s one of the prime north-south thoroughfares and is in close proximity to Indiana University and St Mary Med.
- STELLAR UNIT-LEVEL PERFORMANCE – This location has established itself as a cornerstone provider in the community
- INFLATIONARY PROTECTED LEASE - This provides a major cash flow boost and equity appreciation tool
- INDUSTRY-LEADING NATIONAL OPERATOR - Oak Street Health operates 169 healthcare facilities across 21 states
Property Facts
Property Type
Office
Property Subtype
Building Size
7,597 SF
Building Class
B
Year Built/Renovated
1952/2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,597 SF
Building FAR
0.36
Lot Size
0.49 AC
Parking
42 Spaces (6.58 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 45-08-33-429-015.000-004 | Improvements Assessment | $187,600 |
| Land Assessment | $40,900 | Total Assessment | $228,500 |
Property Taxes
Parcel Number
45-08-33-429-015.000-004
Land Assessment
$40,900
Improvements Assessment
$187,600
Total Assessment
$228,500
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