Florence Business Center | 7505 Sussex Dr
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Florence Business Center 7505 Sussex Dr
25,000 SF Vacant Office Building Florence, KY 41042 $1,550,000 ($62/SF)
Executive Summary
A great investment value!
The Florence Business Center is a 25,000 sq. ft. brick Professional office building ideally located near the I-75 and U.S. 42 Exit in Florence, KY.
The lobby was updated with a new entry area, an interior waterfall, and updated bathrooms. The office building contains a good variety of large and small office suites which makes it suitable for a company corporate headquarters, college/school, government use, or
medical use.
The large parking lot has 125 parking spaces.
The zoning is Office 2/Industrial 1 allowing for many potential business uses. The office property sits on 2.19 acres of prime land.
The immediate area includes the largest Industrial Park (NKIP) in Northern Kentucky, thousands of hotel rooms, and many regional and national restaurants.
The Florence Business Center is a 25,000 sq. ft. brick Professional office building ideally located near the I-75 and U.S. 42 Exit in Florence, KY.
The lobby was updated with a new entry area, an interior waterfall, and updated bathrooms. The office building contains a good variety of large and small office suites which makes it suitable for a company corporate headquarters, college/school, government use, or
medical use.
The large parking lot has 125 parking spaces.
The zoning is Office 2/Industrial 1 allowing for many potential business uses. The office property sits on 2.19 acres of prime land.
The immediate area includes the largest Industrial Park (NKIP) in Northern Kentucky, thousands of hotel rooms, and many regional and national restaurants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
25,000 SF
Building Class
C
Year Built
1978
Price
$1,550,000
Price Per SF
$62
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Slab To Slab
10’
Building FAR
0.26
Land Acres
2.19 AC
Zoning
O-2/I-1/PD/PO
Parking
125 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 073.00-05-006.00 | Improvements Assessment | $875,000 |
| Land Assessment | $75,000 | Total Assessment | $950,000 |
PROPERTY TAXES
Parcel Number
073.00-05-006.00
Land Assessment
$75,000
Improvements Assessment
$875,000
Total Assessment
$950,000
-
Ray Merkel -
First Commercial Realty, Inc.
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Florence Business Center | 7505 Sussex Dr
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