Single-Tenant Medical Office | Kokomo, IN
For Sale
Single-Tenant Medical Office | Kokomo, IN
Asking Price: $2,940,000
| Cap Rate: 7.35%
- Net Operating Income: $216,000
- Weighted Avg. Lease Term (WALT): 7 Years
- Lease Type: Absolute Net
Property Highlights
- 100% occupied by Advanced Medical Imaging with lease guaranteed by Outpatient Imaging Affiliates, a 42-unit operator across 12 states and growing
- Recent building improvements including new imaging equipment and forthcoming remodeling for new imaging equipment
- Centrally located between both major area hospitals; St. Vincent Kokomo Hospital and Howard Community Howard Regional Health
- Surrounded by numerous medical and office buildings
