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Single-Tenant Medical Office Condo
For Sale
Contact for pricing
Pending

6905 Burlington Pike, Florence, KY 41042

Fully leased healthcare condominium with structured rent growth and renewal rights.

Property Size3,625 SF
Days on Market140

Property Features for 6905 Burlington Pike

General Information

Standard status Pending
Size 3,625 SF
Property subtype Office
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Kyle Mackulak · License #CA 02055597
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 8:00PM

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 3,625-square-foot medical office condominium is fully occupied by Bennett and Bloom Eye Centers, which operates in partnership with EyeCare Partners. The existing lease provides 3 percent annual rent increases, approximately two and a half years remaining in the initial term, and two additional five-year renewal options.

The property is located at 6905 Burlington Pike in Florence, Kentucky, within the Cincinnati metropolitan area. Burlington Pike provides access and exposure, with national retailers, residential neighborhoods, and daytime population surrounding the property. EyeCare Partners has more than 780 affiliated locations across 18 states.

Key Highlights

  • 3,625‑square‑foot medical office condominium
  • 100 percent occupied by Bennett and Bloom Eye Centers
  • 3 percent annual rent increases in the existing lease

Property Analytics

Current Use

Bennett & Bloom Eye ... Eye Care Center Clarke Gregory B ... Physician Beyerbach Daniel M ... Physician Dr. Kelley Sedlock Physician Lawrence Tenkman Ophthalmologist

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Travel Agency

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby
Balanced
Demand for This Use

Demographics for 41042, KY

54,183
Population
23,640
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
22.1 sq mi
ZIP Area
2,452
Density / Sq Mi
$75,582
Median Household Income
$43,501
Median Earnings
$1,240
Median Rent
$210,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Shelby Street Veterinary Hospital 7220 Burlington Pike, Florence, KY 41042
  • Noah's Ark Animal Clinic of Florence 7025 Burlington Pike, Florence, KY 41042
  • Animal Eye Institute of Northern Kentucky 6907 Burlington Pike, Florence, KY 41042
  • VetIQ Petcare 4990 Houston Rd, Florence, KY 41042
  • PetVet365 Pet Hospital Florence 7289 Turfway Rd, Florence, KY 41042

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased healthcare condominium with structured rent growth and renewal rights.
Where is this medical office space located?
The property is located at 6905 Burlington Pike Florence, KY.
What are key features of this property?
This property features: 3,625‑square‑foot medical office condominium; 100 percent occupied by Bennett and Bloom Eye Centers; 3 percent annual rent increases in the existing lease
More about this property
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