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2387 Professional Heights Dr
Lexington, KY 40503
Price Reduced · Office Property For Sale
Investment Highlights
- 2387 Professional Heights Drive is a two-story, 28,352-square-foot office building on Lexington’s most prominent retail and healthcare corridor.
- Building is almost fully leased to a broad range of professional tenants, providing an immediate cash flow of around $20,000 per month.
- Only 10 minutes from the CBD, with direct access to Baptist Health and Veterans Medical Center, two of the market’s largest employers.
- Situated on approximately 3 acres with ample parking, a rarity in this area, and unlimited redevelopment potential in a desirable node.
- Situated 1.8 miles from the University of Kentucky, the largest school in the state, with 25,000 employees and over 30,000 enrolled students.
- Walkable to dozens of amenities and within 2 miles of Lexington Green, Fayette Mall, and The Summit at Fritz Farm.
Property Facts
Property Type
Building Size
28,352 SF
Building Class
C
Year Built/Renovated
1970/2006
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,176 SF
Slab To Slab
11’
Building FAR
0.22
Lot Size
2.93 AC
Zoning
P-1 - Professional Office
Parking
52 Spaces (1.83 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 38254440 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,305,000 |
Property Taxes
Parcel Number
38254440
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,305,000
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