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2608 Ring Rd 9,000 SF 100% Leased Office Building Elizabethtown, KY 42701 $1,500,000 ($166.67/SF) 5.40% Cap Rate
Executive Summary
Income-producing commercial office building offering approximately 9,000 square feet of rentable office space. The main level is fully leased to a single tenant with a lease in place through April 2026, providing stable near-term cash flow. The lower level is occupied by three individual tenants, allowing for diversified income streams. This level features a private rear entrance, dedicated parking, two separate entry doors, and two restrooms, supporting efficient multi-tenant operations and future leasing flexibility.
Property Facts
Sale Type
Investment
Property Type
Building Size
9,000 SF
Building Class
C
Year Built
1994
Price
$1,500,000
Price Per SF
$166.67
Cap Rate
5.40%
NOI
$81,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Slab To Slab
11’
Building FAR
0.18
Lot Size
1.16 AC
Zoning
C3 - Commercial
Parking
35 Spaces (3.89 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Property Taxes
| Parcel Number | 231-20-00-010.06 | Improvements Assessment | $1,620,000 |
| Land Assessment | $335,200 | Total Assessment | $1,955,200 |
Property Taxes
Parcel Number
231-20-00-010.06
Land Assessment
$335,200
Improvements Assessment
$1,620,000
Total Assessment
$1,955,200
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2608 Ring Rd
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