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1601 Lafayette Rd

8,387 SF 100% Leased Office Building Crawfordsville, IN 47933 $1,582,200 CAD ($189 CAD/SF) 6.62% Cap Rate

Investment Highlights

  • Heavy Traffic
  • High Quality Construction
  • Easy Parking

Executive Summary

The Marquis Group is pleased to present 1601 Lafayette Rd, Crawfordsville, IN. This prime medical investment is on 231 in Crawfordsville near I-74. It has 2 well established tenants. The lot is 2.63 A, and has a well maintained lot both in front and behind the building. The lot offers potential for another building. The building is 8387 sq ft with a large basement. It is well constructed with high quality materials including copper gutters, and solid wood doors.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Building Size
8,387 SF
Building Class
A
Year Built
2005
Price
$1,582,200 CAD
Price Per SF
$189 CAD
Cap Rate
6.62%
NOI
$104,729 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,387 SF
Building FAR
0.07
Land Acres
2.63 AC
Zoning
C - Commercial
Parking
44 Spaces (6.77 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Outdoor Seating
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 4,511 SF
  • $17.87 CAD
  • Net
  • Apr 2028

Pinnacle Dermatology is the nation's premier destination for comprehensive skincare. They are the largest female-founded and owned dermatology network in the U.S. Thanks to her vision for a dermatology model that provided higher standards of patient care, Pinnacle Dermatology founder Dr. Paula Lapinski laid the foundation for who we are today. Their commitment to excellence extends across dermatology, skin cancer care, cosmetics, plastic surgery, and pathology. With a team of hundreds of skilled dermatologists and skin-care experts, and locations across the U.S., they deliver top-notch dermatological care and convenient access, ensuring an unparalleled patient experience. At Pinnacle Dermatology, they prioritize your skin health and aesthetic goals, offering a transformative journey toward lifetime wellness. Experience skincare excellence where satisfaction meets commitment.

  • Health Care and Social Assistance
  • 1,351 SF
  • $12.64 CAD
  • Net
  • May 2026

Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, their diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, in the right hands and with the right context, their diagnostic insights can inspire actions that transform lives.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 4,511 SF $17.87 CAD Net Apr 2028
Health Care and Social Assistance 1,351 SF $12.64 CAD Net May 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
54-07-30-100-018.000-024
Land Assessment
$186,744 CAD
Improvements Assessment
$2,011,922 CAD
Total Assessment
$2,198,666 CAD
  • Listing ID: 33842183

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 1601 Lafayette Rd, Crawfordsville, IN 47933

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