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Medical Office Building with Backup Generator
For Sale
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6500 Preston Hwy, Louisville, KY 40219

Medical office building with two suites, partial dry basement storage, and a backup generator serving the full building.

Property SizeContact for details
Days on Market121

Property Features for 6500 Preston Hwy

General Information

Standard status Active
Property subtype Office
Occupancy 100%

Additional Details

Office Units 2

Amenities

backup generator
partial dry basement for storage

Building Details

Year Built 1992
Year Renovated 2000
Tenancy Multi
Listing Agency: Duncan Commercial Real Estate
Listed By: Todd Whitchurch · License #KY 57445
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:35PM

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 Duncan Commercial Real Estate

Investment Insights

Based on property information with market context.

This medical office building was originally built as a small hospital in 1992 and later updated in 2000 as a medical practice office building. The property is currently split into two suites, with one side occupied by a large pediatric practice and the other side occupied by one of the owners, who would be willing to sign a new lease with new owners. With the existing layout, there is the option to create a third suite for a total of three practices in the building.

The building provides visibility off Preston Hwy and has two separate ingress/egress routes. Additional on-site support includes a partial dry basement for storage and a backup generator that serves the entire building.

Reported income is a mix of NNN and gross leases, supported by two long-term tenants with established practices.

Key Highlights

  • $185,000/year income mix of NNN and gross leases, with two very long‑term tenants.
  • Medical building originally built as a small hospital by Humana in 1992; updated in 2000.
  • Currently split into 2 suites: one side leased to a very large pediatric practice and the other side occupied by an owner tenant.

Property Analytics

Current Use

Beth A. Karaoud, ARNP Physician Ashwin K Dixit Physician Sarah Simpson Physician Richard & Sons Plumbing ... Plumbing Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40219, KY

40,300
Population
16,699
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,705
Density / Sq Mi
$52,271
Median Household Income
$37,108
Median Earnings
$967
Median Rent
$186,000
Median Home Value

Market

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
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Similar Off Market Nearby

  • Chewy Pharmacy 3621 Fern Valley Rd, Louisville, KY 40219

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building with two suites, partial dry basement storage, and a backup generator serving the full building.
Where is this medical office space located?
The property is located at 6500 Preston Hwy Louisville, KY.
What are key features of this property?
This property features: $185,000/year income mix of NNN and gross leases, with two very long‑term tenants.; Medical building originally built as a small hospital by Humana in 1992; updated in 2000.; Currently split into 2 suites: one side leased to a very large pediatric practice and the other side occupied by an owner tenant.
More about this property
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