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2820 N Green River Rd
Evansville, IN 47715 East Evansville

$3,262,000 USD

Medical For Sale  •  4,213 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,213 SF
  • Lot Size 0.99 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.35 %
  • Tenancy Single
0 Transit Score
67 Walk Score

Highlights

Recently signed 12 year lease with Heartland Dental, the largest DSO in the country, operating over 1,800 locations across 38 states.
he tenant is responsible for all maintenance and operating expenses providing completely passive ownership.
he property is situated off of N. Green River Rd (25,000 VPD) and benefits from anchors Menards and Meijer, as well as having Schnucks, McDonalds, etc
he lease calls for two primary term rent increases (years 6 & 11) with escalations in each option period
The property was built in 2023 featuring Heartland Dental’s current prototype building and high end design.
The site is strategically positioned within a 7 minute drive of two I-69 interchanges, providing easy access for local and commuting patients.
Cap Rate: 5.35 %

Public Transportation

AirportDriveWalkDistance
Evansville Regional 11 min - 5.3 mi
Graham Gold 314-324-8792 Stream Capital Partners
Graham Gold 314-324-8792 Stream Capital Partners