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North Clark Medical Office Portfolio 3 Office Properties Offered at $6,656,000 in Jeffersonville, IN



Investment Highlights
- Three-Building Medical Office Sale-Leaseback located in the Louisville MSA
- 10-Year NNN Lease Term providing passive income with 2.5% annual rental escalations
- Comprehensive Healthcare Services offered on-site, including Primary Care, Urgent Care, Lab, and Behavioral Health
- Attractive Return Profile – minimal landlord responsibilities with strong, stable cash flow
- Established, Reputable Medical Practice with a strong presence both locally and nationally
Executive Summary
THREE-BUILDING MEDICAL OFFICE PORTFOLIO
Total of ± 34,313 SF
- Three-Building Medical Office Sale-Leaseback located in the Louisville MSA
- Attractive Return Profile – minimal landlord responsibilities with strong, stable cash flow
- 10-Year NNN Lease Term providing passive income with 2.5% annual rental escalations
- Established, Reputable Medical Practice with a strong presence both locally and nationally
- Comprehensive Healthcare Services offered on-site, including Primary Care, Urgent Care, Lab, and Behavioral Health
PROXIMITY TO LOUISVILLE MSA
- Jeffersonville is part of the Louisville Metro Statistical Area (MSA), directly across the Ohio River from downtown Louisville, Kentucky.
- The city benefits from seamless interstate connectivity via I-65, I-265, and I-64, providing immediate access to the Louisville CBD, airport, and regional distribution hubs.
- Downtown Louisville is less than 10 minutes away, making Jeffersonville a prime location for businesses seeking metro access without the congestion or cost of the urban core.
ECONOMIC & REGIONAL CONNECTIVITY
- Jeffersonville anchors the Southern Indiana “Boom Corridor”, driven by the River Ridge Commerce Center, Port of Indiana–Jeffersonville, and growing logistics and advanced manufacturing sectors.
- The completion of the Lewis and Clark Bridge (East End Crossing) has expanded direct cross-river access to Louisville’s eastern suburbs, reducing commute times and boosting commercial development.
- The area attracts major corporate and institutional investment, including Meta’s $800M data center and expanding regional healthcare systems, both of which strengthen employment and population growth.
MAJOR REDEVELOPMENT & PLACEMAKING PROJECTS
Jeffboat Waterfront Redvelopment
An 80-acre plan to transform the former Jeffboat shipyard into a large mixed-use riverfront project (marina, amphitheater, retail, office, residential and hotel components) is advancing through master-planning and early funding phases — a game-changing placemaking project for Jeffersonville’s riverfront.
META’S $800 MILLION DATA CENTER DEVELOPMENT
Transformational Regional Investment
- In early 2024, Meta Platforms, Inc. (Facebook’s parent company) announced plans to build a $800 million, 700,000+ square-foot hyperscale data center within the River Ridge Commerce Center — a 6,000-acre master-planned business park located just minutes north of your property sites in Jeffersonville.
- The project represents one of the largest private investments in Southern Indiana’s history and solidifies the region’s position as a technology and innovation hub within the Louisville MSA.
- Meta’s Jeffersonville facility will join the company’s growing network of U.S. data centers, serving as a critical piece of its global infrastructure supporting platforms like Facebook, Instagram, and WhatsApp.
Economic & Employment Impact
- The project is expected to generate hundreds of construction jobs during its multi-year buildout and dozens of permanent high-tech and operations positions once completed.
- River Ridge officials anticipate that Meta’s presence will attract complementary industries, including cloud services, fiber and energy suppliers, and advanced data infrastructure partners — further boosting the local economy.
- With Meta’s global brand recognition, the investment also serves as a magnet for additional high-profile tenants seeking the same connectivity, logistics, and workforce advantages that drew Meta to the area.
Total of ± 34,313 SF
- Three-Building Medical Office Sale-Leaseback located in the Louisville MSA
- Attractive Return Profile – minimal landlord responsibilities with strong, stable cash flow
- 10-Year NNN Lease Term providing passive income with 2.5% annual rental escalations
- Established, Reputable Medical Practice with a strong presence both locally and nationally
- Comprehensive Healthcare Services offered on-site, including Primary Care, Urgent Care, Lab, and Behavioral Health
PROXIMITY TO LOUISVILLE MSA
- Jeffersonville is part of the Louisville Metro Statistical Area (MSA), directly across the Ohio River from downtown Louisville, Kentucky.
- The city benefits from seamless interstate connectivity via I-65, I-265, and I-64, providing immediate access to the Louisville CBD, airport, and regional distribution hubs.
- Downtown Louisville is less than 10 minutes away, making Jeffersonville a prime location for businesses seeking metro access without the congestion or cost of the urban core.
ECONOMIC & REGIONAL CONNECTIVITY
- Jeffersonville anchors the Southern Indiana “Boom Corridor”, driven by the River Ridge Commerce Center, Port of Indiana–Jeffersonville, and growing logistics and advanced manufacturing sectors.
- The completion of the Lewis and Clark Bridge (East End Crossing) has expanded direct cross-river access to Louisville’s eastern suburbs, reducing commute times and boosting commercial development.
- The area attracts major corporate and institutional investment, including Meta’s $800M data center and expanding regional healthcare systems, both of which strengthen employment and population growth.
MAJOR REDEVELOPMENT & PLACEMAKING PROJECTS
Jeffboat Waterfront Redvelopment
An 80-acre plan to transform the former Jeffboat shipyard into a large mixed-use riverfront project (marina, amphitheater, retail, office, residential and hotel components) is advancing through master-planning and early funding phases — a game-changing placemaking project for Jeffersonville’s riverfront.
META’S $800 MILLION DATA CENTER DEVELOPMENT
Transformational Regional Investment
- In early 2024, Meta Platforms, Inc. (Facebook’s parent company) announced plans to build a $800 million, 700,000+ square-foot hyperscale data center within the River Ridge Commerce Center — a 6,000-acre master-planned business park located just minutes north of your property sites in Jeffersonville.
- The project represents one of the largest private investments in Southern Indiana’s history and solidifies the region’s position as a technology and innovation hub within the Louisville MSA.
- Meta’s Jeffersonville facility will join the company’s growing network of U.S. data centers, serving as a critical piece of its global infrastructure supporting platforms like Facebook, Instagram, and WhatsApp.
Economic & Employment Impact
- The project is expected to generate hundreds of construction jobs during its multi-year buildout and dozens of permanent high-tech and operations positions once completed.
- River Ridge officials anticipate that Meta’s presence will attract complementary industries, including cloud services, fiber and energy suppliers, and advanced data infrastructure partners — further boosting the local economy.
- With Meta’s global brand recognition, the investment also serves as a magnet for additional high-profile tenants seeking the same connectivity, logistics, and workforce advantages that drew Meta to the area.
Property Facts
| Price | $6,656,000 | Number of Properties | 3 |
| Price / SF | $193.83 / SF | Individually For Sale | 0 |
| Cap Rate | 8.76% | Total Building Size | 34,339 SF |
| Sale Type | Investment NNN | Total Land Area | 4.20 AC |
| Status | Active |
| Price | $6,656,000 |
| Price / SF | $193.83 / SF |
| Cap Rate | 8.76% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 34,339 SF |
| Total Land Area | 4.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Medical Center Jeffersonville
1806 10th St, Jeffersonville, IN 47130 |
Office | 15,684 SF | 1972 | - |
| 1802 E 10th St, Jeffersonville, IN 47130 | Office | 13,150 SF | 1985 | - |
| 1804 10th St, Jeffersonville, IN 47130 | Office | 5,505 SF | 1985 | - |
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North Clark Medical Office Portfolio
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