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Baptist Health Anchored MOB - 100% Leased 140 Stonecrest Rd 11,338 SF 100% Leased Office Building Shelbyville, KY 40065 $1,846,294 ($162.84/SF) 7.25% Cap Rate

Medical Offices Kentucky Shelbyville 140 Stonecrest Rd, Shelbyville, KY 40065

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Investment Highlights

  • Anchored by Baptist Health – A Leading Regional Healthcare System – Baptist Health Medical Group occupies two suites
  • Established Medical Corridor Location – Situated along Stonecrest Road in Shelbyville, the property benefits from proximity to multiple Baptist Health
  • Attractive Basis Relative to Replacement Cost – At a price of approximately $170 per square foot, the property offers an appealing basis
  • 100% Leased Multi-Specialty Medical Tenancy – The building is fully occupied by a complementary mix of specialties including primary care, ENT
  • Excellent Market Fundamentals – Shelbyville offers stable suburban growth with expanding households, a rising service and healthcare employer base

Executive Summary

Broker of Record
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
11,338 SF
Building Class
B
Year Built
2001
Price
$1,846,294
Price Per SF
$162.84
Cap Rate
7.25%
NOI
$133,856
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,669 SF
Slab To Slab
11’
Building FAR
0.28
Lot Size
0.94 AC
Zoning
C
Parking
50 Spaces (4.41 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Baptist Ob/Gyn Assoc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Centerwell Home Health
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Inspire Weight Loss M
  • -
  • -
  • -
  • -
  • Maxcare Medical Services Pllc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Mpcaa
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Pulmonary Care Service LLC
  • Health Care and Social Assistance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Baptist Ob/Gyn Assoc Health Care and Social Assistance - - -
Centerwell Home Health Health Care and Social Assistance - - -
Inspire Weight Loss M - - - -
Maxcare Medical Services Pllc Health Care and Social Assistance - - -
Mpcaa Health Care and Social Assistance - - -
Pulmonary Care Service LLC Health Care and Social Assistance - - -

Links

1 1

Property Taxes

Parcel Number 041-00-004M Improvements Assessment $0
Land Assessment $0 Total Assessment $1,750,000

Property Taxes

Parcel Number
041-00-004M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,750,000
(262) 672-8388

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 38338370

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 140 Stonecrest Rd, Shelbyville, KY 40065

More public record information on 140 Stonecrest Rd, Shelbyville, KY 40065

The Office Property at 140 Stonecrest Rd, Shelbyville, KY 40065 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Baptist Health Anchored MOB - 100% Leased | 140 Stonecrest Rd
(262) 672-8388 x

Baptist Health Anchored MOB - 100% Leased | 140 Stonecrest Rd

Kyle Mackulak
(262) 672-8388

Tyler Swade
(630) 854-9717

Rahul Chhajed
(818) 434-1106

Michael Moreno
(949) 432-4511

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