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29599736
29599734

7426 And 7430 US 42, Florence, KY 41042

DP
KY KY 219608
KW Commercial
Listed by KW Commercial
$2,300,000
117 days on market
Updated 87 days ago

Florence Executive Centre

Details
Property Type Office
Sub Type Executive Office
Square Footage 20,900
Units 57
Cap Rate 7.05%
NOI $162,200
Acreage 1.550
Investment Type Value Add

Office | 7.05% CAP | 20,900 SqFt

Marketing description

Introducing a prime investment opportunity in the heart of Northern Kentucky. This property is well maintained, with a high tenant capacity. There is a strong value add as rentals are well below market value. Situated at 7426 and 7430 US 42 in Florence, KY, 41042, this exceptional office building offers an ideal space for discerning investors. Boasting a strategic location, this property provides convenient access to major thoroughfares, enhancing its appeal to businesses and tenants. With a focus on modern amenities and a professional atmosphere, this office building presents a lucrative prospect for those seeking to expand their commercial real estate portfolio. Don't miss out on the chance to acquire this premier asset in a thriving business district.

Investment highlights

  • Strong tenant load
  • Value add opportunity
  • Well maintained
  • Highly demanded space

Listing Contacts

DP
KY KY 219608
KW Commercial
Listed by KW Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,200.00
$13,516.67/mo

Valuation Metrics

0
DSCR
7.05%
Cap Rate
7.05%
ROI

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Additional Information

Name
Derrick Plunkett
License
KY 219608
Brokerage Address
7210 Turfway Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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