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33613795
33613750

8807 East Washington Street, Indianapolis, IN 46219

BB
TX 701324
Matthews
JB
TX 688810
Matthews
Matthews
Listed by Matthews
$2,125,000
4 days on market
Updated 4 days ago

Octapharma Plasma

Details
Property Type Office
Sub Type Medical Office
Square Footage 19,440
Cap Rate 7.75%
NOI $164,657
Occupancy 100%
Tenancy Single
Brand/Tenant CSL Plasma
Lease Type NN
Lease Expiration 10/14/2029
Remaining Term 3.5
Rent Bumps Yes
Lease Options Two, 5-Year
Price per SqFt $109
Year Built 1995
Year Renovated 2014
Acreage 2.890
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2014
Sale Condition 1031 exchange

7.75% Cap | Indianapolis, IN | Octapharma Plasma

Investment highlights

  • ±19,440 SF Plasma Collection Facility | Specialized Medical Use with Significant Tenant Investment in Buildout and Infrastructure
  • Favorable Rent Basis | Current Rent Well below Comparable Medical Market Rates
  • Long-Term Occupancy Since 2014 | Octapharma Has Operated at the Property for More Than a Decade Demonstrating Commitment to the Location
  • Mission-Critical Healthcare Real Estate | Plasma Collection Centers Require Specialized Improvements, Equipment, Staffing, and Regulatory Compliance
  • High Barrier-to-Entry Industry | FDA-Regulated Operations with Extensive Licensing Requirements Limit New Supply and Protect Existing Locations
  • Adaptive Reuse Investment | Property Was Extensively Renovated for Plasma Operations, Including Significant Site and Interior Improvements Prior to Occupancy
  • Strategic Interstate Access | Less Than 1 Mile from the I-465/I-70 Interchange | I-70 Sees ±120,000 Vehicles Per Day and I-465 Sees ±112,000 Vehicles Per Day
  • ±3.3 Years Remaining on Current Lease Term

Tenant Highlights

  • Octapharma Plasma is a Wholly Owned Subsidiary of Octapharma AG, One of the World's Largest Privately Held Manufacturers of Plasma-Derived Therapies
  • National Plasma Collection Network | Operates more than 190 plasma donation centers throughout the United States and Europe
  • Vertically Integrated Business Model | Plasma Cannot Be Synthetically Replicated, Making Collection Centers a Critical Link in the Manufacturing of Life-Saving Therapies Distributed Globally
  • Plasma-Derived Therapies Treat Hundreds of Medical Conditions, including immune deficiencies, bleeding disorders, neurological diseases, and critical care applications

Listing Contacts

BB
TX 701324
Matthews
JB
TX 688810
Matthews
Matthews
Listed by Matthews

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$164,657.00
$13,721.42/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Zoning

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C5 CommercialGeneral CommercialGeneral Commercial District
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kyle Matthews
License
RB17001213, RC52200195 (IN)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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