436 South 7th Street, Louisville, KY for sale

Investment Overview

Three story, 16,068 SF office building with 47 on site surface parking spaces, one block from the Jefferson County courts and next door to the new Jefferson County Sheriff's Office at 700 W. Liberty. NACM has owned the building since 1987, and this is its first time on the market in nearly 40 years. The building has long served attorneys and other court adjacent professionals. It remains a strong fit for law firms, nonprofits, associations, and professional-services firms that want to own downtown space with parking. The first floor is leased and the second floor is about two thirds leased on flexible terms. The third floor is mostly vacant except for some offices occupied by the seller and it can be delivered vacant at closing. An owner user can move into the third floor right away and expand as leases roll. An investor gets in place income plus lease-up upside.

Investment Highlights

• 16,068 SF, 3-story office building on 0.5621 acres
• Ideal for owner users, law firms, nonprofits, and associations as well as investors.
• 47 on site parking spaces — a rare CBD amenity
• Located in a Qualified Opportunity Zone
• One block from Jefferson County Judicial Center and Hall of Justice
• Priced below current Jefferson County PVA assessed value