Catylist ID:
#29542856
| Catylist Listing ID: | 29542856 |
| Property Subtypes: | Executive Suites, Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building, Research & Development |
| Building Size (RSF): | 60,000 SF |
| Gross Land Area: | 2 - 2.25 Acres |
| Sale Price: | $3,600,000 |
| Unit Price: | $60 PSF |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Building Name: | Business Breckenridge Center |
| Class of Space: | Class B |
| Usable Size (USF): | 55,000 SF |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Cap Rate: | 5.25% |
| Last Updated: | 1/24/2023 |
Overview / Comments
|
New price with 3 new leases. $3,6million dollars, Owner financing may be available to qualified parties a below bank rates. Perfect for Owner-User or investment, with existing revenue in place. 60,000 sq.ft. office building for sale, with lots of updates and amenities. Consisting of 4 floors, 15,000 each. Building has been remodeled and refurbished (beginning in 2009), including: new roof, new chiller, new water-re circulation tower, modernized and updated elevators. The 1st, 3rd and 4th floors have new electrical, new carpet, new drywall, and newly remodeled restrooms. The second floor has been demo for either a call center or schools as well as office suites. Centrally located on the corner of Bardstown Rd and Breckenridge Lane. Located near the bus route, 15 minutes from airport, 10 minutes from expressways 2-26 and 2-65. Ample parking and can accommodate 220+ vehicles. Parking ration of 4/5 to 1 parking.( Approximately 1.75 +or- acres of land.) Zoned C-1. Sales price is below market at $54 per square feet. Reproduction cost with land is approximately $6,500,000 to 8 million with land and building. This is a steal for owner user, or investor. At the current rentals the cap The actual GRI is $304,000. The PGI is based on 60,000sq ft @ $12 per =$720,000 Call Mark Suna: 502.500.0680 or Terri Felker: 502.345.8425 |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 004404010000 |
| Zoning: | C-1 - Commercial District |
| Property Visibility: | Excellent |
| Land Ownership: | The broker has ownership in this building. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,794 | 126,326 | 269,316 |
| Median Age: | 39.69 | 37.91 | 38.89 |
| Households: | 4,563 | 53,363 | 116,064 |
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