For Sale
$2,175,000

103 Belinda BlvdDanville, KY 40422

Class A Office, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A office building, situated on a 2.37-acre lot at 103 Belinda Blvd, Danville, KY 40422, presents a compelling investment opportunity. Boasting 8,320 square feet of net rentable space in a single-story building constructed in 2003 and extensively renovated in 2018, this property offers a strong 6.25% cap rate. The building is currently occupied by a single tenant under a lease agreement. The property is zoned B-4 and features a desirable location in Boyle County. The asking price is $2,175,000, translating to $261.42 per square foot. This represents a significant opportunity for investors seeking a stable, high-return investment in a well-maintained, single-tenant office building. The property's recent renovations and long-term lease provide a secure and predictable income stream. The building's size and location make it an ideal investment for those seeking a strong return on investment in the Kentucky market.

Property Details for 103 Belinda Blvd

Property type
Office properties
Square Feet
8,320 SF
Class
A
Year Built/Renovated
2003/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
103,237 SF
Units
1

Location Insight

City
Danville
County
Boyle
State
Kentucky
Latitude
37.617947
Longitude
-84.7871152
103 Belinda Blvd, Danville, Kentucky

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103 Belinda Blvd
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