76 C Michael Davenport Ave
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30763569 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
5,708 SF
|
| Gross Land Area: |
0.68 Acres
|
| Sale Price: |
$599,000 |
| Unit Price: |
$104.94 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
76 C Michael Davenport Ave |
| Class of Space: |
Class B |
| Usable Size (USF): |
5,708 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/24/2024 |
Overview / Comments
|
5,708 square foot office building with four suites sitting on .68 acres of land for sale in Frankfort, Kentucky. This property is zoned CL (Limited Commercial) and can accommodate retail and office users. Edward Jones, Compass Physical Therapy and Commonwealth Policy Center currently lease units in the property with one vacant unit that was a restaurant and has a full hood system in place.
|
Current Tenants
| Tenant Business Name |
Compass Physical Therapy |
| Is Renting? |
Yes |
| Suite Number |
B |
| SF of Space Occupied |
1,114 SF |
| Current Rent |
$11,025 PSF (Annual) |
| Lease Expiration |
10/2022 |
| Tenant Business Name |
Edward Jones |
| Is Renting? |
Yes |
| Suite Number |
C |
| SF of Space Occupied |
1,244 SF |
| Current Rent |
$15,000 PSF (Annual) |
| Lease Expiration |
4/0030 |
| Tenant Business Name |
Compass Physical Therapy |
| Is Renting? |
Yes |
| Current Rent |
$10,200 PSF (Annual) |
| Lease Expiration |
12/2022 |
Additional Details
| Nearest MSA: |
Frankfort |
| County: |
Franklin |
| Tax ID/APN: |
036-00-00-011.06 |
| Zoning: |
CL - LIMITED COMMERICAL |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
5,708 SF |
| Year Built: |
1997 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Total Parking Spaces: |
33 |
| Zoning Description: |
CL Commercial Limited |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,198 |
19,028 |
34,461 |
| Median Age: |
37.57 |
41.46 |
38.91 |
| Households: |
1,513 |
8,328 |
14,469 |
|
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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.
|
