151 Eagle Creek DrLexington, KY 40509

Property Details for 151 Eagle Creek Dr

Year built

2000

Lot size

1.48 AC

Property size (Sq ft)

29,108 SF

Zone code

P-1

Property type

Office properties

Property subtype

Office buildings

APN

20098570

APU

20098570

Description

This exceptional Class A medical office property, located at 151 & 161 North Eagle Creek Drive in Lexington, KY 40509, offers 71,000 square feet of prime office space. The property features multiple tenancies, with available spaces ranging from 1,190 to 6,953 contiguous square feet, and a total of 30,753 square feet currently vacant. Situated in a desirable suburban campus setting, the buildings boast a modern glass design and immaculate landscaping. Their convenient location directly across from the St. Joseph Hospital complex provides unparalleled access to a large patient base. The property is zoned P1 - Professional Office and benefits from easy access to major roadways including New Circle Road, Richmond Road, and Interstates I-64/75. Move-in ready spaces are available, along with shell space ideal for build-outs to suit specific medical professional needs. This is a rare opportunity to secure high-quality office space in a thriving medical corridor. The property's professional management ensures a seamless and efficient experience for tenants. Consider this prime location for your practice's growth and success. The property is in Fayette County and offers excellent visibility and accessibility. Some suites are move-in ready, while others offer the flexibility of shell space for customized build-outs.

• CAP approach

  CAP return

  Valuation

  6%

  $4,994,092

  6.5%

  $4,609,932

  7%

  $4,280,651

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,474,266

  Geo Method

  $2,505,617

• Alternative Use

  Use

  Valuation

  Residential

  $5,716,316

  Hospitality

  $5,236,114

  Educational

  $4,356,386

  Medical

  $4,506,208

  Retail

  $6,776,600

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0012

Longitude

-84.4405

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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