8311 Preston Hwy, Louisville, KY 40219

This exceptional investment opportunity presents a fully occupied, 58-bed drug and alcohol addiction treatment center in Louisville, Kentucky. The property, totaling 19,206 square feet across two buildings on a 2.42-acre lot, boasts a 9% cap rate. Completely renovated between 2021 and 2024, the main building features 15,990 square feet, complemented by a separate 3,216 square foot structure with potential for renovation or lease. The property includes a commercial kitchen with hood and Ansul system, an elevator, and ample parking. Built in 1950, this Class A medical office building benefits from a triple-net (NNN) lease and is situated in a prime location with C-1, OR-3, R-4, and R-7 zoning. The sale includes a leaseback agreement, offering a strong, stable income stream. The property also features two apartment buildings under a long-term ground lease. The asking price is $8,000,000. Furniture, fixtures, and equipment are negotiable. This is a rare opportunity to acquire a high-performing asset in a growing market.