125 Memorial Dr | Franklin, KY 42134
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- LoopNet Team
125 Memorial Dr
Franklin, KY 42134
Upperline Health | 8.5% cap | Hospital Adjcnt · Office Property For Sale
Investment Highlights
- Hospital Adjacent – Many of the properties have a hospital adjacent location which is prime for a medical office due to the referral base
- Tax-Friendly State – Kentucky recently reduced its income tax rate by 0.5% with plans to reduce it by the same for 2024
- Medical Office Buildings – Healthcare Real Estate has persisted through various consumer trends and economic downturns
- Highly Visible – Each site’s location is convenient and accessible, which is crucial for Healthcare Real Estate
- Referral Network – All 10 Upperline Health locations are within proximity to each other, creating a strong referral network
- Annual Rental Increases – Maintain growth of your investment dollars while hedging against inflation with annual rental increases
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
7,150 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,150 SF
Building FAR
0.15
Lot Size
1.13 AC
Zoning
C-1 - Commercial
Parking
64 Spaces (8.95 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 024-00-04-004.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,422,000 |
PROPERTY TAXES
Parcel Number
024-00-04-004.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,422,000
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