Woodcrest

Office: Medical/Dental

4010 W Goeller Blvd, ColumbusIN 47201

Property Details

Location

Address
4010 W Goeller Blvd, ColumbusIN 47201
County
Bartholomew
Submarket
Parcels
03-95-28-110-000.102-005

Building Size

Building Size
20,314 SF
Rentable Space
13,939 SF

Building Details

Type
 Office: Medical/Dental
Number of Buildings
2
Occupancy Type
Single Tenant
Building Class
B
Building Status
Existing
Floors
Year Built
1985
Year Renovated
2023
Sprinklers
Yes
Total Parking
64
Parking Ratio

Land & Utilities

Land (Acres)
1.36 Acres
Land (SF)
59,242 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
MEDICAL/ GENERAL OFFICE, P.U.D. MEDICAL/OFFICE
Lot Depth
Lot Width

Contacts

Current Listings

4010 & 4020 Goeller Blvd Medical Office Portfolio

13,939 SF$2,000,000

4010 GOELLER BLVD: The property is zoned Medical/Office and is part of a PUD. The investment consist of one building with a total of 7575 square feet of rentable space and has a total of 2 tenants and is 100% leased. Both of which are medical offices. This building also has a full lower level as well. The lower level could possibly be expanded by adding a separate entrance/exit. It would add an additional 6975 square feet and already has all the utilities in place for future expansion. One Tenant is (Everside Medical) started September 2023 for 3 years with 2 options and is a NNN lease. The other Tenant (Neurohealth) recently renewed with a fresh 5-year NNN lease that began in January 2022. They have actually been at this location for four years prior to signing the latest lease.

4020 GOELLER BLVD: has 6364 square feet of rented space consisting of 3 suites. Presently leasing Suite B is the Indiana Conservatory of Music with 1900 square feet. They have a two-year lease that started in June 2023. In March of 2024 they will also be leasing an additional 1506 square feet presently being leased by Everwood Hospitality Management which ends in February of 2024, for a total of 3404 square feet. That lease will have the Indiana Conservatory of Music leasing until May 30th, 2025, with options to renew. Excellent Tenant.

In Suite A we have a 10-year lease that started September 2023 to Ellie Mental Health Services. They are in 3000 square feet, and it has been totally remodeled. They do have a rate increase after 5 years with 2 Five-year options to renew. All leases are NNN. The space they occupy was totally remodeled in 2023. Good solid Tenant.

4010 GOELLER BLVD: The property is zoned Medical/Office and is part of a PUD. The investment consist of one building with a total of 7575 square feet of rentable space and has a total of 2 tenants and is 100% leased. Both of which are medical offices. This building also has a full lower level as well. The lower level could possibly be expanded by adding a separate entrance/exit. It would add an additional 6975 square feet and already has all the utilities in place for future expansion. One Tenant is (Everside Medical) started September 2023 for 3 years with 2 options and is a NNN lease. The other Tenant (Neurohealth) recently renewed with a fresh 5-year NNN lease that began in January 2022. They have actually been at this location for four years prior to signing the latest lease.

4020 GOELLER BLVD: has 6364 square feet of rented space consisting of 3 suites. Presently leasing Suite B is the Indiana Conservatory of Music with 1900 square feet. They have a two-year lease that started in June 2023. In March of 2024 they will also be leasing an additional 1506 square feet presently being leased by Everwood Hospitality Management which ends in February of 2024, for a total of 3404 square feet. That lease will have the Indiana Conservatory of Music leasing until May 30th, 2025, with options to renew. Excellent Tenant.

In Suite A we have a 10-year lease that started September 2023 to Ellie Mental Health Services. They are in 3000 square feet, and it has been totally remodeled. They do have a rate increase after 5 years with 2 Five-year options to renew. All leases are NNN. The space they occupy was totally remodeled in 2023. Good solid Tenant.

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Source: ICBR

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