Catylist ID:
#30704851
| Catylist Listing ID: | 30704851 |
| Property Subtypes: | Executive Suites, Mixed Use, Office Building |
| Building Size (RSF): | 8,909 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,000,000 |
| Unit Price: | $112.25 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: | Danville Professional Office Portfolio |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/16/2021 |
Overview / Comments
|
We are pleased to bring to market this fully renovated professional office portfolio in the beautiful and quaint city of Danville, KY. The portfolio consist of four (4) total buildings all of which are contiguous property. The improvements sit just south of Ephraim McDowell Medical Center and Downtown Danville on South Fourth Street which sees over 7,000 vpd. The properties were purchased between 2013 and 2016 and have been renovated from floor to ceiling. 461 S . Fourth Street has two building on the lot. The first building is 3,487 sf and consist of a welcoming lobby, 14 private offices, conference room, employee breakroom, and four restrooms throughout. The second building is 1,456 sf and consist of a large conference room, 2 private offices and a breakroom. 463 S Fourth Street is the smallest of the four offices at 1,081 sf. It consist of 5 private offices and a single restroom. 465 S Fourth Street is a two story office consisting of an inviting lobby area, large conference room, 9 private offices, breakroom, and multiple restrooms throughout. While the preference of the ownership is to sell the properties together, conversations regarding single buildings are welcome. Highlights: Fully Renovated Office Portfolio Available For Lease 10.00/sf/yr NNN 8,909 SF (individual building sizes below) Ample Parking Also Available For Lease |
Attachments & Media
Additional Details
| Nearest MSA: | Danville |
| County: | Boyle |
| Tax ID/APN: | D14-004-012 |
| Zoning: | COMMERCIAL |
| Property Located Between: | Centre College and Ephraim McDowell Hospital |
| Property Visibility: | Excellent |
| Total Number of Buildings: | 4 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,845 | 13,809 | 25,246 |
| Median Age: | 29.54 | 38.68 | 39.97 |
| Households: | 1,632 | 5,493 | 9,829 |
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