St. Matthews Healthcare Plaza for Sale

Office for Sale
Catylist Listing ID: 30837177
Property Subtypes: Medical, Office Building
Building Size (RSF): 23,235 SF
Gross Building Area: See Agent
Gross Land Area: 1.76 Acres
Sale Price: $4,950,000
Unit Price: $213.04 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 4/29/2024

Overview / Comments

Great opportunity to purchase a 100% leased multi-tenant medical office building in the heart of St. Matthews. Signalized intersection at Shelbyville Rd & Thierman Ln for easy access, excellent visibility, tons of parking, many recent renovations in 2021, and the potential ability to add an additional 4,000 +/- Sq. Ft. at the front facing Shelbyville Rd.

Current NOI: $339,930.40 +/-
Annual increases in place for the existing tenants as well as bill-backs for CAM overages over a base year.

Many nearby amenities including shopping, dining, fitness facilities, and more. Please call with any questions or to schedule a tour.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 002801010000
Zoning: OR-2 - Office/Residential District
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1960
Year Renovated: 2021
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,520 108,478 275,247
Median Age: 39.45 41.73 40.46
Households: 6,212 50,341 123,472

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