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: |
4/5/2021 |
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.
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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 |
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 |
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