Two-Tenant Oral Surgery
For Sale
Contact for pricing
2800 Cannons Ln, Louisville, KY 40205
Two-tenant oral surgery property with a 7.22% cap rate.
Property Size11,787 SF
Price / SF$562.88
Days on Market170
Property Features for 2800 Cannons Ln
General Information
Standard status
Active
Size
11,787 SF
Property subtype
Office
Lease Type
NNN
Net Operating Income
$479,051
Building Details
Year Built
2014
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Matthews
Listed By:
Seamus O'Brien · License #CA
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Jul 30 at 3:49PM
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 Matthews
Investment Insights
Based on property information with market context.
This commercial property is suitable for medical office or general office use. The property is occupied by two tenants and is being offered for sale as an investment opportunity. The property has a capitalized rate of 7.22% and a weighted average lease term (WALT) of 9.1 years. Leases include annual rent increases of 2% to 3%. The building has a total area of 11787 square feet.
Key Highlights
- 9.1‑yr walt (weighted average lease term)
- 7.22% cap rate
- Priced at $6.63m
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40205, KY
24,077
Population
11,021
Households
2.2
Avg Household Size
43
Median Age
65%
College-Educated
97%
High-School Grad
6.9 sq mi
ZIP Area
3,489
Density / Sq Mi
$98,990
Median Household Income
$54,604
Median Earnings
$1,095
Median Rent
$361,900
Median Home Value
Market
Vacancy Rate% for Office in Louisville, KY
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-tenant oral surgery property with a 7.22% cap rate.
Where is this medical office space located?
The property is located at 2800 Cannons Ln Louisville, KY.
What is the asking price?
The asking price for this property is $6,634,621.
What are key features of this property?
This property features: 9.1‑yr walt (weighted average lease term); 7.22% cap rate; Priced at $6.63m
