3 HMB Circle, Frankfort, KY 40601 (MLS# 25500918)

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.