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100% Occupied Medical Office 3288 Eagle View Ln 21,271 SF 100% Leased Office Building Lexington, KY 40509 $4,492,888 ($211.22/SF) 6.25% Cap Rate
Investment Highlights
- +/-21,271 SF three-story medical/office building
- Roof replaced in August 2023 (20-year warranty)
- 100% occupied with long-term tenants
Executive Summary
NAI Isaac is pleased to present the opportunity to acquire a ±21,271 SF, three-story medical/office building ideally positioned in one of Lexington’s most established healthcare and commercial corridors. This premier medical location provides exceptional visibility from Richmond Road and immediate proximity to a strong concentration of healthcare providers. This offering presents investors the opportunity to acquire a well-located medical/office asset in a highly desirable and supply-constrained submarket anchored by leading healthcare institutions.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,271 SF
Building Class
A
Year Built
2005
Price
$4,492,888
Price Per SF
$211.22
Cap Rate
6.25%
NOI
$280,805
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,090 SF
Slab To Slab
11’
Building FAR
0.46
Lot Size
1.07 AC
Zoning
P-1 - Professional Office
Parking
100 Spaces (4.7 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 19993780 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,607,500 |
Property Taxes
Parcel Number
19993780
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,607,500
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100% Occupied Medical Office | 3288 Eagle View Ln
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