Landmark Community Newspaper
Office
for Sale
| Catylist Listing ID: |
30867760 |
| Property Subtypes: |
Net Leased, Office Building
|
| Building Size (RSF): |
19,788 SF
|
| Gross Land Area: |
1.96 Acres
|
| Sale Price: |
$1,300,000 |
| Unit Price: |
$65.70 PSF |
| Ceiling: |
10 ft. |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Class of Space: |
Class B |
| Usable Size (USF): |
19,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/26/2024 |
Overview / Comments
Investment office building with 6,500 SF SF leased on Floor 1 to Traditional Bank until February 28, 2025, 6,500 SF leased on Floor 2 to Associates in Pediatric Therapy until February 28, 2026 with a right of first refusal to purchase for 48 hours and 6,000 SF for lease on the Lower Level near I-64 in rapidly growing Shelbyville, Kentucky between Louisville and Lexington.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Shelby |
| Submarket Type: |
Suburban |
| Taxing Authority: |
City of Shelbyville; Shelby County |
| Tax ID/APN: |
041-00-023 |
| Zoning: |
I-2 - Industrial – Heavy |
| Property Located Between: |
Louisville and Lexington |
| Property Visibility: |
Good |
| Highway Access: |
Two miles from I-64 |
| Airports: |
Louisville International Airport; Bowman Field |
| Site Description: |
Rolling |
| Area Description: |
Office, industrial and retail. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
6,500 SF |
| Year Built: |
1988 |
| Year Renovated: |
2024 |
| Roof Type: |
Other |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Paved and striped. |
| Total Parking Spaces: |
66 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Other |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Offices and storage. |
| Zoning Description: |
I-2 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
812 |
12,340 |
25,873 |
| Median Age: |
40.74 |
33.62 |
35.59 |
| Households: |
322 |
4,558 |
9,516 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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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