Highlights
•100% leased Class “A” office asset •WALT: 3.00 years •8 tenants across 16 suites •Built in 2009 •Average rent: $20.71 per square foot •Redundant power from two separate substations •Two dedicated backup generators •80-year land lease •Professional engineering and management team in place
Description
This offering presents the opportunity to acquire a 100% occupied Class “A” office building in Lexington, Kentucky. The impressive five-story, ±172,215-square-foot property was built in 2007 and is anchored by long-term tenants including the University of Kentucky and the American Board of Family Medicine. The tenant roster also features nationally recognized organizations such as A&W, the FBI, the Secret Service, Lockheed Martin, and KOMATSU, providing strong credit tenancy and diversified income. Located within the University of Kentucky’s Coldstream Research Campus, the property benefits from exceptional accessibility—just two blocks from the Newton Pike exit off Highway 64, five miles north of downtown Lexington, and approximately 8.6 miles from Blue Grass Airport. Offered at $145 per square foot, the asset is priced well below replacement cost, presenting investors with a rare opportunity to secure stable in-place income and long-term upside in a premier research and business environment.
Listing Details
- Cap Rate
8%
- Tenancy
Multi
- Space Type
office
- Sub Category
traditional
- Date Listed
2/13/2026
- Net Operating Income
$980,459
- Parking Info
822 spaces
Property Specifics
- Property Name
Class "A" Office | ±172,215 SF | 100% Occupied
- Property Class
A
- No of Buildings
1
- No of Stories
5
- Year Built
2007
- Building Size
172,215 SF
- Lot Size
9.6 Ac
- APN
38107630
- Zoning
P-2
- Occupancy
100%