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Taylor Mill Professional 5522 Taylor Mill Rd 11,355 SF Office Building Taylor Mill, KY 41015 $1,800,000 ($158.52/SF) 8.03% Cap Rate
Executive Summary
Lee & Associates is pleased to offer for sale the fee simple interest in 5522 Taylor Mill Road, in Taylor Mill, Kentucky. It is a single tenant medical office building of 11,355 square feet that is on two separate lots totaling 2.39 acres. It is leased to Cultivate Behavioral Health & Education, https://cultivatebhe.com, a national behavioral health group. The lease is a Triple Net lease with approximately 3 years of term remaining.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,355 SF
Building Class
C
Year Built
1982
Price
$1,800,000
Price Per SF
$158.52
Cap Rate
8.03%
NOI
$144,549
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,355 SF
Building FAR
0.11
Lot Size
2.39 AC
Zoning
PO - http://online.encodeplus.com/regs/taylormill-ky/doc-viewer.aspx#secid-460
Parking
65 Spaces (5.72 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Numbers | Improvements Assessment | $1,391,600 | |
| Land Assessment | $260,000 | Total Assessment | $1,651,600 |
Property Taxes
Parcel Numbers
Land Assessment
$260,000
Improvements Assessment
$1,391,600
Total Assessment
$1,651,600
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Taylor Mill Professional | 5522 Taylor Mill Rd
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