Single tenant building that was custom built to suit for the Commonwealth of Kentucky Cabinet for Health and Family Services. The property is leased until June 30, 2028 making this a high return office investment with nearly 7 years of lease term remaining. This office building is offered for sale at less than 50% of replacement cost. This modified gross lease provides for tenant paid utilities and some tenant paid maintenance. The net operating income is approximately $52,000 per year providing a 7.43% cap rate.
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