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2800 Cannons Ln
Louisville, KY 40205 Bowman

$6,634,621 USD

Medical For Sale  •  12,745 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,787 SF
  • Lot Size 0.6 AC
  • Building Class B
  • Year Built 2014
  • Cap Rate 7.22 %
  • Tenancy Multiple
  • Zoning (OTF) & (O
35 Transit Score
24 Walk Score

Highlights

NNN medical office investment with ±9.1-year WALT and 2%-3% annual rent increases.
Anchored by Paradigm Oral Health and Blue Cloud Surgery Center, both national operators.
7.22% cap rate with $479,051 NOI and $6,634,621 list price for strong yield.
Dense Louisville demographics with 240,000+ residents within 5 miles.
Build-to-suit construction completed in 2014 for specialized healthcare use.
Strategic location near Home Depot-anchored center and major national retailers.
Cap Rate: 7.22 %

Major Tenants

Tenant SF Occupied Lease End Date
Blue Cloud Pediatric Surgery Centers 6,730 SF 12/30/2035
Paradigm Oral Health 5,057 SF 9/29/2034

Amenities

  • Bus Line

Public Transportation

AirportDriveWalkDistance
Louisville Muhammad Ali International 18 min - 9.5 mi
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services