Marcus & Millichap closed the sale of MedMark Medical Center, a 12,750-square-foot medical office located in Lafayette, Indiana. The property sold for $2.6 million with a 6.6 percent cap rate. Three and a half years remain on the NN lease term with one additional five-year optional renewal. MedMark Medical Center, located at 4705 Meijer Court, occupies a 3.48-acre lot in Lafayette, Indiana, home to Purdue University.
Read the full article: M&M Arranges Sale of Medical Office Building in Indiana //
Source: https://www.connectcre.com/stories/mm-arranges-sale-of-medical-office-building-in-indiana/