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3520 New Hartford Rd 3520 New Hartford Rd 25,600 SF 85% Leased 4-Star Office Building Owensboro, KY 42303 $2,170,000 ($84.77/SF) 10.03% Cap Rate
Investment Highlights
- 80% Leased
Executive Summary
Turnkey, maintenance free standalone office building in a highly visible location with excellent access and ample parking. Recent capital improvements include a new roof, new parking lot, new elevator, and all new flooring and paint throughout. 85% leased, providing strong in place income. Designed for minimal owner involvement with no on site management required.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
25,600 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1974/2022
Price
$2,170,000
Price Per SF
$84.77
Cap Rate
10.03%
NOI
$217,590
Percent Leased
85%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,400 SF
Building FAR
0.24
Lot Size
2.50 AC
Zoning
B-4 - Commercial B-4
Parking
72 Spaces (2.81 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Air Conditioning
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Property Taxes
| Parcel Number | 003-11-18-001-00-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
003-11-18-001-00-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$550,000
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3520 New Hartford Rd | 3520 New Hartford Rd
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