Class "A" Office | ±172,215 SF | 100% Occupied

1648 McGrathiana Pkwy, Lexington, KY 40511

  • For Sale $25,000,000
  • Property Type Office - Government Office
  • Property Size 172,215 SF
  • Units 16
  • Lot Size 9.6 Acre
  • Parking Spaces Avail. 822
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2009
  • Date Updated Aug 7, 2025
This property is located in Lexington, KY.Opportunity to acquire a 100% occupied class “A” office building in Lexington, KY. The gorgeous 5-story ±172,215 SF building built in 2007 is anchored by long term tenants; University of Kentucky & the American Board of Family Medicine. The impressive tenant roster includes other household names such as A&W, FBI, Secret Service, Lockheed Martin, and KOMATSU. Acquiring the property at just $145 per square foot offers investors a rare opportunity to purchase well below replacement cost, creating long-term value with both income stability and significant upside potential. The property is well-located in The University of Kentucky Coldstream Research Campus. The campus is conveniently located 2-blocks from the Newton Pike exit off Hwy 64, 5 miles north of downtown Lexington and only 8.6 miles from the Blue Grass airport.
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Highlights

  • 8 Tenants in 16 suites
  • 80-Year land lease
  • Average rent PSF $20.71
  • Excellent engineer/management in place
  • Kentucky Broker of Record: Bang Realty, Brian Brockman, Bang Realty KY License #204982
  • Redundant power from two different substations
  • Two separate generators
  • WALT 3.00
  • Year built: 2009

Contacts

broker
Michael Bull, CCIM

Bull Realty

Location

Getting Around

  • Walk Score ®

    14/100 Car-Dependent

  • Transit Score ®

    27/100 Some Transit

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lexington, KY
  • Neighborhood Spindletop
  • Zip Code 40511
  • Market Lexington

Points of Interest

  • Marathon

    0.30 miles

  • Shell

    0.53 miles

  • Speedway

    1.71 miles

  • Lex Express

    2.29 miles

  • Tesla Supercharger

    6.68 miles

  • ChargePoint

    7.12 miles

  • Central Bank Center Parking Garage

    3.29 miles

  • Victorian Square parking garage

    3.36 miles

  • Rupp Arena

    3.40 miles

  • Rupp Arena Parking Lot

    3.41 miles

  • Courthouse Plaza

    3.52 miles

  • Library Parking

    3.60 miles

  • Helix Parking Garage

    3.62 miles

  • LFUCG Garage

    3.65 miles

  • Phoenix Lot

    3.66 miles

  • Calvary Baptist Churc

    3.66 miles

  • Embassy Suites

    0.18 miles

  • Griffin Gate Marriott Resort & Spa

    0.44 miles

  • Four Points by Sheraton - Lexington

    0.52 miles

  • La Quinta Inn - Lexington

    0.53 miles

  • Glo by Best Western

    0.58 miles

  • Fairfield Inn & Suites Lexington North

    0.62 miles

  • Residence Inn

    1.38 miles

  • Courtyard

    1.47 miles

  • Candlewood Suites Lexington

    1.63 miles

  • Horseshoe Motel

    1.90 miles

  • McDonald's

    0.50 miles

  • Subway

    0.54 miles

  • Waffle House

    0.55 miles

  • Cracker Barrel

    0.62 miles

  • Zaxby's

    1.74 miles

  • Wendy's

    1.78 miles

  • Arby's

    1.81 miles

  • KFC

    1.81 miles

  • Lee's Famous Recipe Chicken

    1.83 miles

  • Sir Pizza

    1.84 miles

  • University of Kentucky Agricultural Experimental Station

    0.26 miles

  • Winburn Middle School

    0.97 miles

  • Rise STEM Academy for Girls

    1.51 miles

  • The Academy at Lexington

    1.98 miles

  • Mary Todd Elementary School

    2.26 miles

  • Booker T Washington Montessori Magnet School

    2.47 miles

  • Bluegrass Community Technical College

    2.49 miles

  • Sandersville Elementary School

    2.56 miles

  • Meadowthorpe Elementary School

    2.60 miles

  • Transylvania University

    3.04 miles

  • Center For Children

    1.83 miles

  • The Nest Center for Women, Children and Families

    3.11 miles

  • ABC 123 Learning Center

    3.24 miles

  • Wee Care

    4.15 miles

  • Fayette Cooperating Preschool & Kindergarten

    5.67 miles

  • Pepperhill Day School & Camp

    5.95 miles

  • Crestwood Childcare Center

    6.10 miles

  • La Petite Academy

    6.76 miles

  • KinderCare

    7.28 miles

Frequently Asked Questions

How much does Class "A" Office | ±172,215 SF | 100% Occupied cost?

The space currently listed for sale at Class "A" Office | ±172,215 SF | 100% Occupied asks for $25,000,000.

What is the total square footage of Class "A" Office | ±172,215 SF | 100% Occupied?

Class "A" Office | ±172,215 SF | 100% Occupied totals 172,215 square feet.

When was this property built?

Class "A" Office | ±172,215 SF | 100% Occupied was built in 2009.

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Contact Listing Broker
broker
Michael Bull, CCIM

Bull Realty

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