721 Rudolph Way | Greendale, IN 47025
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721 Rudolph Way
Greendale, IN 47025
Office Property For Sale
INVESTMENT HIGHLIGHTS
- This lease features above market, 3% annual rent increases, providing a major cash flow boost and equity appreciation tool.
- building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle for both local and out-of-state investors
- The demand for medical services tends to remain relatively stable even during economic downturns.
- In 2020, DaVita extended its lease term at this location for 8 years, serving as a great indication of the tenant’s commitment to this site.
- Healthcare real estate has shown resilience against recessions and the COVID-19 pandemic.
- DaVita has occupied the subject property since 2011 showing their long-term commitment to this location.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
6,100 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,100 SF
Building FAR
0.10
Lot Size
1.44 AC
PROPERTY TAXES
| Parcel Number | 15-07-11-300-024.003-016 | Improvements Assessment | $279,700 |
| Land Assessment | $72,200 | Total Assessment | $351,900 |
PROPERTY TAXES
Parcel Number
15-07-11-300-024.003-016
Land Assessment
$72,200
Improvements Assessment
$279,700
Total Assessment
$351,900
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