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240 Blossom Park Dr
Georgetown, KY 40324
Heartland Dental - Georgetown, KY · Office Property For Sale


Investment Highlights
- DIVERSIFIED MULTI-TENANT INVESTMENT
- HIGH-GROWTH LEXINGTON SUBMARKET
- PREMIER RETAIL CORRIDOR
- PURPOSE-BUILT MEDICAL OFFICE ASSET
- TOYOTA-ANCHORED EMPLOYMENT BASE
- EXCELLENT VISIBILITY & ACCESSIBILITY
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
6,240 SF
Building Class
B
Year Built
2004
Price
$2,041,000
Price Per SF
$327.08
Cap Rate
7.75%
NOI
$158,186
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,240 SF
Building FAR
0.18
Lot Size
0.78 AC
Property Taxes
| Parcel Number | 189-10-040.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,793,000 |
Property Taxes
Parcel Number
189-10-040.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,793,000
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