Outlook Hamilton
12975 Harrell Parkway, Noblesville, IN, 46060, US
Attributes
Building area net
3,959 m²
Occupancy
100%
Year renovated
2022
WAULT
17 years
Beds
64
Description
JLL is pleased to offer for sale the fee simple ownership interest in the 64-bed Medical Behavioral Hospital of Indianapolis (the “Property”) located in the Indianapolis metro area town of Greenwood, Indiana. Comprising 42,000 square feet and newly constructed in 2022, the Property is a general acute care psychiatric hospital operated by NeuroPsychiatric Hospitals (“NPH”), an established operator with nine hospital locations providing some of the most novel, innovative and comprehensive approaches to complex behavioral medical care. Opened as a strategic expansion to help with a backlog of patients at its existing Indiana campuses, the facility serves to broaden NPH’s service area further into Southern Indiana, Kentucky, and Ohio. Since opening in July 2022, the Property has ramped up operations quickly and is now needing to add a wing to meet the increased bed needs.
NPH has a lease amendment in execution form that will expand the facility by 7,475 square feet and 24 beds.
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Investment Highlights
- New construction, best-in-class acute psychiatric hospital in a desirable U.S. metro
- Exceptional lease term remaining of 17 years
- Tenant has an execution ready amendment to expand the property by 7,475 square feet
- NeuroPsychiatric Hospitals is an established and growing provider of behavioral health services with nine locations
- Strategically located within an established healthcare node just one mile from the 209-bed Saint Francis Hospital and Health Center
- High-quality buildout includes semi-private and private patient rooms, onsite pharmacy, as well as therapy and activity rooms
Media
Medical Behavioral Hospital of Indianapolis (0 Properties)
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Last updated
21 Aug 2025