Office Building For Sale
Office
for Sale
Catylist Listing ID: |
30810198 |
Property Subtypes: |
Business Park, Office Building
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Building Size (RSF): |
10,308 SF
|
Gross Land Area: |
0.59 Acres
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Sale Price: |
$1,699,000 |
Unit Price: |
$164.82 PSF |
Property Use Type: |
Investment, Vacant/Owner-User |
Class of Space: |
Class B |
Usable Size (USF): |
10,308 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/24/2023 |
Overview / Comments
10,308 square foot free standing office building for sale at Summit Square Place. Suite 200 recently leased to Central Kentucky Eye Care & Wellness. Suite 100 is currently vacant and consists of 5,100 square feet of former lab space with reception area, break room, 2 conference rooms, 2 private offices, and large open area for cubicles or a lab. Great opportunity for a owner/occupant to own their own space with rental income in place. The current association fees are $1,250 per month.
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Current Tenants
Tenant Business Name |
Central Kentucky Eyecare & Wellness |
Suite Number |
200 |
SF of Space Occupied |
5,150 SF |
Current Rent |
$6,283 PSF (Annual) |
Lease Expiration |
3/2027 |
Additional Details
Nearest MSA: |
Lexington-Fayette |
County: |
Fayette |
Tax ID/APN: |
38124850 |
Zoning: |
PROFESSIONAL OFFICE P-1 |
Property Visibility: |
Fair |
Highway Access: |
I-75 |
Airports: |
Bluegrass Airport |
Site Description: |
10,308 square foot office building located in the Summit Square Place office park |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Typical SF / Floor: |
5,154 SF |
Year Built: |
2004 |
Roof Type: |
Gable |
Construction/Siding: |
Stucco |
Parking Type: |
Surface |
Parking Description: |
Surface parking - reciprocal |
Zoning Description: |
P-1 Professional office |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
15,169 |
95,968 |
202,485 |
Median Age: |
30.96 |
34.75 |
34.52 |
Households: |
7,359 |
43,501 |
87,571 |
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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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