Credit Tenant Medical Office Investment

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30806888
Property Subtypes: Medical, Net Leased, Office Building
Status: Pending/Contingent
Building Size (RSF): 4,472 SF
Gross Building Area: See Agent
Sale Price: $639,000
Unit Price: $142.89 PSF
Property Use Type: Investment
Building Name: Omni Medical Center
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 6/29/2022

Overview / Comments

Great investment opportunity in fantastic building with Class A Tenant in Parkland Neighborhood for sale. UofL Health is the current tenant with 4 years remaining on a 5 year lease with an additional 5 year option. The lease is a modified gross lease structure. This property is a Brownfield Redevelopment Site.

- 10 exam rooms
- X-ray room
- Lab
- 2 Physician's offices
- Large waiting area
- On site surface parking

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 046K00260000
Zoning: C-2 - Commercial District
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2002
Year Renovated: 2021
Roof Type: Flat
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,473 120,211 255,108
Median Age: 34.67 35.31 36.26
Households: 8,005 49,410 108,428
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