300 Fairoaks Lane, Frankfort, KY 40602
Commercial property for sale
Added: 01/16/2012
Last Update: 06/29/2012
300 Fairoaks Lane
Frankfort, KY
40602 US
Description
This is a nice one-story building located next the major state office buildings called Leestown Square. Two state agencies occupy 100% of the building with a lease through June 30, 2015. The building is located at traffic light, has good parking, great visibility and has a commercial zoning. The asking price is an 9.2% cap rate on the 2011 projected NOI. The property is surrounded by the Buffalo Trace Distillery. The Tenants pay for their utilities and janitorial cost. This is over 3 acres of land at a traffic light. Building price details: $1,995,000.
Property Details
- Type: Commercial (Other)
- Status: Available
- Year Built: 1994
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 159
- Parking Type: Surface