103,410 Square Foot Office Space For Sale @ 9721 Ormsby Station Rd

Final Call For Offers: March 15, 2017 Property tours are available by appointment ONLY. Please contact Clay Manley to schedule at cmanley@naifortis.com or 502-583-4040. Investment Highlights: ±103,410 SF Multi-Tenant, Recently Renovated, Office Building Quality suburban office building in an active suburban market below replacement cost ±94% occupied by Teleperformance, Discover, and AmeriSave New 5 year lease with Amerisave and 5 years remaining with Teleperformance Highly desirable North Hurstbourne submarket Adjacent to Hurstbourne Green walking path which connects the building to numerous retail amenities. Investment Overview: Ormsby Station Office Building is a ±103,410 SF, office building located at 9721 Ormsby Station Road in Louisville, Kentucky. Originally built in 1994 and renovated in 2004 and 2014, Ormsby Station Office Building is situated on a ±10.57 acre parcel and contains a single-story office building with four tenant units and 590 surface parking spaces (±5.71 per 1,000 SF). The site provides panoramic views of the adjacent lake and surrounding green space creating a park like setting for the building tenants. Over the past year, the Property had ±$280,000 in capital expenditures including exterior painting and sealing of the building along with parking lot expansion. The Property is currently ±94.28% occupied and has one unit totaling ±5,920 SF available for lease allowing for some value-add through lease-up at market rates. Tenants include Teleperformance (±52.96% of GLA), Discover (±29.08% of GLA), and AmeriSave (±12.24% of GLA). Ormsby Station Office Building is located in Louisville, Kentucky, approximately 13 miles east of downtown Louisville. The Property is located in the vibrant northeast quadrant of the City of Louisville. Hurstbourne Green enjoys immediate frontage along Hurstbourne Parkway, a major commercial corridor that serves as a non-interstate beltway for the city. The Property is located along Ormsby Station Road in the Hurstbourne Green Office Park. Hurstbourne Green Office Park is Louisville?'s largest and best concentration of institutional-grade suburban office buildings. The office park provides its tenants with many amenities including business friendly Embassy Suites Hotel, Marriott Springhill Suites Louisville Hurstbourne/North, Homewood Suites and East End YMCA, a full service fitness and community center. The demographics within a 5-mile radius of the Property include an estimated 2016 population of ±179,907 people with an average household income of ±$96,029. Free Asset Summary Report AvailableWe've partnered with Situs, one of the most trusted names in commercial real estate research, to provide unbiased third-party insight for this asset. You can find the full, complimentary Asset Summary Report under the secure due diligence tab above.