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8780 US Highway 42 22,265 SF 80% Leased Office Building Florence, KY 41042 $3,150,000 ($141.48/SF)
Executive Summary
Rare purchase opportunity in Union/Florence, KY. Well maintained Medical Office building recently refurbished. Tenants include Christ Hospital, MVP Veterinarian and Elite Dental. There is a 3,500 SF owner suite and a detached garage available for occupancy ideal for all types of medical or office needs.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
22,265 SF
Building Class
B
Year Built
2000
Price
$3,150,000
Price Per SF
$141.48
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,133 SF
Building FAR
0.23
Lot Size
2.27 AC
Zoning
Office
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Breakthrough Health
- Public Administration
- -
- -
- -
- -
- Elite Family & Cosmetic Dentist
- Health Care and Social Assistance
- -
- -
- -
- -
- Next Generation Hearing Care
- Retailer
- -
- -
- Triple Net
- -
- Northern Kentucky Center For Pain Relief
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
- -
The Christ Hospital began in 1889 as Christ's Hospital, formed around a civic and religious effort to bring healthcare to Cincinnati. The Christ Hospital Health Network now centers on an acute care hospital and a medical center, supported by outpatient centers, urgent care, imaging centers, surgery centers, physical therapy sites, and physician practices across the Tri-State region. The organization provides care in cardiovascular medicine, cancer, women's health, orthopaedics, spine treatment, emergency care, behavioral medicine, major surgery, and kidney transplant services, giving it a broad role in regional healthcare delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Breakthrough Health | Public Administration | - | - | - | - | |
| Elite Family & Cosmetic Dentist | Health Care and Social Assistance | - | - | - | - | |
| Next Generation Hearing Care | Retailer | - | - | Triple Net | - | |
| Northern Kentucky Center For Pain Relief | Health Care and Social Assistance | - | - | - | - | |
|
|
Health Care and Social Assistance | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 3,500 SF
- Office/Medical
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 3,500 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 3,500 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 051.00-00-046.00 | Improvements Assessment | $1,750,000 |
| Land Assessment | $500,000 | Total Assessment | $2,250,000 |
Property Taxes
Parcel Number
051.00-00-046.00
Land Assessment
$500,000
Improvements Assessment
$1,750,000
Total Assessment
$2,250,000
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Contact the Sale Advisor
8780 US Highway 42