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103 Belinda Blvd
Danville, KY 40422
Office Property For Sale
Executive Summary
An amazing investment prospect awaits with two properties specially designed for the Social Security Administration and U.S. Government credit rating agencies. These properties were purpose-built for the S.S.A. / G.S.A in 2006 and featuring renewed 5-year leases with operating income subject to C.P.I. increases. The combined shell rent for both locations is $281,548 and the leases have been recently updated with the tenants responsible for covering operating expenses. Additionally, both Properties underwent a through renovation in 2018.
Additional Property Available at 4532 Lucky Strike Loop, Owensboro, KY
Additional Property Available at 4532 Lucky Strike Loop, Owensboro, KY
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,320 SF
Building Class
B
Year Built
2003
Price
$2,175,000
Price Per SF
$261.42
Cap Rate
6.47%
NOI
$140,774
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
8,320 SF
Building FAR
0.08
Lot Size
2.26 AC
Zoning
B-4 - Business
Parking
54 Spaces (6.49 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | D17-011-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,650,000 |
Property Taxes
Parcel Number
D17-011-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,650,000
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