FOR SALE ! PROPERTY in 10200 Linn Station Rd Louisville, KY 40223
FOR SALE! Property in 10200 Linn Station Rd Louisville, KY 40223. This 91,650 SF is perfect for Professional Office space. The place is perfect for your business. Come and Visit and Make an Appointment now! Hurry up.
91,650 SF | 65% Leased | Office Building | Triad East 10200 Linn Station Rd Louisville, KY | $8,920,000 ($97/SF) | 8.78% Cap Rate
Highlight Realty Network
Richard Lee Armstrong
Text or Call: (561) 252-0948
Email: highlightrealtynetworkgo@gmail.com
Area Info
- For Sale!
- Now Available
- Owner Approved for Office
- Great Location
- Beautiful Professional Office Space
Suite
- 91,650 SF
- Term is good
- Great Pricing &Good Pricing
- Best Use/Great Use
- Professional Office Space
- Full Build-Out
INVESTMENT HIGHLIGHTS
- 94,872 Square Foot Class B Professional Office Building | Louisville, Kentucky | 89.95% Occupancy
- Priced Below Replacement Cost | $97 Per Square Foot | 13.74% Day 1 Cash On Cash Returns
- $250,000+ in Recent CAPEX Invested | Replaced Roof | Updated Common Areas | Parking Lot
- 62% Net Leasable Area Leased into 2025 | 3.48 Weighted Average Lease Term Remaining
- Stabilized with Upside | Lease Up 11% Current Vacancy | Increase Rental Rates to Market Rates
EXECUTIVE SUMMARY
Kentucky, Louisville operates as a port city providing for minimal ground-up, competitive development opportunities and is a highly coveted Midwest Submarket, it is also the 29th most populous city in the United States.
Investment Highlights
94,872 Square Foot Class B Professional Office Building Louisville, Kentucky 89.95% Occupancy
62% Net Leasable Area Leased into 2025 3.48 Weighted Average Lease Term Remaining
Priced Below Replacement Cost $98 Per Square Foot 13.74% Day 1 Cash On Cash Returns
Stabilized with Upside Lease Up 11% Current Vacancy Increase Rental Rates to Market Rates
$250,000+ in Recent CAPEX Invested Replaced Roof Updated Common Areas Parking Lot