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Washington Campus Medical Building 4411 Washington Ave

53,967 SF Office Building Evansville, IN 47714 £3,117,534 (£58/SF) 8.17% Net Initial Yield

Executive Summary

Property Details:
2024 Chiller, HVAC – Air Cooled, York 225 Ton
2024 Parking Lot Maintenance
2023 Building Generator – New Transfer Switch
2023 Boiler (2), HVAC – NTI
2015 New TPO Roof
2022 Boiler, Domestic Water – NTI
Gross Revenue: 2025 $631,152
Expenses: 2023 $305,906
NOI: $325,246
CAP 8.17%
Value Add: 2nd Floor - 10,200 SF Vacancy

Attachments

4411 Washington Avenue

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
53,967 SF
Building Class
B
Year Built/Renovated
1974/2024
Price
£3,117,534
Price Per SF
£58
Net Initial Yield
8.17%
NOI
£254,703
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
17,989 SF
Slab to Slab
10 ft
Building FAR
0.34
Lot Size
3.62 AC
Zoning
C-1 and C-2 - Commercial
Parking
125 Spaces (2.86 Spaces per 1,000 SF Leased)

Amenities

  • Basement
  • Wi-Fi
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Basement
  • 4,600 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Build to Suit

  • 2nd Floor
  • 10,000 SF
  • Medical
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
Basement 4,600 SF Office/Medical Partial Build-Out Now
2nd Floor 10,000 SF Medical Partial Build-Out Now

Basement

Size
4,600 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
10,000 SF
Space Use
Medical
Condition
Partial Build-Out
Available
Now

Basement

Size 4,600 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

Build to Suit

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PROPERTY TAXES

Parcel Number 82-06-35-016-071.012-027 Improvements Assessment £827,556
Land Assessment £387,420 Total Assessment £1,214,977

PROPERTY TAXES

Parcel Number
82-06-35-016-071.012-027
Land Assessment
£387,420
Improvements Assessment
£827,556
Total Assessment
£1,214,977
(812) 480-0553

Contact

  • Listing ID: 34189921

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 4411 Washington Ave, Evansville, IN 47714

The Office Property at 4411 Washington Ave, Evansville, IN 47714 is currently available for sale. Contact F.C. Tucker Commercial for more information.

Nearby Listings

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4411 Washington Ave, Evansville, IN for sale Building Photo- Image 1 of 16
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4411 Washington Ave, Evansville, IN for sale Primary Photo- Image 2 of 16
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4411 Washington Ave, Evansville, IN for sale Building Photo- Image 9 of 16
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4411 Washington Avenue Location

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© 2024 CoStar Group

Washington Campus Medical Building | 4411 Washington Ave
(812) 480-0553 x

Washington Campus Medical Building | 4411 Washington Ave

Will Smith

(812) 480-0553

(812) 480-0553

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