2405 Harrodsburg Rd - Office FOR SALE


Lexington, KY 40504- Garden Springs
$5,483,523 USD
703-787-4714
2405 Harrodsburg Rd, Lexington, KY for Sale
$5,483,523 USD
Office - FOR SALE
1/4
null | 6.5% Cap Rate

2405 Harrodsburg Rd
Lexington, KY 40504
Garden Springs


OVERVIEW

A newly constructed medical office building located at 2405 Harrodsburg Road in Lexington, KY, is now available for sale. The property is fully leased to Forefront Dermatology, operating in partnership with Dermatology Consultants, under a long-term lease with over 11 years of remaining term. Forefront Dermatology manages a robust network of more than 230 clinics across 26 states, providing stable, investment-grade tenancy. Strategically positioned along Harrodsburg Road (Route 68), the site benefits from visibility to more than 32,000 vehicles per day. The surrounding area includes major Lexington landmarks such as the University of Kentucky, Baptist Health Hospital, Blue Grass Airport, Keeneland Race Course, and Red Mile Gaming and Racing. The property is supported by strong local demographics, with a population of 205,663 residents and an average household income of $82,777 within a five-mile radius, offering a solid consumer and patient base in one of Lexington’s most active corridors.

FOR SALE DETAILS

PRICE

$5,483,523 USD

PRICE/SF

$437 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

P-1

APN/PARCEL ID

10054230

ASK ABOUT THIS PROPERTY

Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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