Horizon Office Park I

Off-Market

13101 Magisterial Drive, Louisville, KY 40223

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 30,000 SF
  • Lot Size 2 Acre
  • Parking Spaces Avail. 84
  • Parking Ratio 2.80 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2005

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Louisville

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Louisville Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $19.44
  • 2022 Office Vacancy Rate 14.60%
  • 2022 Office Completions (SF)

Louisville Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $111.68
  • Y-o-Y Avg. PpSF Change -30.94%
  • 2022 Office Sales Volume $216.8M
  • 2022 Number of Transactions 19
View more Louisville market trends

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent

  • Transit Score ®

    22/100 Minimal Transit

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Louisville, KY
  • Neighborhood Eastpoint Parkway
  • Zip Code 40223
  • Market Louisville

Points of Interest

  • Speedway

    0.74 miles

  • Kroger Fuel Station

    1.37 miles

  • Thorntons

    1.45 miles

  • Kroger

    1.80 miles

  • Thorntons

    1.85 miles

  • Speedway

    1.85 miles

  • Marathon

    2.33 miles

  • Thorntons

    2.37 miles

  • Marathon

    2.65 miles

  • Valero

    2.72 miles

  • truck parking

    4.79 miles

  • car parking

    4.82 miles

  • Yew Dell Botanical Gardens Parking Lot

    5.34 miles

  • Living Stone Church Parking

    5.71 miles

  • Main Exit from Shelbyville Road Plaza

    6.67 miles

  • Main Entrance to Shelbyville Road Plaza

    6.68 miles

  • Carrithers Middle School Parking

    6.98 miles

  • Junior parking lot

    7.69 miles

  • Visiting parking lot

    7.72 miles

  • Senior Parking lot

    7.79 miles

  • La Quinta Inn & Suites by Wyndham Louisville East

    0.88 miles

  • InTown Suites Louisville Northeast

    2.76 miles

  • Aloft

    2.96 miles

  • Holiday Inn Express Louisville Northeast

    3.07 miles

  • Hampton Inn Louisville-Northeast

    3.09 miles

  • SpringHill Suites - Louisville Hurstbourne/North

    3.29 miles

  • Embassy Suites by Hilton Louisville

    3.40 miles

  • Residence Inn Louisville Northeast

    3.44 miles

  • Courtyard by Marriott Louisvillle Northeast

    3.47 miles

  • Staybridge Suites

    3.47 miles

  • Subway

    0.75 miles

  • Old School Pizza

    1.36 miles

  • Subway

    1.37 miles

  • Firenza Pizza

    1.39 miles

  • El Nopal

    1.40 miles

  • Jimmy John's

    1.41 miles

  • McDonald's

    1.48 miles

  • KFC

    1.52 miles

  • Arby's

    1.56 miles

  • Double Dragon II

    1.57 miles

  • Learning Express

    1.74 miles

  • Bellewood Presbyterian Home for Children

    1.76 miles

  • Anchorage Independent School

    1.86 miles

  • Eastern High School

    2.12 miles

  • Hite School

    2.21 miles

  • Middletown Elementary School

    2.25 miles

  • Jefferson Vocational School

    2.61 miles

  • Christian Academy

    2.66 miles

  • Highlands Latin School , Spring Meadows Campus

    2.81 miles

  • Maryhurst Alternative School

    2.85 miles

  • Walkins Preschool

    3.52 miles

  • Discovery Daycare

    3.93 miles

  • The Vanguard Academy

    4.79 miles

  • Bluegrass Childcare

    6.26 miles

  • Cornerstone Child Development Center

    7.52 miles

  • Prospect Preschool Academy

    8.35 miles

  • Sproutlings Pediatric Day Care & Preschool

    8.48 miles

  • Brilliant Minds Academy

    9.24 miles

  • Kiddo

    9.77 miles

Frequently Asked Questions

What is the total square footage of Horizon Office Park I?

Horizon Office Park I totals 30,000 square feet.

When was this property built?

Horizon Office Park I was built in 2005.

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