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33838219
33838235

3264 Ruckriegel Parkway, Jeffersontown, KY 40299 For Sale

JF
KY KY 276464, IN IN - RB14040829
The Agency Louisville
Listed by The Agency Louisville
$1,099,700
1 day on market
Updated 1 day ago

Benelly Commercial Condos | 8,643sqft Warehouse Portfolio

Details
Property Type Industrial, Office (+1)
Sub Type Flex, Distribution (+1)
Square Footage 8,643
Units 3
Cap Rate 7.86%
NOI $112,359
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 2
Lease Expiration 07/31/2026
Remaining Term 2
Lease Options To be agreed
Pro-Forma Cap Rate 10.20%
Price per SqFt $13
Class A
Year Built 1987
Buildings 3
Acreage 1.220
Zoning PEC
Parking Spaces 24 spaces
Parking per 1,000 SqFt 2.78
Investment Type Stabilized
Ground Lease No
Ceiling Height 8
Loading Docks 3
Dock High Doors 3
Sale Condition N/A

Own the Entire Benelly Portfolio | 8,643 SF Office/Warehouse — Jeffersontown

Marketing description

Commercial real estate rarely offers this level of flexibility. This portfolio combines three professionally maintained office/warehouse flex commercial condominiums into one acquisition totaling approximately 8,643 square feet. For owner-users, the portfolio creates an opportunity to establish a long-term headquarters while maintaining investment income from an existing leased property. For investors, the portfolio provides immediate cash flow with future upside as Units 3260 and 3262 become available for owner occupancy or market-rate leasing beginning August 1, 2026. Unlike many commercial investments requiring significant capital improvements, these properties provide functional layouts with strong office components, warehouse capability and broad appeal across multiple industries.

Investment highlights

PROPERTY HIGHLIGHTS

  • Three Commercial Condominiums
  • Approximately 8,643 SF Combined
  • 3,985 SF Professional Office
  • 4,658 SF Warehouse & Operations
  • Multiple Reception Areas
  • Conference Rooms
  • Kitchen(s)
  • Warehouse, Workshop, & Paint Room
  • Multiple Grade-Level Overhead Doors (3 Docking Stations)
  • Prime Jeffersontown Location
  • High Visibility
  • Commercial Condominium Ownership

INVESTMENT SNAPSHOT

  • Asking Price: $1,099,700
  • Current Annual Income: $86,400
  • Current Portfolio Cap Rate: Approximately 7.86%
  • Projected Market Rent: $13.00/SF NNN
  • Projected Market Income: Approximately $112,359 annually
  • Projected Market Cap Rate: Approximately 10.2%
  • HOA: $1,800 Annually Covers Building Insurance, Water, & Common Area Electric
  • Flood Insurance is $5,300 annually for all three buildings

INVESTMENT THESIS

This acquisition provides something rarely available in Louisville’s commercial

market control. Control over occupancy. Control over future leasing. Control over expansion. Control over long-term investment strategy. Whether you’re an expanding business owner or an investor seeking diversification within a single location, the Benelly Portfolio delivers exceptional flexibility while reducing future acquisition risk.

Listing Contacts

JF
KY KY 276464, IN IN - RB14040829
The Agency Louisville
Listed by The Agency Louisville

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,359.00
$9,363.25/mo

Valuation Metrics

0
DSCR
10.22%
Cap Rate
10.22%
ROI

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Additional Information

Name
Jason Farabee
License
KY 276464
Brokerage
The Agency Louisville
Title
Real Estate Broker
Brokerage Address
4940 U.S. 42
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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