2093 Medical Arts Dr

2093 Medical Arts Dr
Hebron KY

2093 Medical Arts Dr View1

Property Type

Office
Property Size
10,355 Sq Ft
Available Space
Not available
Tenure
Sale
Price
USD 1,525,000
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DescriptionClick Here To View Mapped Property

Click Here To View Mapped Property

Single-Tenant Medical Office with Upside in High Growth MarketJones Lang LaSalle is pleased to exclusively present for consideration the opportunity to invest in St. Elizabeth Physicians (the “Property”), a free standing, recently renovated building leased by nationally recognized St. Elizabeth Healthcare. The property is strategically situated on North Bend Road (KY 237), the main corridor of Hebron, Kentucky, providing immediate access to all high net worth families in the community. The property enjoys ideal frontage and prime accessibility to more than 34,000 vehicles per day along I-275.


Features

This location is currently 76.5 percent occupied, offering investors a significant value add opportunity in the fast growing community of Hebron, KY. Population within a three-mile radius grew 3.7 percent annually in the last decade and is projected to grow by 5.1 percent over the next five years, making this facility a logical site of expansion for St. Elizabeth Healthcare. Recent renovations include $15 per square foot spent by tenant on interior improvements, four new rooftop HVAC units, roof shingles replaced, a new handicapped ramp entrance and new landscaping. The 2,435 square feet of current vacant space is in clean, immediately leasable condition.

Contact broker
Rebecca L. Wells_Commercial Real Estate Broker
Rebecca L. Wells

+1 312 848 2048

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