881 Corporate Dr - Office FOR SALE


Lexington, KY 40503- South Lexington
$2,400,000 USD
859-224-2000
881 Corporate Dr, Lexington, KY for Sale
$2,400,000 USD
Office - FOR SALE
1/14
null | 7.75% Cap Rate

881 Corporate Dr
Lexington, KY 40503
South Lexington


HIGHLIGHTS

  • 100% occupied office investment opportunity
  • NOI - $186,000; CAP Rate – 7.75%
  • 6 year Weighted Average Lease Term (WALT)

OVERVIEW

NAI Isaac is pleased to present a +/-19,642 SF office building for sale located in Corporate Center in Lexington, Kentucky. Corporate Center has convenient access to the Blue Grass Airport, downtown Lexington, upscale residential communities, retail, hotel accommodations, financial institutions and Keeneland Race Course.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

P-1

APN/PARCEL ID

16863513

ASK ABOUT THIS PROPERTY

Jamie AdamsNAI IsaacMore Info
859-224-2000

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Jamie AdamsNAI IsaacMore Info
859-224-2000

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