DaVita Newburgh

4311 State highway , Newburgh, IN 47630

Property Information

  • For Sale $3,135,000
  • Property Type Office - Medical Office
  • Property Size 12,500 SF
  • Units 2
  • Lot Size 3.18 Acre
  • Parking Spaces Avail. 89
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1977
  • Year Renovated 2023
  • Date Updated Jun 9, 2026

Description

Discover the strategic advantages of investing in the thriving Evansville / Newburgh, Indiana market, where the property awaits. Situated in close proximity to Indiana 66 and Interstate 69 transportation corridors and vibrant commercial districts, the location offers unparalleled convenience for businesses and customers alike. The area boasts a robust economic landscape, supported by a diverse range of manufacturers, industries, educational institutions, and healthcare facilities. With an emphasis on healthcare, the Evansville / Newburgh area serves at the medical services hub for the tri-state area. This facility is ideally located for continued medical services and it presents an exceptional opportunity for office investors seeking a promising and well-connected locale.SVN | The Martin Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a two-tenant, medical center investment property located in Newburgh, Indiana (Evansville MSA). The property is divided into two suites with DaVita Dialysis currently occupying approximately 9,672 SF of the 12,172 SF leasable area. The other space is occupied by a complimentary wellness center. The WALT is 5.05 with both tenants possessing multiple five-year renewal options. The lease features annual 3% rental increases. Founded in 1994, DaVita Dialysis is one of the largest providers of kidney care in the U.S. and has been a leader in clinical quality and innovation for more than two decades.

Highlights

  • 100% occupancy
  • 6.9% CAP Rate
  • DaVita Suite partially remodeled in 2022 / 2023.
  • DaVita tenancy since 2009, with term extended to 2030
  • Only dialysis provider in Warrick and Spencer County
  • Strong dialysis demand within the region
  • WALT 5.05 years

Contacts

Richard Clements

SVN | The Martin Group

Location

Contact Listing Broker
Richard Clements

SVN | The Martin Group

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