Property details

Off-Market Class A Office For Sale, Southeast Region

Property Description

Off-Market Class A Office For Sale

Confidential and Off Market Opportunity

152,000 SF Class "A" Office

Located in a major Kentucky MSA

92% Occupancy

Institutional Grade Investment.

Class “A”, 5-story multi-tenant office building

2009 construction.

Approximately $1,500,000 in place NOI.

Located on prestigious research park campus.

Impressive tenant roster - 9 of the 10 tenants are national companies and university.

Offered is the Leasehold Interest. The buyer will own the improvements (building) on the property. The buyer will have the right to depreciate 100% of the asset (please confirm with your accountant). The underlying land is owned by different owner as a Ground Lease.



Office Buildings For Sale



Images

Request property package

Highlights

Status:
Available
Price:
$18,750,000
PSF:
$123
Cap Rate:
8.00%
 

Property Information

Building Size:
152,000 sq.ft.
Property Type:
Office
Industry Type:
Office
Units/Spaces:
1
Year Built:
2009
Purchase Tenure:
Leasehold
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.