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About This Home
Built in 1994, this commercial property at 3 HMB Circle sits on a 1.49-acre lot in Frankfort, Kentucky. The two-story building measures 20,830 square feet and is offered at $2,565,000. A triple net lease is currently in place, generating $250,000 in annual gross income with four years remaining on the term and two three-year renewal options.
The property is positioned for continued investment use within the local commercial market. Frankfort currently shows 150 active listings with an average home size of 2,729 square feet.
Great Investment Opportunity. 4 years left on a triple net lease with annual gross income 250,000. They have two 3 year terms with the option to renew.
Key Features
- Built in 1994
- 1.49 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$13,718/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3 HMB Circle
Frankfort, KY 40601
Commercial
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3 HMB Circle is listed at $2,565,000 ($123/sqft). The estimated monthly payment is $11,115 based on 20% down at 6.5% interest.
Key features include: Built in 1994, 1.49 acre lot, 2 stories.
This property is listed by Danny R Willis and can be reached at 5028035011 or drwc21@aol.com.