18,618+/- SF Medical Office Building w/Excellent Cash Flow

Auction on 05/03/2018 @ 3:00 PM EST
Auction Type: online

Description

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

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