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711 E 38th St
Indianapolis, IN 46205
Asking Price
$4.89M
Cap Rate
6.75%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
10% Rent Bumps | Net Lease Medical Investment | 6.75% Cap <ul><li>Backed by CVS Health: Oak Street Health was acquired by CVS Health in 2023 for approximately $10.6 billion and now operates as a wholly owned subsidiary, providing significant financial backing and enhanced tenant credit quality.</li><li>Strategic National Expansion: Oak Street Health operates more than 230 centers nationwide and continues to expand its footprint serving Medicare-eligible patients through its value-based care model.</li><li>Mission-Critical Healthcare Location: The In
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NOI
$80,000
Cap Rate
1.64%
DSCR
0.28
Underwater
Cash-on-Cash
-14.34%
Monthly Payment
$24,187.555
Annual Cash Flow
$-210,250.664
