3 HMB Circle, Frankfort, KY 40601

$2,565,000
Property Type: Commercial Sale Square Footage: 20,830 Lot Size (sq. ft.): 64,904 Status: Active
Current Price: $2,565,000 List Date: 9/10/2025 Last Modified: 10/09/2025

Overview

Description

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.

Listing Details MLS# 25500918

Listing Information

Comp Sale YN
No
Property Sub Type
Office

Status Change Information

Status Change Timestamp
2025-09-10

Address

County
Franklin
Street Number
3
Street Name
HMB
Street Suffix
Circle
State
KY
Zip Code
40601
Parcel Number
085-00-00-011.05

Contract

Original List Price
2565000
Start Showing Date
2025-10-09
Listing Contract Date
2025-09-10
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
123.14

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Commercial

Interior

Living Area
20830
Living Area Units
Square Feet
Building Area Total
20830
Building Area Units
Square Feet

More Information

Building

Basement YN
Yes
Year Built
1994
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
1.49
Lot Size Square Feet
64904

Remarks

Public Remarks
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.

Building and Property Details

# of Men's Restrooms
4
# of Women's Restrooms
4

Income and Expenses

Gross Operating Income
243711
Gross Scheduled Income
249960
Net Operating Income
205212
Total Actual Rent
250000

Showing Information

Showing Instructions
Call Danny Willis for all showings to check and see if it is available to view at that time. Agent will have to let them in.

Tax & Legal

Tax Rate
13.92
Zoning
Other
Zoning Description
PO
Directions
US 460 turn right on Equine Way then take a left onto HMB Circle building is on the left hand side. You will see the sign out-front.

Association/Community

Number Of Buildings
1

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes

Construction Materials

Brick
Yes
Stucco
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Composition
Yes

Sewer

Public Sewer
Yes

Building Features

Partially Carpeted
Yes
Tile/Brick Floor
Yes
Vinyl Flooring
Yes

Business Type

Professional/Office
Yes

Ceiling

Dropped
Yes
Drywall
Yes

Existing Lease Type

NNN
Yes

Sale Includes

Building(s)
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
Show Anytime
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available Building Features: Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Professional/Office Ceiling: Dropped; Drywall Construction Materials: Brick; Stucco Existing Lease Type: NNN Parking Features: On Site; Paved Possession: Close Of Escrow; Negotiable Roof: Composition Sale Includes: Building(s) Sewer: Public Sewer Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water; Other Showing Requirements: Call Listing Agent; Show Anytime
Listing Office: CENTURY 21 Commonwealth R E
Last Updated: October - 09 - 2025
Information deemed reliable but not guaranteed.