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Class "A" Office | ±172,215 SF | 100% Occupied

$25,000,000

1648 McGrathiana Pkwy, Lexington, KY 40511

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Last Updated: 08/01/2025

172,215 sqft

Building Size

9.6 acres

Lot Area

Details:
Building Size:    172,215 sqft
Lot Area:    9.6 acres
Class:    A
Units:    16
Year Built:    2009
Floors:    5
Parking Spots:    822
Highlights:
  • WALT 3.00
  • 8 Tenants in 16 suites
  • Year built: 2009
  • Average rent PSF $20.71
  • Redundant power from two different substations
  • Two separate generators
  • 80-Year land lease
  • Excellent engineer/management in place
  • Kentucky Broker of Record: Bang Realty, Brian Brockman, Bang Realty KY License #204982
Description:

Opportunity to acquire a 100% occupied class “A” office building in Lexington, KY. The gorgeous 5-story ±172,215 SF building built in 2007 is anchored by long term tenants; University of Kentucky & the American Board of Family Medicine. The impressive tenant roster includes other household names such as A&W, FBI, Secret Service, Lockheed Martin, and KOMATSU.

Acquiring the property at just $145 per square foot offers investors a rare opportunity to purchase well below replacement cost, creating long-term value with both income stability and significant upside potential.

The property is well-located in The University of Kentucky Coldstream Research Campus. The campus is conveniently located 2-blocks from the Newton Pike exit off Hwy 64, 5 miles north of downtown Lexington and only 8.6 miles from the Blue Grass airport.

This property is located in Lexington, KY.

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