HIGHLIGHTS
- NNN medical office investment with ±9.1-year WALT and 2%-3% annual rent increases.
- Anchored by Paradigm Oral Health and Blue Cloud Surgery Center, both national operators.
- 7.22% cap rate with $479,051 NOI and $6,634,621 list price for strong yield.
- Dense Louisville demographics with 240,000+ residents within 5 miles.
- Build-to-suit construction completed in 2014 for specialized healthcare use.
- Strategic location near Home Depot-anchored center and major national retailers.
FOR SALE DETAILS
PRICE
$6,634,621 USD
PRICE/SF
$521 USD /SF
CAP RATE
7.22%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,315 SF
ZONING
(OTF) & (O
APN/PARCEL ID
082B02570000
ASK ABOUT THIS PROPERTY
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773-219-0964
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773-219-0964
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