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Baptist Health 107 Diagnostic Dr 4,857 SF Office Building Frankfort, KY 40601 $850,000 ($175.01/SF) 8.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Matthews™ is pleased to present the offering of a ±4,857-square-foot medical building leased to Baptist Health.
  • At this location, services include cancer treatment, blood disorder care, chemotherapy, clinical trial access, and coordinated patient care.
  • The organization provides a comprehensive range of services, including primary care, specialty care, surgical procedures, & advanced treatment program
  • The lease extends through May 2029, with one additional five-year renewal option.
  • Baptist Health is a nonprofit, faith-based healthcare system that operates an extensive network of hospitals

EXECUTIVE SUMMARY

Kyle Matthews
License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,857 SF
Building Class
C
Year Built
1994
Price
$850,000
Price Per SF
$175.01
Cap Rate
8.65%
NOI
$73,525
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,857 SF
Building FAR
0.16
Lot Size
0.70 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
050-00-00-001.05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$715,000
  • Listing ID: 38535646

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 107 Diagnostic Dr, Frankfort, KY 40601

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