726 Harvard Dr - Office FOR SALE


Owensboro, KY 42301
$621,000 USD
270-926-1101
726 Harvard Dr, Owensboro, KY for Sale
$621,000 USD
Office - FOR SALE
1/16
null | 7.51% Cap Rate

726 Harvard Dr
Owensboro, KY 42301


HIGHLIGHTS

  • Long-Term, Committed Tenant: Benchmark Family Services
  • Essential, Government-Backed Service Provider
  • Net Lease Structure: Tenant is responsible for all maintenance, repairs, etc.
  • Predictable Rent Growth: CPI-adjusted increases apply at the start of each renewal term

OVERVIEW

Benchmark Family Services (BFS) is a long-established, multi-state behavioral health and treatment foster care organization founded in 1999 and operating across Ohio, Kentucky, West Virginia, and South Carolina. Their services—funded primarily through state contracts, Medicaid reimbursements, and essential child-welfare programs—place them in one of the most stable, recession-resistant sectors of the nonprofit and healthcare landscape. Demand for treatment foster care remains consistently high nationwide, creating steady, government-backed revenue streams that support long-term operational continuity. BFS’s 25+ years of growth, regulatory compliance, and multi-state footprint underscore their organizational maturity and financial reliability. As a tenant, BFS demonstrates exceptional stability and performance. They have maintained 4+ years of flawless, on-time rent payments at this location and recently exercised their renewal option for an additional three-year term through August 31, 2028—clear evidence of their commitment to the site and its importance to their service model. Agencies like BFS rarely relocate due to licensing, staffing, and operational requirements, making them inherently sticky, long-term occupants. Their mission-critical work, consistent funding streams, and proven lease performance make Benchmark Family Services an exceptionally strong and dependable tenant for investors seeking durable income and low operational risk.

FOR SALE DETAILS

PRICE

$621,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Small STNL Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

B-4

APN/PARCEL ID

004-16-11-006-B0-000

ASK ABOUT THIS PROPERTY

Bo BarronBarron Commercial GroupMore Info
270-926-1101

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

Bo BarronBarron Commercial GroupMore Info
270-926-1101

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