First-Floor Office Suite with
3220 Office Pointe Pl Louisville, KY 40220
3220 Office Pointe Pl, Louisville, KY, 40220
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For Sale
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Move-in ready 7,000 SF first-floor office suite with multiple offices, conference spaces, and marble entry.
Property Size7,000 SF
Price / SF$145
Days on Market157
Property Features for 3220 Office Pointe Pl
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Office
Listing agency
Commonwealth Commercial Real Estate
(502) 379-6000
Listed by
Rhonda Karageorge · License #KY 46762
Source
Crexi
Added: Feb 16 Updated: Jul 23 at 4:57AM Checked: Jul 23 at 4:57AM
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 Commonwealth Commercial Real Estate
Investment Insights
Based on property information with market context.
Move-in ready first-floor office space at the Hurstbourne Springs Professional Building offering high-end finishes throughout. The suite totals 7,000 SF across suites 100 and 101 and is described as fully furnished with high-end furniture, fixtures, and equipment. Interior features include coffered ceilings with recessed panels, an Italian marble entryway, built-in cabinetry, granite counters, and glass accents. The space is supported by a security system with indoor and outdoor cameras and includes integrated music system in each office.
The layout includes reception and waiting areas, 16 private offices, multiple break areas and conference rooms, and ample storage. Suite 100 is 5,000 SF with a reception area, 10 windowed offices, a glass-enclosed conference room, multiple workrooms, a full kitchen, and two restrooms. Suite 101 is 2,000 SF with a reception and waiting area, six offices, a full breakroom, a storage area, and one restroom.
Multiple entrances provide direct access to parking, and the property includes ample parking at the door. The tenant pays a condo fee that includes water and dumpster service, while gas, electric, phone, and internet are the tenant’s responsibility. The owner will lease either unit separately, but the property is offered for sale only as the full 7,000 SF.
The layout includes reception and waiting areas, 16 private offices, multiple break areas and conference rooms, and ample storage. Suite 100 is 5,000 SF with a reception area, 10 windowed offices, a glass-enclosed conference room, multiple workrooms, a full kitchen, and two restrooms. Suite 101 is 2,000 SF with a reception and waiting area, six offices, a full breakroom, a storage area, and one restroom.
Multiple entrances provide direct access to parking, and the property includes ample parking at the door. The tenant pays a condo fee that includes water and dumpster service, while gas, electric, phone, and internet are the tenant’s responsibility. The owner will lease either unit separately, but the property is offered for sale only as the full 7,000 SF.
Key Highlights
- Move‑in ready 7,000 SF first‑floor office space in Hurstbourne Springs Professional Building (suites 100 and 101).
- Suite 100 includes reception, 10 windowed offices, glass‑enclosed conference room, multiple workrooms, full kitchen, and 2 restrooms.
- Suite 101 includes reception & waiting area, 6 offices, full breakroom, storage area, and 1 restroom.
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 | $147.0k | $21.00 |
| − Vacancy | −$26.5k | −$3.78 |
| EGI | $120.5k | $17.22 |
| − OpEx | −$30.1k | −$4.31 |
| NOI | $90.4k | $12.92 |
7,000 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,405 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $127,008 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Icon Grantline Shopping ...
Shopping Center & Mall
Gazak Brown, P.S.C.
Law Firm
Metromedical Solutions-Office
Medical Clinic
Custer Stephen
Law Firm
Metromedical Solutions LLC
Medical Billing Service
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FAQs
What type of property is this?
Office units - Move-in ready 7,000 SF first-floor office suite with multiple offices, conference spaces, and marble entry.
Where is this office units located?
The property is located at 3220 Office Pointe Pl Louisville, KY.
What is the asking price?
The asking price for this property is $1,015,000.
What are key features of this property?
This property features: Move‑in ready 7,000 SF first‑floor office space in Hurstbourne Springs Professional Building (suites 100 and 101).; Suite 100 includes reception, 10 windowed offices, glass‑enclosed conference room, multiple workrooms, full kitchen, and 2 restrooms.; Suite 101 includes reception & waiting area, 6 offices, full breakroom, storage area, and 1 restroom.
