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1534 Poplar Level Rd 10,019 SF 100% Leased Office Building Louisville, KY 40217 $436,089 CAD ($43.53 CAD/SF)



EXECUTIVE SUMMARY
Single Tenant NNN Leased Investment in Excellent Location
Excellent opportunity to invest in a single tenant, NNN leased property in a desirable location. The existing tenant is a law firm on a three year lease (with a three year renewal option), with annual increases.
Located on a high visibility, signalized corner of Poplar Level across the street from St. X High School, the property has undergone significant recent renovations including: gutter and roof repairs, waterproofing, new flooring, new HVAC, concrete work, tree work, new lighting and hot water heater.
The main floor includes front reception, waiting area, two large offices, conference room, kitchen and two bathrooms. The second floor is an open floor plan with space for several desks. There is a large basement that can be used for additional storage.
The property includes ample off street parking and an access ramp to enter the building.
Excellent opportunity to invest in a single tenant, NNN leased property in a desirable location. The existing tenant is a law firm on a three year lease (with a three year renewal option), with annual increases.
Located on a high visibility, signalized corner of Poplar Level across the street from St. X High School, the property has undergone significant recent renovations including: gutter and roof repairs, waterproofing, new flooring, new HVAC, concrete work, tree work, new lighting and hot water heater.
The main floor includes front reception, waiting area, two large offices, conference room, kitchen and two bathrooms. The second floor is an open floor plan with space for several desks. There is a large basement that can be used for additional storage.
The property includes ample off street parking and an access ramp to enter the building.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
10,019 SF
Building Class
C
Year Built
2006
Price
$436,089 CAD
Price Per SF
$43.53 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
5,010 SF
Building FAR
1.10
Lot Size
0.21 AC
Zoning
OR1-OFFICE
1 1
PROPERTY TAXES
| Parcel Number | 084A0076P629 | Improvements Assessment | $176,845 CAD |
| Land Assessment | $138,746 CAD | Total Assessment | $315,590 CAD |
PROPERTY TAXES
Parcel Number
084A0076P629
Land Assessment
$138,746 CAD
Improvements Assessment
$176,845 CAD
Total Assessment
$315,590 CAD
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1534 Poplar Level Rd
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