1409 N FORBES RD – LEXINGTON

Office for Sale
Catylist Listing ID: 30298592
Property Subtypes: Office Building, Research & Development
Building Size (RSF): 33,754 SF
Gross Building Area: See Agent
Gross Land Area: 3.94 Acres
Sale Price: $2,350,000
Unit Price: $69.62 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

For Sale or Lease
Asking Price: $2,350,000
Lease Rate: $12.00 /SF/Yr

Don't overlook this prime opportunity! The first floor was recently fully leased to a well-known regional engineering firm.

Highlights:
- Building naming rights available for full floor user
- Large floorplate of 16,800 SF per floor
- Easy access to downtown, New Circle Road, University of Kentucky, Frankfort and Interstates
- Ample on-site parking – 194 parking spaces, 5.8 spaces per 1,000 SF
- Super competitive lease rates
- Refurbishment available for credit tenants
- Available immediately
- Zoning is B-1, a portion of the parking is overlapped with R-4
- Lab space currently exists in the building
- Building has a freight elevator and a brand new passenger elevator is being installed
- Modified Gross Lease, Tenant responsible for utilities & interior janitorial

Located just off Leestown Road/West Main Street. Near Central Business District and New Circle Road.

Attachments & Media

Contact Listing Agent

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10028210
Zoning: B-1 - NEIGHBORHOOD BUSINESS
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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,351 108,865 188,230
Median Age: 37.61 33.27 35.82
Households: 5,152 43,950 78,560
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