Partially Leased Professional Office Building

Office for Lease
Catylist Listing ID: 30839468
Property Subtypes: Executive Suites, Medical, Office Building
Contiguous Space: 7,059 SF
Building Size (RSF): 7,059 SF
Gross Building Area: 11,904 SF
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $8,823
Lease Types: NNN
Class of Space: Class B
Last Updated: 5/23/2023

Overview / Comments

We are pleased to bring to market this +/- 11,904 sf one-story professional office building located just off Nicholasville Road. This property caters well to a office user with a plethora of space and accessibility, being located on one floor. Features of this property are ample on-site parking, excellent ingress and egress from both Pasadena Drive and Dennis Drive, and excellent in-place fit-up for a medical office user. This property is set up currently for two different occupants but could be configured a variety of different ways. Basic building layout of each suite includes a front reception area, waiting room, break room, multiple restrooms, physical therapy area, records storage, open work spaces and labs, multiple offices, administration area, and multiple exam rooms.

Single story office on the south side of Lexington
Ideal scenario for an owner-occupant
Quick access to Nicholasville Road and New Circle Road
Ample parking

Expand All Available Space

Suite: 100 7,059 SF $15 PSF (Annual) NNN
Space Available: 7,059 SF
Lease Rate: $15 PSF (Annual)
$8,823 (Monthly)
Lease Type: NNN
Date Available: 4/10/2023
Space Type: Relet

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 20027220
Zoning: P-1
Property Visibility: Excellent
Area Description: This property at 166 Pasadena Drive is located just off Nicholasville Road between Pasadena and Dennis Drive in Lexington, KY. This medical office space is very accessible to the general public, being only 0.2 miles from Nicholasville Road and 0.5 miles from New Circle Road, two of the busier thoroughfares in Lexington. Lexington’s healthcare supply is consistently ranked among the best in North America and the world, while the industry’s constant expansion is evident in hospital and clinic construction and renovation projects throughout the city. The healthcare sector has been one of the driving forces of growth and stability in the Bluegrass economy, with nearly 18-percent of the area’s workforce employed in healthcare and social assistance fields.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1987

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,450 148,579 242,687
Median Age: 37.5 35.09 35.61
Households: 7,241 64,253 103,269
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