Leased 1st Floor Office Condo Unit

Office for Sale
Catylist Listing ID: 30679522
Property Subtypes: Business Park, Executive Suites, Governmental, Office Building, Other
Building Size (RSF): 832 SF
Gross Building Area: See Agent
Sale Price: $139,900
Unit Price: $168.15 PSF
Property Use Type: Investment
Class of Space: Class B
Usable Size (USF): 832 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/15/2021

Overview / Comments

Premium, first floor office unit located in the established "Real Estate Place" development is now available for sale! Located on Timberwood Circle, just off of Hurstbourne Parkway, in a central, established development full of professional office users. This unit has been leased on a one year term with one year renewal option at a rate of $1,050 per month on modified gross terms. There are two private/ executive offices, one conference room, a waiting area/ receptionist area, kitchenette, supplies/working area with several built-ins for storage, as well as a full restroom, with a shower. Each unit in this development includes a storage unit located in the basement level.

Monthly dues are approximately $225 per month, includes water, sewer, trash, common area maintenance and exterior maintenance.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 198700080000
Zoning: OR-3 - Office/Residential District
Property Visibility: Excellent
Year Built: 1998
Year Renovated: 2020
Parking Type: Surface
Parking Description: Open parking, surface lot
Zoning Description: OR-3, Office/ Residential District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,804 88,561 218,845
Median Age: 42.15 40.7 40.4
Households: 5,811 39,203 94,011

Contact

Photograph of Listing Agent

Amanda Helfrich

Homepage Realty KCREA Member
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