140 Stonecrest Rd - Medical FOR SALE
Shelbyville, KY 40065 |
$1,925,000 USD
262-672-8388
140 Stonecrest Rd
Shelbyville, KY 40065
HIGHLIGHTS
- Anchored by Baptist Health – A Leading Regional Healthcare System – Baptist Health Medical Group occupies two suites
- 100% Leased Multi-Specialty Medical Tenancy – The building is fully occupied by a complementary mix of specialties including primary care, ENT
- Established Medical Corridor Location – Situated along Stonecrest Road in Shelbyville, the property benefits from proximity to multiple Baptist Health
- Excellent Market Fundamentals – Shelbyville offers stable suburban growth with expanding households, a rising service and healthcare employer base
- Attractive Basis Relative to Replacement Cost – At a price of approximately $170 per square foot, the property offers an appealing basis
FOR SALE DETAILS
PRICE
$1,925,000 USD
PRICE/SF
$160 USD /SF
CAP RATE
6.96%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Medical Office Building - 100% Leased
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.94 AC
LAND SF
40,946 SF
ZONING
C
APN/PARCEL ID
041-00-004M
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262-672-8388
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262-672-8388
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