Medical Office Building

Highlights:

• ±36,000 SF professional office building
• Annual rental income: $314,100 with upside
• Currently leased to 6 tenants with 4 vacancies remaining
• Tenants in strong, stable industries
• Excellent Lexington location with great access

Description:

SVN Stone is pleased to announce 1718 Alexandria Drive for sale/lease in in Lexington, KY. This ±36,000 square foot office building features a strong tenant base made up of established businesses in the healthcare and pharmaceutical industries, providing a gross rental income of $314,100.

With six tenants currently in place and four additional suites available for lease, the building offers meaningful upside potential through lease-up and market rent growth. Strategically located in the Alexandria corridor, the property provides excellent accessibility for tenants and their clients.

For more information please contact Justin Ryder at justin.ryder@svn.com // (859) 447-3285 or Travis Rose, MBA at travis.rose@svn.com // (859) 264-0888

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.

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