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Single Tenant Office Building

150-152 West Zandale Drive, Lexington, KY 40503

  • For Sale $1,475,000
  • Property Type Office - General Office
  • Property Size 10,761 SF
  • Lot Size 0.72 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Date Updated Jun 27, 2022
The property is located on Nicholasville Road and is approximately ½ mile from Baptist Health Hospital, 2 miles from the University of Kentucky campus, 3 miles from downtown and 5 miles from the Blue Grass Airport. There are many restaurants, financial institutions and shopping centers located in the immediate area offering an added convenience and traffic generators.
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Location

  • City Lexington, KY
  • Neighborhood Deerfield
  • Zip Code 40503
  • Market Lexington

Contacts

Al Isaac

NAI Isaac Commercial Properties

(859) 422-4400

Highlights

  • +/-10,761 SF two-story office building on .72 AC
  • 100% occupied by single tenant; Mountain Comprehensive Care Center operates more than 30 outpatient clinics, complexes and community based service centers across Kentucky
  • Lease term: 4 years remaining
  • Building serviced by elevator
  • Separate HVAC units for effective temperature control
  • 51 parking spaces
  • High traffic area with direct access to Nicholasville Road at signalized intersection
  • After hours month-to-month parking lease with adjacent restaurant
  • Approximately ½ mile from Baptist Health Hospital, 2 miles from the University of Kentucky campus and Saint Joseph Hospital, 3 miles from downtown and 5 miles from the Blue Grass Airport
  • Many restaurants, financial institutions and shopping centers located in the immediate area offering convenience for all services
  • Average daily traffic count of +/-39,348 VPD on Nicholasville Road in front of the site
  • B-1, Neighborhood Business
  • NOI: $121,252
  • Cap Rate: 8.22%
  • Sale Price: $1,475,000
  • Agent’s Financial Interest Disclosure: Listing agent has a financial interest in the subject property
  • Owner’s License Disclosure: Owner is a licensed real estate broker in the Commonwealth of Kentucky

Frequently Asked Questions

What is the total square footage of Single Tenant Office Building?

Single Tenant Office Building totals 10,761 square feet.

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Attachments

Contact Listing Broker

Al Isaac

NAI Isaac Commercial Properties

(859) 422-4400

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