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929 N Main St
London, KY 40741
Medical Office Building Portfolio · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Medical Office Buildings – Healthcare practices tend to be exemplary tenants due to long-term tenancy, higher average rents
  • Below Market Rents – Each property has below-market rental rates, allowing room to increase for increasing income by bringing rents to market rates
  • Hospital Adjacent – Two of the three properties are hospital adjacent, which is an ideal location for a medical tenant or investor
  • Advantageous Return – This portfolio includes an 8.74% return allowing a profitable return
  • Regional & National Tenants – Each tenant included in this portfolio has a regional or national presence, boasting a track record of successful operat

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
5,903 SF
Building Class
C
Year Built
1963
Building Height
1 Story
Typical Floor Size
5,903 SF
Building FAR
0.58
Lot Size
0.23 AC
Parking
12 Spaces (2.03 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
050-60-04-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$210,000
  • Listing ID: 29696345

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 929 N Main St, London, KY 40741

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