Gail Popovitz

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Listing provided courtesy of CENTURY 21 Commonwealth R E- MLS# 25500918MLS Provider

3 HMB CircleFrankfort, KY 40601

Commercial · 20,830 Sq. ft. | 1.49 Acres
$2,565,000 Active

3 HMB Circle Overview

Time on Site:
292 days
Visits:
8

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.

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3 HMB Circle Facts & Features

  • Type Commercial
  • Sq. ft. 20,830
  • Price/Sq.ft. $123
  • Lot 1.49 Acres

Details

General

Income/Expenses

  • Existing Lease Type: NNN
  • Gross Scheduled Income: 249960.0
  • Net Operating Income: 205212.0

Building Information

  • Year Built: 1994

Business Information

  • Business Type: Professional/Office

Location/Region

  • County Or Parish: Franklin
  • MLS Area Major: 014 - Franklin County
  • MLS Area Minor: 014 - Franklin County
  • Subdivision Name: Commercial

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Other,Sewer,Trash Collection,Water

General Information

  • Parcel Number: 085-00-00-011.05
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 20830.0
  • Building Area Units: Square Feet

General Information

  • Basement: true
  • Building Features: Partially Carpeted,Tile/Brick Floor,Vinyl Flooring
  • Living Area: 20830.0
  • Living Area Units: Square Feet
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: On Site,Paved

Lot Information

  • Lot Size Acres: 1.49
  • Lot Size Area: 1.49
  • Lot Size Square Feet: 64904.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick,Stucco
  • Roof: Composition

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

3 HMB Circle Neighborhood

Community

40601 (Frankfort) Demographics

41
Median Age
228
Population Density (per sq. mile)
38%
College Educated
$59,397
Estimated Median Income
13,545
Estimated Total Home Owners
8,107
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3 HMB Circle Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3 HMB Circle Market Data

Based on the last 30 days in this zip code

$362,363
Average List Price
$166
Average Price per Square Foot
55
Properties Sold
77
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network

3 HMB Circle History

Date Event Value Agent
9/10/2025Source: Imagine MLS/Bluegrass Added to Database
September 10, 2025