3221 Summit Square Place - For Sale
Office
for Sale
| Catylist Listing ID: |
30857997 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
10,308 SF
|
| Gross Land Area: |
0.59 Acres
|
| Sale Price: |
$1,675,000 |
| Unit Price: |
$162.50 PSF |
| Property Use Type: |
Investment |
| Building Name: |
3221 Summit Square Place |
| Class of Space: |
Class B |
| Usable Size (USF): |
10,308 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/24/2024 |
Overview / Comments
|
Fully occupied office building for sale. This 10,308 square foot free standing office building is located at 3221 Summit Square Place near the corner of Richmond Road and Man O' War Blvd. Suite 200 is leased to Central Kentucky Eye care & Wellness and Suite 100 is leased to Busy Bee Occupational Therapy. Great investment opportunity with 2 great tenants.
|
Current Tenants
| Tenant Business Name |
Central Kentucky Eyecare |
| Is Renting? |
Yes |
| SF of Space Occupied |
5,150 SF |
| Current Rent |
$15 PSF (Annual) |
| Lease Expiration |
3/2027 |
| Tenant Business Name |
Busy Bee Occupational Therapy, PLLC |
| Is Renting? |
Yes |
| Annual Revenue |
$14 (Annual) |
| SF of Space Occupied |
5,100 SF |
| Current Rent |
$14 PSF (Annual) |
| Lease Expiration |
9/2026 |
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
38124850 |
| Zoning: |
P-1 PROFESSIONAL OFFICE |
| Property Visibility: |
Fair |
| Highway Access: |
I-75 |
| Airports: |
Bluegrass Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
5,154 SF |
| Year Built: |
2004 |
| Roof Type: |
Gable |
| Parking Type: |
Surface |
| Parking Description: |
Cross easement parking |
| Sprinklers: |
Wet |
| Zoning Description: |
Professional Office |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
15,169 |
95,968 |
202,485 |
| Median Age: |
30.96 |
34.75 |
34.52 |
| Households: |
7,359 |
43,501 |
87,571 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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