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2201 High Wickham Pl 64,204 SF 100% Leased 4-Star Office Building Louisville, KY 40245 $18,127,853 ($282.35/SF) 7.50% Cap Rate
Investment Highlights
- Premier Tenant: Cerity Partners, a leading and nationally recognized Registered Investment Advisor (RIA) firm with approximately $120 billion in asset
- Prime Location & Accessibility: Enjoy easy access to I-265 and I-64, facilitating seamless commutes. The property is also conveniently located near a
- Modern Amenities: The building features a beautifully landscaped courtyard, creating a serene outdoor environment. Monument and building signage oppor
- Significant Recent Investment: A recently completed $4 million, 10,000 sq. ft. expansion underscores the tenant's commitment to this location and posi
- Generous Parking: A 4:1 parking ratio ensures ample and convenient parking for tenants and visitors.
- Single-Tenant Occupancy: Simplifies management and provides a stable income stream.
Executive Summary
Investment Opportunity: Class A Office Building with Strong Credit Tenant
2201 High Wickham Place presents an attractive investment opportunity: a Class A office building in a prime location, leased to a strong credit, single tenant, Cerity Partners. This contemporary building, constructed in 2019, offers a stylish and highly functional workspace. A recent $4 million, 10,000 sq. ft. expansion demonstrates a significant investment in the property, signaling long-term commitment and growth.
This property offers investors a unique opportunity to acquire a high-quality asset with a financially sound and nationally recognized tenant in a desirable location. It is ideal for investors seeking a stable, long-term investment with significant potential for appreciation.
2201 High Wickham Place presents an attractive investment opportunity: a Class A office building in a prime location, leased to a strong credit, single tenant, Cerity Partners. This contemporary building, constructed in 2019, offers a stylish and highly functional workspace. A recent $4 million, 10,000 sq. ft. expansion demonstrates a significant investment in the property, signaling long-term commitment and growth.
This property offers investors a unique opportunity to acquire a high-quality asset with a financially sound and nationally recognized tenant in a desirable location. It is ideal for investors seeking a stable, long-term investment with significant potential for appreciation.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
64,204 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Price
$18,127,853
Price Per SF
$282.35
Cap Rate
7.50%
NOI
$1,359,589
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
21,401 SF
Building FAR
0.25
Lot Size
5.88 AC
Zoning
C1 - N - Commercial
Parking
212 Spaces (3.3 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Signage
- Monument Signage
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Property Taxes
| Parcel Number | 366000240000 | Improvements Assessment | $10,259,620 |
| Land Assessment | $1,604,400 | Total Assessment | $11,864,020 |
Property Taxes
Parcel Number
366000240000
Land Assessment
$1,604,400
Improvements Assessment
$10,259,620
Total Assessment
$11,864,020
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2201 High Wickham Pl
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