210 Malabu Drive

Office for Sale
Catylist Listing ID: 30870042
Property Subtypes: Office Building, Research & Development
Building Size (RSF): 21,215 SF
Gross Land Area: 1.63 Acres
Sale Price: $2,050,000
Unit Price: $96.63 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 18,881 SF
Sale Terms: Undisclosed
Last Updated: 4/26/2024

Overview / Comments

On behalf of Creech & Stafford Property Group, Inc., Block+Lot is pleased to take 210 Malabu Drive to market for sale. The building features:
- 21,215 rentable square feet, two-story, free-standing office building
- Built in 1975
- 1.63 Acres (per PVA)
- Fall away lot
- Steel/Masonry construction
- Wet sprinkler system
- P-1 Zoning
- +/- 95 parking spaces
- Monument/Building signage
- Four varying sized office suites, as well as in-place income on a portion lower level ideal for an owner/occupant with value-add potential.

Property Highlights:
- Located off of Nicholasville Rd. inside of New Circle Rd.
- Great parking with multiple points of ingress/egress
- In-place income with value-add potential for Owner/Occupant
- Newly sealed and striped parking lot
- Well-managed for the last 15 years
- Below $100/SF

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 13572201
Zoning: P-1 (PROFESSIONAL OFFICE)
Property Located Between: Malabu Dr. and Nicholasville Rd.
Property Visibility: Good
Area Description: Located off of Nicholasville Rd. inside of New Circle Rd. in Lexington, KY. The property sits behind The Venue Retail Center providing a convenient location between both Tates Creek Rd. and Nicholasville Rd (ADT 45,326).
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,500 SF
Year Built: 1975
Construction/Siding: Brick, Steel Frame
Parking Type: Surface
Parking Description: Newly paved and striped parking lot
Total Parking Spaces: 95
Sprinklers: Wet
Interior Description: Four varying sized office suites
Zoning Description: Professional Office

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,022 136,518 244,559
Median Age: 38.55 35.38 35.59
Households: 7,176 59,691 104,137
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