4505 Lucky Strike Loop - Medical FOR SALE


Owensboro, KY 42301
$1,805,340 USD
714-356-2682
4505 Lucky Strike Loop, Owensboro, KY for Sale
$1,805,340 USD
Medical - FOR SALE
1/18
null | 8.5% Cap Rate

4505 Lucky Strike Loop
Owensboro, KY 42301


HIGHLIGHTS

  • 1 of 3 Investments - Can be purchased individually or as a portfolio (Spero - Hazard, KY / Spero - Owensboro, KY / and Spero - Jeffersonville, IN).
  • 100% Occupied & Corp. Guaranteed - Spero Health is one of the largest office-based opioid treatment providers in the U.S., with 95+ locations.
  • NN Lease Structure – Minimal landlord responsibilities – Roof, Structure, and HVAC replacements that exceed over $1,500 in initial term only.
  • Newer Construction – Build-To-Suit in 2019.
  • Prime Healthcare Location – Strategically positioned near Owensboro Health Regional Hospital, a 477-bed acute care facility.
  • Strategically Located In Major Retail Corridor - The property is located blocks away from the area’s major retail corridor.

OVERVIEW

Cook Commercial Partners is pleased to present the Spero Health outpatient clinic in Owensboro, Kentucky. This 4,508-square-foot, single-tenant facility was build-to-suit in 2019 to meet the tenant’s specifications. This investment opportunity features four and half years of term remaining on the initial 10-year lease term, with two additional five-year renewal options, providing long-term stability. The lease structure is NN, offering minimal landlord responsibilities, and is corporately guaranteed by Spero Health, Inc., a leading provider of outpatient addiction treatment. Spero Health is an integrated healthcare services organization specializing in local, affordable, and evidence-based treatment for individuals struggling with substance use disorder. With a strong commitment to community care and a growing national presence, Spero Health continues to expand its reach in the fight against the opioid epidemic.

FOR SALE DETAILS

PRICE

$1,805,340 USD

PRICE/SF

$326 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spero Health

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

-

APN/PARCEL ID

003-12-35-003-A0-000

ASK ABOUT THIS PROPERTY

Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

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Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

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