1056 Welllington Way - For Sale
Office
for Sale
| Catylist Listing ID: |
30706171 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
21,723 SF
|
| Gross Building Area: |
23,014 SF |
| Gross Land Area: |
1.69 Acres
|
| Sale Price: |
$3,100,000 |
| Unit Price: |
$142.71 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
1056 Wellington Way |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/25/2021 |
Overview / Comments
|
23,041 square foot two story office building on 1.69 acres of land for sale. Located close to the intersection of Harrodsburg Road and Man O' War next to Palomar Center, LA Fitness and Panera Bread with many restaurants and retail options within walking distance. The second floor and half of the first floor are leased through the end of 2024 with half of the first floor available to lease or use as an owner occupant.
|
Current Tenants
| Tenant Business Name |
Sleep Outfitters USA, LLC |
| Is Renting? |
Yes |
| Suite Number |
200 |
| SF of Space Occupied |
11,507 SF |
| Current Rent |
$195,619 PSF (Annual) |
| Lease Expiration |
12/2024 |
| Tenant Business Name |
Commonwealth Home Health |
| Is Renting? |
Yes |
| Suite Number |
130 |
| SF of Space Occupied |
5,108 SF |
| Current Rent |
$97,052 PSF (Annual) |
| Lease Expiration |
12/2024 |
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
38140350 |
| Zoning: |
P-1 PROFESSIONAL OFFICE |
| Property Located Between: |
Harrodsburg and Lyon Drive |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
11,000 SF |
| Year Built: |
2005 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete - Tilt up |
| Parking Type: |
Structure |
| Sprinklers: |
Wet |
| Zoning Description: |
P-1 Professional Office |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,741 |
75,761 |
175,742 |
| Median Age: |
46.16 |
37.66 |
35.69 |
| Households: |
3,911 |
31,338 |
73,120 |
|
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