Documents
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Key facts
Year Built | 1976 |
Building Area Net |
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Land Area Net |
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Occupancy | 58.0 % |
Property description
JONES LANG LASALLE AMERICAS, INC. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 9901 Linn Station Road (the “Property” or “9901”), a 248,632 rentable square feet (“RSF”) newly renovated/ fully amenitized value-add, office asset located within Louisville’s renowned East End. 9901 Linn Station Road features 6+ years of in-place weighted average lease term (“WALT”) from HQ anchor, Apriss Insights’ (Equifax Inc./Moody’s BBB), and Honeywell (Moody’s A). The stability in the anchor tenancy combined with the large 22,032 RSF flexible floor plate design, provides ample runway to lease up the top three floors to headquarter type tenancy. 9901 provides immediate upside through lease up of a newly renovated office asset in the heart of Louisville’s preferred suburban location.
Investment highlights
Long Term Investment Grade Anchor Tenancy Provides Stable Cash Flow Through Lease Up
Recently Renovated/Amenitized – Lobby, Common Areas, Fitness Center, Tenant Lounge
Upside Opportunity Through Lease Up of HQ Quality Space Over Top 3 Floors
Strategic Location & Superior Accessibility - Suburban Louisville is Tenants’ Preferred Destination
Substantial Discount to Replacement Cost