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316 Spangler Dr 2,730 SF Office Building Richmond, KY 40475 $1,115,340 CAD ($408.55 CAD/SF) 6.60% Cap Rate



EXECUTIVE SUMMARY
Net leased investment opportunity
Newly built medical building with 11+ years remaining on lease
Located off Eastern Bypass/Route 876 which sees 32,000+ VPD
Forefront Dermatology, in partnership with Dermatology Consultants, manages more than 230 clinics across 26 states, making it the largest provider of dermatology services in the U.S.
Newly built medical building with 11+ years remaining on lease
Located off Eastern Bypass/Route 876 which sees 32,000+ VPD
Forefront Dermatology, in partnership with Dermatology Consultants, manages more than 230 clinics across 26 states, making it the largest provider of dermatology services in the U.S.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,730 SF
Building Class
C
Year Built
2021
Price
$1,115,340 CAD
Price Per SF
$408.55 CAD
Cap Rate
6.60%
NOI
$73,612 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,730 SF
Building FAR
0.15
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
15 Spaces (5.49 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,078,910 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,078,910 CAD
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316 Spangler Dr
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