Medical Office Opportunity

Office for Sale
Catylist Listing ID: 30387344
Property Subtypes: Medical
Building Status: Proposed
Building Size (RSF): 29,773 SF
Gross Building Area: See Agent
Sale Price: $3,750,000
Unit Price: $125.95 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

North Pointe Medical Plaza is a modern multi-tenant medical office facility, which houses the Advanced Pain Care Clinic. The two-story masonry building was constructed in 1995 and is built out with clinical space on both levels. The site is approximately one acre and has ample parking along with excellent visibility to Lynch Road. The second and part of the first level is vacant consisting of approximately 19,000 SF. This space was formerly occupied by St. Vincent Occupational Evansville Medicine.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-10-034-404.001-020
Area Description: This property is located in north-central Evansville along Lynch Road between Highway 41 N and Oak Hill Road. The facility has excellent access to the major corridors in Evansville and is less than 5 miles from Evansville Regional Airport. This sub-market and north of this property has the strongest residential growth in Evansville.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1995

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,390 59,232 146,546
Median Age: 41.61 39.08 38.58
Households: 2,248 25,065 61,707

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