1575 Winchester Road, Lexington, KY 40505
Office
for Sale
Catylist Listing ID: |
30841142 |
Property Subtypes: |
Office Building
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Building Size (RSF): |
47,228 SF
|
Gross Building Area: |
See Agent |
Sale Price: |
$7,750,000 |
Unit Price: |
$164.10 PSF |
Property Use Type: |
Investment |
Class of Space: |
Class A |
Usable Size (USF): |
45,909 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/24/2024 |
Overview / Comments
We are pleased to present this rare investment opportunity to purchase a fully occupied & renovated Class A office building in Lexington,
Kentucky. Totaling 45,909 SF, the 7.028 acre parcel is located at the highly visible intersection of E New Circle Road and Winchester Road. The building is currently leased to three creditworthy tenants with triple net leases, making this a strategic investment opportunity.
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Additional Details
Nearest MSA: |
Lexington-Fayette |
County: |
Fayette |
Tax ID/APN: |
14777901 |
Zoning: |
B-3 |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Parking Type: |
Surface |
Total Parking Spaces: |
364 |
Zoning Description: |
Highway Service Building |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
11,973 |
99,910 |
204,169 |
Median Age: |
38.24 |
35.44 |
34.4 |
Households: |
5,388 |
42,377 |
88,150 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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