4925 Scatterfield RdAnderson, IN 46013
High-Yield Medical Retail Property, 8.25% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 91
Highlights
- 3,525 SF retail building in Anderson, Indiana, 100% occupied by CleanSlate Outpatient Addiction Medicine.
- CleanSlate's lease extends to November 2028, with a five-year option, and includes 3% annual rent increases and expense reimbursements.
- High-visibility location on Scatterfield Road, a major retail corridor with approximately 25,000 vehicles daily, directly across from a Walmart Supercenter.
- Strong tenant: CleanSlate operates 74 locations nationally, with 17 in Indiana; the current tenant has occupied the property since 2016.
- Excellent surrounding retail amenities including Kohl's, Lowe's, and Hobby Lobby, plus proximity to Harrah's Hoosier Park Casino Racetrack.
- Strong demographics: 65,131 residents within a five-mile radius.
Property Details for 4925 Scatterfield Rd
- Property type
- Other retail properties, Medical space
- Square Feet
- 3,525 SF
- Year Built/Renovated
- 1995/2016
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 37,897 SF
Location Insight
- City
- Anderson
- County
- Madison
- State
- Indiana
- Latitude
- 40.064565
- Longitude
- -85.653463
Nearby Similar for Sale
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