Taylor Mill Medical Office
5522 Taylor Mill Rd Taylor Mill, KY 41015
5522 Taylor Mill Rd, Taylor Mill, KY, 41015
$1,800,000
For Sale
$1,800,000
Single tenant medical office building leased to Cultivate Behavioral Health.
Property Size11,355 SF
Lot Size2.39 Acres
Price / SF$158.52
Days on Market175
Property Features for 5522 Taylor Mill Rd
General Information
- Standard status
- Active
- Size
- 11,355 SF
- Lot size
- 2.39 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency
Lee & Associates - Dallas/Fort Worth
(832) 515-4062
Listed by
Lauren Konen · License #521093
(832) 515-4062
Source
Lee-associates
Added: Jan 26 Updated: Jul 6 at 9:34 am Checked: Jul 19 at 2:50 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Dallas/Fort Worth
Investment Insights
Based on property information with market context.
The property at 5522 Taylor Mill Road in Taylor Mill, Kentucky, is a single-tenant medical office building available for sale. The building has 11,355 square feet of space and is situated on two lots totaling 2.39 acres. It is currently leased to Cultivate Behavioral Health & Education, a national behavioral health group, under a Triple Net lease with approximately 3 years remaining on the term. The property is located in Northern Kentucky, near Cincinnati, which is described as a high-demand area for ABA services. The building's use as a medical office, particularly for behavioral health, is strengthened by the presence of Cultivate Behavioral Health & Education. The intended use of the property is for medical office purposes.
Key Highlights
- Leased to Cultivate Behavioral Health & Education, a national behavioral health group.
- Triple Net lease structure with approximately 3 years of term remaining.
- Located in Northern Kentucky, near Cincinnati, a high‑demand area for ABA services.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $227.6k | $20.04 |
| − Vacancy | −$30.0k | −$2.65 |
| EGI | $197.5k | $17.39 |
| − OpEx | −$49.4k | −$4.35 |
| NOI | $148.1k | $13.05 |
11,355 SF · lease $20.04/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.12M
$1.85M – $2.47M
NOI $148,138 @ 7.0% cap · market cap 8.23%
Second Best
Healthcare Medical
$572.1K
$500.6K – $667.5K
NOI $40,047 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$2.93M
$2.56M – $3.42M
NOI $205,197 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Single tenant medical office building leased to Cultivate Behavioral Health.
Where is this medical office space located?
The property is located at 5522 Taylor Mill Rd Taylor Mill, KY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Leased to Cultivate Behavioral Health & Education, a national behavioral health group.; Triple Net lease structure with approximately 3 years of term remaining.; Located in Northern Kentucky, near Cincinnati, a high‑demand area for ABA services.
