101 Yorkshire Blvd - Medical FOR SALE


Lexington, KY 40509
$9,400,000 USD
513-300-0763
101 Yorkshire Blvd, Lexington, KY for Sale
$9,400,000 USD
Medical - FOR SALE
1/65
null | 8.88% Cap Rate

101 Yorkshire Blvd
Lexington, KY 40509


HIGHLIGHTS

  • Campus Like Location near I-75, University of Kentucky and Downtown Lexington
  • Lots of Natural Light - 4 story atrium with Domed Skylight
  • Expansive parking and Access land for future development
  • Move-in condition property, existing income stream, now downpayment, low interest assumable financing - Perfect site for User / Investor / Developer

OVERVIEW

LOW DOWN PAYMENT, 4% ASSUMABLE FINANCING BASED ON CURRENT RATE, OFFERED WITH A CO-WORKING OPERATION WHICH SERVES AS AN AMENITY AND IN-PLACE INCOME and 50% OCCUPANCY - VALUE ADD CAMPUS OPPORTUNITY FOR EITHER A REUSE AND BLANK CANVAS REDEVELOPMENT 180,866 square foot, four story, headquarter campus property close to University of Kentucky, area medical campus, central business district and Interstate 75. Strategically located to offer headquarter options as a single use, a medical office campus, a multi-tenant redevelopment. The property offers a co-working center with multiple amenitiesincluding corporate kitchen, health club facilities, raised flooring and cabling for call center operations, a dock and generators. Property once occupied by Yum! Brands, and Xerox - Ideal for a user, investor or developer as the property is being offered with favorable long-term assumable financing at a below market interest rate and 50% occupied building. Current tenant is a co-working concern offering a complementary amenity and incubator for future occupants. This is key asset location and a leading engine for economic development in the region.

FOR SALE DETAILS

PRICE

$9,400,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

8.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101 Yorkshire Blvd

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, undefined, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

528

LAND DETAILS

LAND ACRES

15.27 AC

LAND SF

665,161 SF

ZONING

P-1

APN/PARCEL ID

19346470

ASK ABOUT THIS PROPERTY

Brian BrockmanThe Sohi GroupMore Info
513-300-0763

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Brian BrockmanThe Sohi GroupMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.