240 Blossom Park Dr - Medical FOR SALE


Georgetown, KY 40324
$2,041,000 USD
980-498-3293
240 Blossom Park Dr, Georgetown, KY for Sale
$2,041,000 USD
Medical - FOR SALE
1/3
null | 7.75% Cap Rate

240 Blossom Park Dr
Georgetown, KY 40324


HIGHLIGHTS

  • DIVERSIFIED MULTI-TENANT INVESTMENT
  • PURPOSE-BUILT MEDICAL OFFICE ASSET
  • HIGH-GROWTH LEXINGTON SUBMARKET
  • TOYOTA-ANCHORED EMPLOYMENT BASE
  • PREMIER RETAIL CORRIDOR
  • EXCELLENT VISIBILITY & ACCESSIBILITY

OVERVIEW

Atlantic Capital Partners has been exclusively retained to offer for sale Blossom Park Medical Center, a 100% leased multi-tenant outpatient medical and professional office asset located in Georgetown, Kentucky. The property is occupied by a complementary mix of healthcare and professional office tenants, including two Heartland Dental-supported practices, providing investors with diversified cash flow and exposure to the resilient outpatient medical sector. Originally developed as a purpose-built medical office building, the property occupies a highly visible location immediately off Interstate 75 within one of Georgetown’s primary commercial corridors. Surrounded by Walmart Supercenter, Kroger, Lowe’s, ALDI, Chick-fil-A, Starbucks, and numerous additional national retailers, the asset benefits from exceptional accessibility, strong consumer traffic, and excellent regional connectivity throughout the Lexington metropolitan area. Georgetown has emerged as one of Central Kentucky’s fastest-growing communities, supported by continued residential growth and the presence of Toyota Motor Manufacturing Kentucky, the company’s largest vehicle production facility globally. Combined with diversified tenancy, a strategic location, and strong long-term healthcare fundamentals, Blossom Park Medical Center offers investors the opportunity to acquire a stabilized medical office asset in one of the Lexington MSA’s strongest suburban growth markets.

FOR SALE DETAILS

PRICE

$2,041,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Georgetown, KY

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

189-10-040.000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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