Lexington Professional Center

Highlights

Description

​​​​​​​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.
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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.

​​​​​​​NAI Isaac, in conjunction with NAI KLNB, is pleased to present the opportunity to lease Lexington Professional Center, a four-story, 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.
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Located in Southeast Lexington just off Richmond Road near Saint Joseph East Hospital. This location offers quick and convenient access to the major arteries and interstates serving the Lexington region. Also convenient to this site are retail shops, hotel accommodations, financial institutions and other amenities located in the Richmond Road and Hamburg areas.

The Property is well-located in a very healthy suburban office market. The East Lexington/Fayette office submarket has an inventory of about 7.4 million square feet, of which 11.4 percent is vacant. Moreover, the submarket’s vacancy has not exceeded 13.6 percent level over the past decade.

Documents

Units for Lease