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613 Teton Trail, Frankfort, KY

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613 Teton Trail

Frankfort, KY 40601


Property Type:Office Sub Type:- Status:Existing Year Built:1973
Stories:1 Typical Floor:7,500 SF Building Size:7,500 SF
% Leased:
For Sale Price:$399,000 Price/SF:$53.20
Cap Rate:11.00 %
Smallest Space:7,500 SF Largest Space:7,500 SF Total Space Avail:7,500 SF Rent/SF/Yr:
$6.40
Parking:Free Surface spaces are available; Ratio of 8.45/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
7,500 SF
$6.40/SF/Yr
Vacant
Negotiable
Office
 
8082269
Space Notes Space Notes


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
7,500 SF
$6.40/SF/Yr
Vacant
Negotiable
Office
1 Mile Population 6,747 1 Mile Avg Income $61,503
3 Mile Popluation 25,004 3 Mile Avg Income $60,382
5 Mile Population 36,737 5 Mile Avg Income $61,588

Amenities/Incentives:
Flat- wheel chair accessible throughout, Central Air, Kitchen

Sale Notes:
Located in an active business corridor in Frankfort's most populated residential area.
Just off Wilkinson Blvd/Versailles Rd, 1/2 mile from Main Street, 2 Miles from Leestown Rd, 3 Miles from I-64

Great investment opportunity. This building is in excellent condition and is currently occupied by a local day care center (opening February 1, 2013). Three year lease is in place until February of 2016.

Tenant is paying $42,000/year, yielding an 11% return at the asking price of $399,000.

Haymaker/Bean Commercial Real Estate
Stephen G Bean
(859) 685-3027
View all my listings

Haymaker/Bean Commercial Real Estate
Stephen G Bean
(859) 685-3027
View all my listings


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