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Integra MRI & Pain Center Multi-Tenant Strip 2137-2141 Dixie Hwy 7,400 SF 100% Leased Retail Building Louisville, KY 40210 $1,009,902 ($136.47/SF) 9.25% Cap Rate
Investment Highlights
- Property is anchored by healthcare and childcare tenants, two industries historically resilient through economic cycles.
- Integra Medical Imaging utilizes the rear portion of the property for operational purposes, generating additional income.
- The average property rent of approximately $15/SF remains materially below prevailing market rents of roughly $19/SF in the surrounding Dixie Highway
- Fully leased multi-tenant asset providing immediate, predictable cash flow with diversified income streams across medical, childcare, imaging.
- Strategically positioned along a major Louisville commercial corridor with 17,000 VPD, high visibility, & dense surrounding residential demographics.
- Integra MRI and the other medical tenants have invested significant capital into specialized electrical infrastructure and custom build-outs.
Executive Summary
Sands Investment Group is pleased to exclusively present for sale the impressive property at 2137 Dixie Hwy in Louisville, KY, featuring a 7,400 SF building with 4 units, offering a prime location and excellent visibility. Built in 1950, the property boasts 100% occupancy, presenting a strong financial profile for prospective investors. With a focus on functionality and modern appeal, this well-maintained building provides a solid foundation for long-term success. Don't miss this chance to add a high-performing office property to your portfolio and capitalize on the thriving Louisville market.
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
Property Facts
Sale Type
Investment
Property Type
Building Size
7,400 SF
Building Class
C
Year Built/Renovated
1950/2019
Price
$1,009,902
Price Per SF
$136.47
Cap Rate
9.25%
NOI
$93,416
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.97 AC
Zoning
C-1 - C-1 Zoning
Parking
31 Spaces (4.19 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Integra Medical Imaging
- Health Care and Social Assistance
- -
- -
- -
- Dec 2029
- Parkland Kids Academy
- Educational Services
- 2,500 SF
- -
- Modified Gross
- Oct 2026
- Sharper Image Hair Styles
- Services
- 1,400 SF
- -
- Modified Gross
- Oct 2026
- The Injury Centers
- Health Care and Social Assistance
- 3,500 SF
- -
- Modified Gross
- Oct 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Integra Medical Imaging | Health Care and Social Assistance | - | - | - | Dec 2029 | |
| Parkland Kids Academy | Educational Services | 2,500 SF | - | Modified Gross | Oct 2026 | |
| Sharper Image Hair Styles | Services | 1,400 SF | - | Modified Gross | Oct 2026 | |
| The Injury Centers | Health Care and Social Assistance | 3,500 SF | - | Modified Gross | Oct 2029 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 100500780000 | Improvements Assessment | $402,190 |
| Land Assessment | $126,700 | Total Assessment | $528,890 |
Property Taxes
Parcel Number
100500780000
Land Assessment
$126,700
Improvements Assessment
$402,190
Total Assessment
$528,890
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Integra MRI & Pain Center Multi-Tenant Strip | 2137-2141 Dixie Hwy
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