4122 Shelbyville RdLouisville, KY 40207

For Lease
$27/SF/YR

Prime Louisville medical office suite available.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,344 square foot medical office suite is located within the St. Matthews Healthcare Plaza, a two-building complex situated on a 1.76-acre lot (76,666 square feet total) at 4122 Shelbyville Rd, Louisville, KY 40207. The property, built in 1960 and renovated in 2006, boasts a Class B rating and offers convenient access from a signalized intersection at Shelbyville Rd & Thierman Ln. Ample parking is available for tenants and visitors. The suite itself benefits from recent upgrades and enjoys excellent visibility due to its prime location. The larger plaza features a total of 26,519 square feet and is zoned OR-3. The property is also available for purchase, presenting a compelling investment opportunity with a current Net Operating Income (NOI) of approximately $339,930.40, featuring annual rent increases and CAM bill-backs for existing tenants. The surrounding area offers numerous amenities, including shopping, dining, and fitness facilities. The potential exists to expand the building by approximately 4,000+ square feet at the front, facing Shelbyville Road. This suite is ideally suited for a dental practice, offering easy access and significant parking.

Highlights

  • 1,344 SF medical office suite in St. Matthews Healthcare Plaza, Louisville, KY.
  • Located at 4122 Shelbyville Rd, at a signalized intersection with ample parking.
  • Class B building, renovated in 2006, with excellent visibility.
  • 26,519 SF plaza on a 1.76-acre lot, OR-3 zoning.
  • Available for lease or sale; $339,930.40 NOI (approx.).
  • Potential for 4,000+ SF expansion.

Property Details for 4122 Shelbyville Rd

Property type
Other retail properties, Other office properties
RSF (Rentable sq. ft)
26,519 SF
Class
B
Year Built/Renovated
1960/2006
Buildings
2
Stories
1

Unit(s) available at that property

Space
Suite E
Size
1,344 SF
Rate per SF
$27

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2514617
Longitude
-85.645153
4122 Shelbyville Rd, Louisville, Kentucky

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4122 Shelbyville Rd
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