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28940798
28940811

725 Harvard Dr, Owensboro, KY 42301

BB
KY 23188
Barron Commercial Group
TH
WM G Barron Enterprises
Listed by Barron Commercial Group, WM G Barron Enterprises
$726,000
170 days on market
Updated 22 days ago

Small Multi-Tenant Office

Details
APN 004-16-12-007-A0-000
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 4,931
Units 2
Cap Rate 7.51%
NOI $54,517
Occupancy 90%
Tenancy Multi
Price per SqFt $147
Class A
Year Built 1974
Year Renovated 2023
Stories 1
Acreage 0.578
Zoning B-4
Investment Type Core

Office | 7.51% CAP | 4,931 SqFt

Marketing description

725 Harvard Drive presents a rare opportunity to acquire a consistently high-performing office asset with a four-year track record of 90%+ occupancy and steady 4%+ annual rent growth. Designed as a turnkey executive office and coworking center, the property has tapped into one of the most resilient segments of the office market: small, furnished offices serving professionals and remote workers who value flexibility. The result is a stable, diversified rent roll supported by consistent demand and simple, predictable operations.

With its recent renovation, minimal capital needs, and low-touch management requirements, the property offers investors reliable monthly income without the complexity of traditional office leasing. Tenants appreciate the convenience; owners appreciate the stability. For buyers seeking an easy-to-own, income-producing asset with strong occupancy history and long-term relevance, 725 Harvard Drive stands out as a proven performer.

Investment highlights

  • Proven 90%+ Occupancy for 4+ Years

  • Steady Rent Growth

  • Low-Touch Ownership

  • High-Demand Small Office Segment

Listing Contacts

BB
KY 23188
Barron Commercial Group
TH
WM G Barron Enterprises
Listed by Barron Commercial Group, WM G Barron Enterprises

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$54,517.00
$4,543.08/mo

Valuation Metrics

0
DSCR
7.51%
Cap Rate
7.51%
ROI

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