Free - Standing Office Building For Lease in Versailles KY

Office for Lease
Lease Pending
Catylist Listing ID: 30811270
Property Subtypes: Office Building
Status: Pending
Contiguous Space: 3,700 - 17,880 SF
Building Size (RSF): 30,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.50 Acres
Lease Rate: $9 - 11 PSF (Annual)
Base Monthly Rent: $2,775 - 12,998
Lease Types: Modified Gross
Class of Space: Class B
Last Updated: 9/26/2023

Overview / Comments

109 Fieldview Drive has two buildings on appx 2.5 Acres, zoned I-1 (Light Industrial), totaling 39,000 SF available for Sale or Lease. Building 1 is a two-story 30,000 SF office building, 10,000 SF of which is below grade in a partially finished lower level.

This building presents a great opportunity for an owner/occupant or an investor, as its priced well below replacement cost.

The building was built in 2002 with steel frame and steel bar joist. All utilities are available to the building with 24/7 gas/electric HVAC. Building 2 is a 9,000 SF metal warehouse that features 14’7” clear height, 4 (14’ tall) overhead drive-in doors, 2 open storage bays, a restroom, and office. Building 2 has yard storage that is paved concrete. Currently there is a Tenant in a portion of the property, they can stay and lease back from the new owner (terms to be negotiated) or vacate the property entirely. The Tenant currently occupies 6,676 SF on the second level, and 3,000 SF of storage in the lower level of Building 1, and the entirety of Building 2 and the yard storage.

There is a vacant 14,180 SF available on the first floor and lower level (divisible) and there is a 3,700 SF suite available on the second floor of Building 1. First Floor/Lower Level (4,735-14,180 SF at $11.00/SF): The first floor is appx. 9,470 SF and features two open areas surrounded by private offices. There is a total of 17 private offices, reception area/lobby, a kitchenette, conference room, work room, and men’s and women’s restrooms. The first floor can be divided into two units appx. 4,735 SF units. The basement features an open area surrounded by 5 private offices, a conference room, men’s and women’s restrooms, large breakroom/kitchenette, and fenced in storage in a separate storage area (appx. 2,500 SF).

Second Floor (3,700 SF at $9.00/SF): Open space with one private office/conference room, men’s and women’s restrooms, storage room, and a kitchenette.

Property Highlights:
• Freestanding Office & Industrial Space
• Available For Sale or Lease
• Investment / Owner Occupant Opportunity
• 4 Drive-In Doors
• Outside Storage/Ample Parking
• Located Near Many Amenities for Employees
• Steel Construction

Attachments & Media

Expand All 2 Spaces Available

Suite: 100 14,180 SF $11 PSF (Annual) Modified Gross
Suite: 200 3,700 SF $9 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Lexington-Fayette
County: Woodford
Tax ID/APN: 30-0000-032-11
Area Description: 109 Fieldview Drive is located on Fieldview Drive, off of the Versailles Bypass/US-60 in Versailles, KY. The site can be accessed via Big Sink Road and Industry Road. The property is located in a large industrial sector of Versailles, and near an abundance of professional/medical office and retail. This location offers great amenities for employees and customers with retail, restaurants, and banks nearby. Versailles is strategically located in Central Kentucky being only 13 miles west of Lexington, 8 miles from the Bluegrass International Airport, and 14 miles southeast of Frankfort.
Total Number of Buildings: 2
Total Parking Spaces: 71
Zoning Description: Light Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,018 16,290 17,914
Median Age: 41.9 40.12 39.56
Households: 1,242 6,397 7,029
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