This government office building in New Castle, Kentucky offers a stabilized investment opportunity featuring a long-term lease with the Cabinet for Health and Family Services, generating gross annual rent of $30,100 from 2,457 square feet leased at $12.25 per square foot. The property is priced at $330,000, or $134.31 per square foot, and offers an 8.5% cap rate with a lease term running annually through June 30, 2030. The current rent is below market, providing potential upside, and the tenant benefits from 11 on-site parking spaces. Landlord responsibilities are limited to mowing and snow and ice removal.