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Octapharma Plasma 8727 E Washington St 19,440 SF Retail Building Indianapolis, IN 46219 $2,125,000 ($109.31/SF) 7.75% Cap Rate
Investment Highlights
- ±19,440 SF plasma collection facility with significant tenant investment in buildout
- Long-term occupancy since 2014 — over a decade of demonstrated commitment
- Property extensively renovated for plasma operations prior to occupancy
- Current rent well below comparable medical market rates
- FDA-regulated operations with extensive licensing requirements limit new supply
- Mission-critical real estate requiring specialized improvements and regulatory compliance
Executive Summary
Kyle Matthews
License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,440 SF
Building Class
B
Year Built
1994
Price
$2,125,000
Price Per SF
$109.31
Cap Rate
7.75%
NOI
$164,688
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
4.95 AC
Zoning
C5
Parking
300 Spaces
Frontage
219’ on E Washington St
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-09-06-103-018.000-700 | Improvements Assessment | $960,500 |
| Land Assessment | $458,900 | Total Assessment | $1,419,400 |
Property Taxes
Parcel Number
49-09-06-103-018.000-700
Land Assessment
$458,900
Improvements Assessment
$960,500
Total Assessment
$1,419,400
Contacts
-
Ty Baumgartner -
Brett Baumgartner -
Josh Bishop -
Matthews Real Estate Investment Services
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