Integra MRI & Pain Center Multi-Tenant Strip
High-Performing Medical & Retail Asset - Louisville, KY | 4-Units Fully Leased
Marketing description
Sands Investment Group is pleased to exclusively present for sale the impressive property at 2137 Dixie Hwy in Louisville, KY, featuring a 7,400 SF building with 4 units, offering a prime location and excellent visibility. Built in 1950, the property boasts 100% occupancy, presenting a strong financial profile for prospective investors. With a focus on functionality and modern appeal, this well-maintained building provides a solid foundation for long-term success. Don't miss this chance to add a high-performing office property to your portfolio and capitalize on the thriving Louisville market.
Investment highlights
Property is anchored by healthcare and childcare tenants, two industries historically resilient through economic cycles, supporting long-term occupancy and income stability.
Fully leased multi-tenant asset providing immediate, predictable cash flow with diversified income streams across medical, childcare, imaging, and service-oriented users.
Integra Medical Imaging utilizes the rear portion of the property for operational purposes, generating additional income without occupying interior building space, enhancing overall revenue efficiency while preserving rentable square footage.
Strategically positioned along a major Louisville commercial corridor with 17,000 VPD, high visibility, and dense surrounding residential demographics supporting service-based tenants.
The average property rent of approximately $15/SF remains materially below prevailing market rents of roughly $19/SF in the surrounding Dixie Highway corridor, providing investors with a defined path to rental rate growth through renewals and re-leasing.
Integra MRI and the other medical tenants have invested significant capital into specialized electrical infrastructure and custom build-outs, creating high relocation costs and strong incentives to renew in place.
Lease commencement dates spanning multiple years create a staggered rollover profile, reducing exposure to single-year vacancy and smoothing long-term cash flow.
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