Catylist ID:
#30638410
| Catylist Listing ID: | 30638410 |
| Property Subtypes: | Executive Suites, Medical, Office Building |
| Building Size (RSF): | 16,486 SF |
| Gross Land Area: | 0.75 Acres |
| Sale Price: | $2,900,000 |
| Unit Price: | $175.91 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.61% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 11/22/2021 |
Overview / Comments
|
We are pleased to present this opportunity to purchase two medical office buildings adjacent to Georgetown Community Hospital in Georgetown, KY. The properties are fully leased to a diversified mix of local and regional tenants including Neurorestorative and Georgetown Community Hospital. Georgetown's record-breaking population growth and the nearby hospital's recent expansion make this an attractive investment for years to come. Contact listing agent for Confidential OM with financial documents. HIGHLIGHTS: Diversified Tenant Mix Located near Georgetown Community Hospital and Kroger Marketplace Easy Access to Lexington Road, McClellan Circle and New Residential Development 103 Windsor Path - 7,000 sf | 105 Windsor Path - 9,486 sf | Total - 16,486 sf |
Attachments & Media
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 |
| Area Description: | Georgetown, Kentucky, located 10 miles north of Lexington off I-75, is the county seat of Scott County as well as the home of Georgetown College, a private liberal arts college. Georgetown is very proud of its heritage and excited about the tremendous growth the city has experienced in the last few years. Scott County is the fastest growing county in Kentucky with population now exceeding 50,000 per the US Census Bureau estimate. Since the opening of Toyota Motor Manufacturing, employment has risen; the City, County, and School System have prospered; Toyota is a wonderful asset to the community and a huge reason for the growth of the town. Georgetown is fortunate to have the finest of Fire, Police and Public Works Departments. The employees are highly trained with benefit of the latest in technology and equipment. Georgetown offers downtown shopping and shopping malls, restaurants, recreation, sports, beautiful surroundings, and Georgetown College. |
| Year Built: | 2009 |
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 |
Contact
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