200 City Hill Dr - Medical FOR SALE


London, KY 40741
$1,900,000 USD
717-514-6390
200 City Hill Dr, London, KY for Sale
$1,900,000 USD
Medical - FOR SALE
1/57
null | Request Cap Rate

200 City Hill Dr
London, KY 40741


OVERVIEW

JDS Real Estate Services, Inc., in conjunction with Zeustra Healthcare Real Estate Advisors – Out-of-State Cooperating Broker, is pleased to present the exclusive opportunity to acquire 200 City Hill Drive in London, Kentucky—a Premier Class A Medical Office Building offered for sale as either an owner-user opportunity or investment acquisition. The property is ±10,899 usable square feet and features approximately ±6,000 square feet of available second-floor space, ideally suited for an owner-user seeking a fully built-out, turnkey medical suite for immediate occupancy, while also offering investors the ability to lease-up the vacancy and create value. The building showcases a striking two-story atrium lobby with expansive glass lines, abundant natural light, and institutional-quality finishes throughout, creating a highly professional, patient-centric environment. Designed with both aesthetics and functionality in mind, the property offers efficient circulation, modern common areas, and a high-end medical setting consistent with premier healthcare facilities. Currently 45% occupied, the property is anchored by established tenants including White-Greer-Maggard Orthodontics – Fusion Management, LLC and Jenkins and Morrow, PLLC, providing stable in-place income and long-term tenancy. The remaining vacancy, newly introduced to the market for lease, presents a compelling opportunity to enhance cash flow through lease-up. Strategically located in close proximity to the Route 192 retail corridor and Interstate 75, the property benefits from strong accessibility and visibility, as well as its proximity to CHI Saint Joseph Health – London, a regional hospital and major employer. The combination of institutional-quality construction, in-place tenancy, and near-term value-add potential positions 200 City Hill Drive as a highly attractive opportunity for both healthcare providers and investors seeking a presence in one of Southeastern Kentucky’s established medical corridors.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.91 AC

LAND SF

170,320 SF

ZONING

-

APN/PARCEL ID

062-00-00-085.00

ASK ABOUT THIS PROPERTY

Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

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Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.