Catylist ID:
#30638410
| Catylist Listing ID: | 30638410 |
| Property Subtypes: | Executive Suites, Medical, Office Building |
| Building Size (RSF): | 16,486 SF |
| Sale Price: | $2,500,000 |
| Unit Price: | $151.64 PSF |
| Property Use Type: | Net Leased Investment (NNN) |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/21/2020 |
Overview / Comments
|
We are pleased to present this opportunity for an investor or end-user to purchase two medical office buildings behind Georgetown Community Hospital in Georgetown, KY. There is current income with the opportunity for a medical end-user to take up to 3,100 sf. Some tenants' leases have been in place since the buildings' construction and others have recently been renewed. Windsor Path is conveniently located along the Georgetown Bypass (McClellan Circle) only 0.2 miles from Lexington Road and less than a mile to the Kroger Pharmacy and Marketplace. This property is also available for lease. Highlights: 103 Windsor Path - 7,000 sf | 105 Windsor Path - 9,486 sf Conveniently located near Georgetown Community Hospital and Kroger Marketplace Easy Access to Lexington Road and McClellan Circle 1.17 Parking Spots per 300 sf 1,500 - 3,100 sf Available for a Professional or Medical End-User |
Attachments & Media
Financials
| Finance Data Year | 2020 |
|---|---|
| Real Estate Taxes - Annual($) | $26,627 (Annual) |
| Net Operating Income | $201,439 (Annual) |
Current Tenants
| Tenant Business Name | Neuro Restorative |
| Is Renting? | Yes |
| Suite Number | 1,2,5 |
| SF of Space Occupied | 6,000 SF |
| Tenant Business Name | Edward Jones |
| Is Renting? | Yes |
| Suite Number | 6 |
| SF of Space Occupied | 1,000 SF |
| Tenant Business Name | Bluegrass Behavioral |
| Is Renting? | Yes |
| Suite Number | 1 |
| SF of Space Occupied | 1,876 SF |
| Tenant Business Name | Dr. Padma Rao |
| Is Renting? | Yes |
| Suite Number | 2 |
| SF of Space Occupied | 1,485 SF |
| Tenant Business Name | Beaumont Behavioral |
| Is Renting? | Yes |
| Suite Number | 5&6 |
| SF of Space Occupied | 3,025 SF |
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Scott |
| Tax ID/APN: | 168-30-097.002 |
| Zoning: | P-1B |
| Property Visibility: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,700 | 27,921 | 37,889 |
| Median Age: | 32.4 | 32.87 | 33.99 |
| Households: | 2,593 | 10,387 | 13,173 |
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