1718 Alexandria Dr - Medical FOR SALE


Lexington, KY 40504- West Lexington
$2,500,000 USD
859-306-0617
1718 Alexandria Dr, Lexington, KY for Sale
$2,500,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

NEW


1718 Alexandria Dr
Lexington, KY 40504
West Lexington


HIGHLIGHTS

  • ±36,000 SF professional office building
  • Annual rental income: $314,100 with upside
  • Currently leased to 6 tenants with 4 vacancies remaining
  • Tenants in strong, stable industries
  • Excellent Lexington location with great access

OVERVIEW

SVN Stone is pleased to announce 1718 Alexandria Drive for sale/lease in in Lexington, KY. This ±36,000 square foot office building features a strong tenant base made up of established businesses in the healthcare and pharmaceutical industries, providing a gross rental income of $314,100. With six tenants currently in place and four additional suites available for lease, the building offers meaningful upside potential through lease-up and market rent growth. Strategically located in the Alexandria corridor, the property provides excellent accessibility for tenants and their clients. For more information please contact Justin Ryder at justin.ryder@svn.com // (859) 447-3285 or Travis Rose, MBA at travis.rose@svn.com // (859) 264-0888

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B-1

APN/PARCEL ID

14941400

ASK ABOUT THIS PROPERTY

Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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