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32926650
32926667

4331 Churchman Ave, Louisville, KY 40215

SE
KY 205223, IN RB14049704
TRIO Commercial Property Group LLC
JB
KY 204053
TRIO Commercial Property Group LLC
Listed by TRIO Commercial Property Group LLC
$2,350,000
43 days on market
Updated 0 days ago

4331 Churchman Ave | MOB

Details
Property Type Office
Sub Type Medical Office
Square Footage 11,630
Cap Rate 7.8%
NOI $183,337
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2031
Remaining Term 5.6
Rent Bumps Yes
Lease Options 2- Five year options
Price per SqFt $202
Broker Co-Op Yes
Class B
Year Built 1964
Year Renovated 2021
Buildings 1
Stories 1
Acreage 1.040
Zoning OR2
Investment Type Stabilized

Medical Office | 7.8% CAP | 11,630 SqFt

Marketing description

  • Total Building Area: ±11,630 SF

  • Zoning: OR-2

  • Occupancy: 100% occupied by UofL Health, used for UofL Pain Management & Frazier Rehab

  • Parking: Ample on-site parking to accommodate both tenants and customers

  • 5.5 years left on the lease

  • Tenant self manages the building

  • Less than market rents

  • NNN lease

Contact Agent for Lease details. Agent has ownership in the Building.

Investment highlights

TRIO Commercial Property Group is pleased to present the exclusiveopportunity to acquire UofL Health Medical Plaza 4, a fully occupiedmedical office investment located at 4331 Churchman Avenue inLouisville, Kentucky. The property consists of approximately 11,630 square feet across two buildings and is strategically positioned directly adjacent to UofL Health Mary & Elizabeth Hospital within oneof Louisville’s established healthcare corridors. Currently occupied byUofL Health and utilized for UofL Pain Management and Frazier Rehabservices, the asset benefits from stable healthcare tenancy and longtermmedical use characteristics.

The property offers investors a rare opportunity to acquire an institutional-quality healthcare asset backed by one of the region’s leading healthcare providers. Located in South Louisville, the property benefits from convenient access to Dixie Highway, Interstate 264, and Downtown Louisville, allowing it to serve a broad and established patient base throughout the Louisville MSA. Its integration within the surrounding medical corridor further enhances long-term operational stability and patient connectivity.

Contact Agent for Lease details

Listing Contacts

SE
KY 205223, IN RB14049704
TRIO Commercial Property Group LLC
JB
KY 204053
TRIO Commercial Property Group LLC
Listed by TRIO Commercial Property Group LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$183,337.00
$15,278.08/mo

Valuation Metrics

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DSCR
7.8%
Cap Rate
7.8%
ROI

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