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125 Memorial Dr
Franklin, KY 42134

Upperline Health | 8.5% cap | Hospital Adjcnt · Office Property For Sale

Investment Highlights

  • Hospital Adjacent – Many of the properties have a hospital adjacent location which is prime for a medical office due to the referral base
  • Tax-Friendly State – Kentucky recently reduced its income tax rate by 0.5% with plans to reduce it by the same for 2024
  • Medical Office Buildings – Healthcare Real Estate has persisted through various consumer trends and economic downturns
  • Highly Visible – Each site’s location is convenient and accessible, which is crucial for Healthcare Real Estate
  • Referral Network – All 10 Upperline Health locations are within proximity to each other, creating a strong referral network
  • Annual Rental Increases – Maintain growth of your investment dollars while hedging against inflation with annual rental increases

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
7,150 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,150 SF
Building FAR
0.15
Lot Size
1.13 AC
Zoning
C-1 - Commercial
Parking
64 Spaces (8.95 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
024-00-04-004.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,000,000
  • Listing ID: 30417464

  • Date on Market: 12/21/2023

  • Last Updated:

  • Address: 125 Memorial Dr, Franklin, KY 42134

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