9300 Stonestreet RdLouisville, KY 40272

This exceptional 27,439 square foot, single-story medical office building in Louisville, KY, presents a compelling investment opportunity. Located at 9300 Stonestreet Rd, in Jefferson County, this Class B property boasts a strong tenant roster, including Norton Healthcare and Heartsong Adult Day Health Care, secured by long-term leases (10-year weighted average lease term) with built-in annual rent escalators. Currently operating at 73% occupancy, this net-leased asset offers significant upside potential through lease-up of the remaining 27% vacancy (7,393 square feet). Built in 2001, the building sits on a 4.582-acre lot and offers an attractive in-place yield with a 6.25% cap rate and an asking price of $5,400,000 ($196.80 per square foot). The minimal landlord responsibilities inherent in the NNN lease structure further enhance the investment's appeal. This property is ideal for both investors seeking a cash-flowing asset with growth potential and owner-occupants looking for long-term, high-quality rental income. The property's location, less than a mile from Dixie Highway, provides excellent accessibility and visibility.