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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
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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

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