Posted on 01/28/2016
Online Auction | 18,618+/- SF Medical Office Building with Excellent Cash Flow
Tremendous Investment Opportunity!
Annual Lease Income: $144,000 ($12,000/m) plus Utility Reimbursements
Approx. 94% Occupied
Well-Established, Long-Term Tenants
Over $125,000 in Renovations 2017
Close Proximity to Hardin Memorial Hospital and Hardin County Government Building
Premier Access to Patriot Parkway and KY-313 Bypass
2.468 +/- Acres (PVA) in Two Parcels
Opportunity for Future Expansion/New Construction
Ample Parking (107 Spaces)
New Roof Installed in 2015
Low Maintenance All Brick Construction
Fully Sprinkled Fire Suppression System
Lease Terms to 2021 with multiple Renewal Periods
Ambulance Entrance on Both Levels w/Upper Floor Covered
Fantastic Money Earner for the Serious Investor
Pre-Auction Offers and Broker Participation Welcome!
The subject property is occupied by operating medical offices. Potential purchasers are requested to only tour the property with licensed personnel of Tranzon. Please do not enter any office without specific consent.
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734