Lexington Professional Center | 101 Yorkshire Blvd
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Lexington Professional Center 101 Yorkshire Blvd
180,866 SF Vacant Office Building Lexington, KY 40509 $9,250,000 ($51/SF)
Investment Highlights
- NEW PRICE!
- Ample Parking
- Strategically located to offer single-use headquarter options
- Corporate campus environment close to Saint Joseph East Hospital, New Circle Road, I-75, shopping, restaurants and hotels
- Improvements made in 2014-2016
Executive Summary
NAI Isaac, in conjunction with NAI KLNB, is pleased to present the opportunity to purchase Lexington Professional Center, a four-story, vacant 180,866 SF office building located on 15.27 acres at 101 Yorkshire Boulevard in Lexington, Kentucky. The Property is contiguous to CHI Saint Joseph Health’s Saint Joseph East Hospital campus. The campus includes the full-service, 217-bed Saint Joseph East Hospital and the 60,000 SF Women’s Hospital Saint Joseph East. Lexington Professional Center represents an opportunity to acquire an attractive office building at a significant discount to replacement cost in a market with strong leasing fundamentals. By acquiring the building at an attractive basis, the new owner can lease the building at a below-market rate and still generate out-sized returns. The Property’s adjacency to the hospital campus makes it an attractive leasing opportunity for medical users as well.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
180,866 SF
Building Class
B
Year Built
1978
Price
$9,250,000
Price Per SF
$51
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
45,217 SF
Building FAR
0.27
Lot Size
15.27 AC
Zoning
P-1 - Professional Offices
Parking
528 Spaces (2.92 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Kitchen
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PROPERTY TAXES
| Parcel Number | 19346470 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,250,000 |
PROPERTY TAXES
Parcel Number
19346470
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,250,000
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Lexington Professional Center | 101 Yorkshire Blvd
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