5522 Taylor Mill Rd - Medical FOR SALE
Taylor Mill, KY 41015 |
$1,800,000 USD
832-515-4062
5522 Taylor Mill Rd
Taylor Mill, KY 41015
HIGHLIGHTS
- Fully occupied medical outpatient property leased to a national behavioral healthcare provider.
- Net lease structure with tenant responsibility for operating expenses and maintenance.
- Annual rent increases provide contractual income growth.
- Located near Interstate 275 with access to the Cincinnati metropolitan area.
- Includes two parcels totaling approximately 2.39 acres.
- Positioned within a growing Northern Kentucky healthcare service market.
OVERVIEW
Lee & Associates is pleased to offer for sale the fee simple interest in 5522 Taylor Mill Road, in Taylor Mill, Kentucky. It is a single tenant medical office building of 11,355 square feet that is on two separate lots totaling 2.39 acres. It is leased to Cultivate Behavioral Health & Education, https://cultivatebhe.com, a national behavioral health group. The lease is a Triple Net lease with approximately 3 years of term remaining.
FOR SALE DETAILS
PRICE
$1,800,000 USD
PRICE/SF
$159 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taylor Mill Professional
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
2.39 AC
LAND SF
104,108 SF
ZONING
PO
APN/PARCEL ID
058-30-00-241.00,058-40-00-103.01
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832-515-4062
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832-515-4062
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