Opportunity to purchase Lexington Professional Center, a four-story, vacant 180,866 SF office building located on 15.27 acres at 101 Yorkshire Boulevard in Lexington, Kentucky. The Property is contiguous to CHI Saint Joseph Health’s Saint Joseph East Hospital campus. The campus includes the full-service, 217-bed Saint Joseph East Hospital and the 60,000 SF Women’s Hospital Saint Joseph East.
Lexington Professional Center represents an opportunity to acquire an attractive office building at a significant discount to replacement cost in a market with strong leasing fundamentals. By acquiring the building at an attractive basis, the new owner can lease the building at a below-market rate and still generate out-sized returns. The Property’s adjacency to the hospital campus makes it an attractive leasing opportunity for medical users as well.
Located in Southeast Lexington just off Richmond Road near Saint Joseph East Hospital. This location offers quick and convenient access to the major arteries and interstates serving the Lexington region. Also convenient to this site are retail shops, hotel accommodations, financial institutions and other amenities located in the Richmond Road and Hamburg areas.
Total Number of Buildings:
1
Number of Stories:
4
Year Built:
1978
Year Renovated:
2016
Construction/Siding:
Concrete, Steel Frame
Parking Type:
Surface
Parking Description:
inclusive of 20 handicapped spaces, yielding a parking ratio of approximately 3.2 spaces/1,000 SF
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