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High-Occupancy Owensboro Office Asset
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725 Harvard Dr, Owensboro, KY 42301

Turnkey office asset with proven occupancy and steady rent growth.

Property Size4,931 SF
Days on Market216

Property Features for 725 Harvard Dr

General Information

Standard status Active
Size 4,931 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 4,931 SF
Year Built 1974

Properties For Sale

at 725 Harvard Dr Contact us

CoWorking Space

Size 25 SF
Type Executive Suites
Term MTM
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Office 15

Size 300 SF
Type Executive Suites
Term MTM
Contact us

Office 2

Size 100 SF
Type Executive Suites
Term MTM
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Office 4

Size 100 SF
Type Executive Suites
Term MTM
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Office 1

Size 100 SF
Type Executive Suites
Term Negotiable
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Listing Agency: Barron Commercial Group
Listed By: Bo Barron, CCIM · License #KY #207674
Source: Barroncommercial
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 7 at 10:16AM

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 Barron Commercial Group

Investment Insights

Based on property information with market context.

725 Harvard Drive is an office asset with a history of high performance, demonstrating over 90% occupancy and consistent annual rent growth exceeding 4% over the past four years. The property is designed as a turnkey executive office and coworking center, catering to the demand for small, furnished offices among professionals and remote workers seeking flexibility. This has resulted in a stable and diversified rent roll, supported by consistent demand and predictable operations. Harvard Drive is situated in a convenient professional area of Owensboro, offering a balance of accessibility and tranquility. While located just off the main commercial corridors, it provides quick access to major retail, restaurants, and daily conveniences. The surrounding neighborhood is home to a variety of local businesses, including real estate firms, healthcare practices, architects, and financial advisors, all of whom value accessibility without the congestion of Frederica Street traffic. The property is intended for use as an office and coworking center.

Key Highlights

  • Proven 90%+ Occupancy for 4+ Years
  • Enjoy Steady 4%+ Annual Rent Growth
  • High‑Demand Small Office Segment

Property Analytics

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Current Use

Med Source Plus Medical Clinic Divers Supply Indy ... Vocational School Farmer & Wright, PLLC Law Firm Advanced Investment Management, ... Financial Advisor Tammy Cummings Physician

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Storage Facility Big Box & Wholesale Store Catering Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 42301, KY

44,883
Population
19,833
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
259
Density / Sq Mi
$62,010
Median Household Income
$37,305
Median Earnings
$883
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Coworking space - Turnkey office asset with proven occupancy and steady rent growth.
Where is this coworking space located?
The property is located at 725 Harvard Dr Owensboro, KY.
What are key features of this property?
This property features: Proven 90%+ Occupancy for 4+ Years; Enjoy Steady 4%+ Annual Rent Growth; High‑Demand Small Office Segment
More about this property
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