Contacts

Matt Carroll

ALO Property Group

Property Details

Property Type Office - Medical Office
Property Size 10,000 SF
Lot Size 1.12 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 47
Property Tenancy Single Tenant
Building Class B
Year Built 1981
Year Renovated 2014
Date Updated Nov 15, 2024

This premier surgery center is the only independent surgery center in Indianapolis. The property is strategically located on the northeast corner of N Capitol Avenue and W 20th Street, placing it across the street from Indiana University Health’s campus. The property's unparalleled access to major thoroughfares, along with its close proximity to healthcare facilities, retail centers, and interstate highways, offers exceptional convenience for both doctors and patients.Encompassing approximately 10,000 square feet, this independent Surgery Center is fully occupied by Capitol Street Surgery Center LLC whose surgical specialties are ambulatory in nature. This opportunity boats optimal return potential with a 15-year leaseback upon completion of the sale, making it a strategic acquisition for investors seeking a recession resistant asset with a long-term stabilized NOI. The property is specifically designed and equipped for ambulatory surgery purposes inclusive of preoperative areas, full-service operating rooms, post-surgery recovery areas, radiographic imaging room, and medical office suites.

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Highlights

Ambulatory surgery center featuring extensive on-site equipment including radiographic imaging and fully equipped operating rooms.
Situated next to IU Health’s downtown campus, offering strong demographics and high traffic counts.
4.7/1,000 Parking Ratio
The only independent surgery center in Indianapolis.

Getting around

61/100
Walk Score ®
51/100
Transit Score ®
70/100
Bike Score ®

Powered by Walk Score ®

City Indianapolis, IN
Neighborhood Herron - Morton Place
Zip Code 46202
Market Indianapolis

Points of Interest

Marathon

1.01 miles
Shell

1.17 miles
Tesla Destination Charger

1.39 miles
Mobil

1.56 miles
ChargePoint

1.56 miles
Phillips 66

1.66 miles
BP

1.78 miles
Tesla Supercharger

1.95 miles
Clark

2.13 miles
Electrify America

7.64 miles

Circle City Residential Parking

0.72 miles
Indy Flats Residential Parking

0.76 miles
Julia M. Carson Learning Resource Center & Parking Garage

0.87 miles
Childrens Museum Parking Garage

1.22 miles
Parking Lot 92

1.26 miles
Parking Lot 69

1.31 miles
Gateway Parking Garage

1.33 miles
Parking Lot 73

1.33 miles
Lockefield Parking Garage

1.33 miles
Blackford Parking Garage

1.37 miles

Bottleworks Hotel

1.35 miles
Nestle Inn

1.37 miles
Homewood Suites by Hilton Indianapolis Downtown IUPUI

1.42 miles
Hampton Inn Indianapolis Downtown IUPUI

1.44 miles
Oakwood at Canal Square

1.50 miles
Courtyard Indianapolis at the Capitol

1.50 miles
Residence Inn Indianapolis Downtown on the Canal

1.50 miles
Marblehead

1.57 miles
Sheraton Indianapolis City Centre Hotel

1.66 miles
Hilton Indianapolis Hotel & Suites

1.70 miles

Kroger

0.75 miles
Cleo's Bodega Grocery & Cafe

0.76 miles
Dollar General Market

1.44 miles
Needler's Fresh Market

1.57 miles
TJ Maxx

1.75 miles
Whole Foods Market

1.79 miles
Carson's

1.87 miles
Circle Center Mall

1.91 miles
Teacher's Treasures

1.94 miles
Dear Mom

2.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

2007 N Capitol Ave