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140 Stonecrest Rd
Shelbyville, KY 40065

$1,846,294 USD

Medical For Sale  •  12,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,338 SF
  • Lot Size 0.94 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
49 Walk Score

Highlights

Anchored by Baptist Health – A Leading Regional Healthcare System – Baptist Health Medical Group occupies two suites
100% Leased Multi-Specialty Medical Tenancy – The building is fully occupied by a complementary mix of specialties including primary care, ENT
Established Medical Corridor Location – Situated along Stonecrest Road in Shelbyville, the property benefits from proximity to multiple Baptist Health
Excellent Market Fundamentals – Shelbyville offers stable suburban growth with expanding households, a rising service and healthcare employer base
Attractive Basis Relative to Replacement Cost – At a price of approximately $170 per square foot, the property offers an appealing basis
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Baptist Ob/Gyn Assoc
Centerwell Home Health
Inspire Weight Loss M
Maxcare Medical Services Pllc
Mpcaa
Pulmonary Care Service LLC

Public Transportation

AirportDriveWalkDistance
Louisville Muhammad Ali International 45 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Kyle Mackulak 262-672-8388 Matthews Real Estate Investment Services
Kyle Mackulak 262-672-8388 Matthews Real Estate Investment Services