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1950 Nicholasville Rd

2,551 - 4,126 SF of Office/Medical Space Available in Lexington, KY 40503

Highlights

  • Nicholasville Road sits on the busiest thoroughfare in Lexington.
  • Also offering ground lease.
  • Located between the 5 major hospitals, the University of Kentucky, and the major Nicholasville Road retail corridor.

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,551-4,126 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $103,150 /YR $8,596 /MO
  • Office/Medical
  • Full Build-Out
  • Now

Being offered for lease for the first time, this former bank branch is a prime class A location on Lexington's busiest raod. Close proximity to all major hospitals as well as the Nicholasville Road retail corridor provides for a tenant a tremendous opportunity to enter the market. The property is being offered for ground lease. Above grade square footage is 2,551 sf. The basement is 1,575 sf. Ownership is willing to tear down the building and do a build to suit for a strong tenant. Rent would be adjusted based on final plans. Ownership has provided a concept plan showing up to 9,400 sf being build with two stories. Inquire with agent for more details

  • Lease rate does not include utilities, property expenses or building services
  • Central Air and Heating
  • Office intensive layout
  • Nicholasvillle Road - 44,000 cars ADT!
Space Size Term Rental Rate Space Use Condition Available
1st Floor 2,551-4,126 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $103,150 /YR $8,596 /MO Office/Medical Full Build-Out Now

1st Floor

Size
2,551-4,126 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $103,150 /YR $8,596 /MO
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Floor

Size 2,551-4,126 SF
Term Negotiable
Rental Rate $25.00 /SF/YR
Space Use Office/Medical
Condition Full Build-Out
Available Now

Being offered for lease for the first time, this former bank branch is a prime class A location on Lexington's busiest raod. Close proximity to all major hospitals as well as the Nicholasville Road retail corridor provides for a tenant a tremendous opportunity to enter the market. The property is being offered for ground lease. Above grade square footage is 2,551 sf. The basement is 1,575 sf. Ownership is willing to tear down the building and do a build to suit for a strong tenant. Rent would be adjusted based on final plans. Ownership has provided a concept plan showing up to 9,400 sf being build with two stories. Inquire with agent for more details

  • Lease rate does not include utilities, property expenses or building services
  • Office intensive layout
  • Central Air and Heating
  • Nicholasvillle Road - 44,000 cars ADT!

Property Overview

Offered for ground lease for the first time since being built, 1950 Nicholasville Road sits on the busiest thoroughfare in Lexington. Zoned P-1, professional uses, this property is located between the 5 major hospitals, the University of Kentucky, and the major Nicholasville Road retail corridor. The above grade square footage is 2,551 sf. The basement is 1,575 sf. Ownership would entertain tearing down the building and doing a build to suit for a national tenant (s). A concept plan can be found in the marketing for a new building, constructing up to 9,400 sf on 4,700 sf floor plates. Rent to be determined based on plans. The property is restricted from being a bank or financial institution.

PROPERTY FACTS

Building Type
Office
Year Built
1947
Building Height
1 Story
Building Size
4,126 SF
Building Class
C
Typical Floor Size
4,126 SF
Parking
30 Surface Parking Spaces
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27169433

  • Date on Market: 11/22/2022

  • Last Updated:

  • Address: 1950 Nicholasville Rd, Lexington, KY 40503

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