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21566104
21566105

2201 High Wickham Pl, Louisville, KY 40245

JB
KY 204053
TRIO Commercial Property Group LLC
MT
KY 209520
TRIO Commercial Property Group LLC
Listed by TRIO Commercial Property Group LLC
$18,127,853.33
483 days on market
Updated 68 days ago

Old Henry Crossings Investment Sale

Details
Property Type Office
Sub Type Traditional Office
Square Footage 64,204
Cap Rate 7.50%
Occupancy 100%
Tenancy Single
Brand/Tenant Cerity Partners
Lease Type Modified
Lease Expiration 07/01/2031
Broker Co-Op Yes
Class A
Year Built 2019
Buildings 1
Stories 3
Acreage 5.910
Zoning C-1
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2022

Old Henry Office | 7.50% CAP | 64,204 SF

Marketing description

Investment Opportunity: Class A Office Building with Strong Credit Tenant

2201 High Wickham Place presents an attractive investment opportunity: a Class A office building in a prime location, leased to a strong credit, single tenant, Cerity Partners. This contemporary building, constructed in 2019, offers a stylish and highly functional workspace. A recent $4 million, 10,000 sq. ft. expansion demonstrates a significant investment in the property, signaling long-term commitment and growth.

This property offers investors a unique opportunity to acquire a high-quality asset with a financially sound and nationally recognized tenant in a desirable location. It is ideal for investors seeking a stable, long-term investment with significant potential for appreciation.

Investment highlights

Key Investment Highlights:

  • Premier Tenant: Cerity Partners, a leading and nationally recognized Registered Investment Advisor (RIA) firm with approximately $120 billion in assets under management (AUM) as of November 30, 2024. Formed through the 2023 merger of ARGI and Cerity Partners, the firm offers a comprehensive suite of financial services, including wealth management, financial planning, investment solutions, tax planning and preparation, estate and gift planning, and insurance. Cerity Partners has consistently earned top rankings, including #11 in Barron’s 2023 Top 100 RIA Firms list (for the fourth consecutive year), and recognition from Barron’s Advisor, USA Today, and Financial Advisor.

  • Significant Recent Investment: A recently completed $4 million, 10,000 sq. ft. expansion underscores the tenant's commitment to this location and positions the property for continued success.

  • Generous Parking: A 4:1 parking ratio ensures ample and convenient parking for tenants and visitors.

  • Prime Location & Accessibility: Enjoy easy access to I-265 and I-64, facilitating seamless commutes. The property is also conveniently located near a variety of restaurants and retail options, providing added convenience for employees and visitors.

  • Modern Amenities: The building features a beautifully landscaped courtyard, creating a serene outdoor environment. Monument and building signage opportunities offer valuable branding potential.

  • Single-Tenant Occupancy: Simplifies management and provides a stable income stream.

Listing Contacts

JB
KY 204053
TRIO Commercial Property Group LLC
MT
KY 209520
TRIO Commercial Property Group LLC
Listed by TRIO Commercial Property Group LLC

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