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Under Contract
59 Cavalier Boulevard Florence KY 41042
Listing Information
Price $2,050,000
Listing Number 525465

Driving Directions
I-275 to Turfway Road exit to Hwy 18 to Cavalier Blvd. Property located on left side of road

Agent Remarks
Class A medical office property that is a passive net leased investment that has been 100% occupied for over 7 years. Property features three units with two established medical practices that have been in place for 15 plus years and one tenant in place for 7 years. All tenants under lease into 2021. The property has very strong corporate tenants, is in good condition, and is well maintained. This property is a good 1031 exchange alternative or limited partnership property with strong Cost Segregation possibilities. Excellent location in thriving Florence.

Commercial Information
# of Buildings1
New ConstructionNo
Gross Income$237,360.00
Net Operating Income$174,126.00
General Information
Property TypeCommercial
Zip Code41042
Listing Number525465
Property Features
HeatingElectric, Forced Air
CoolingCentral Air

Additional Information
Levels1 Story
ConstructionStone, Stucco
Lot Dimensions1.81 Acres
OccupancyTenant Right

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This listing courtesy of Copperwood Realty Group LLC. All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Hoeting Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.