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Office Building with Medical Tenant
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106 Diagnostic Dr, Frankfort, KY 40601

Partially occupied property offers an existing medical tenancy alongside a separately available office suite.

Property SizeContact for details
Days on Market144

Property Features for 106 Diagnostic Dr

General Information

Standard status Active
Property subtype Office
Listing Agency: The Gibson Company Commercial Real Estate
Listed By: Kevin Verhoven · License #KY 58263
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gibson Company Commercial Real Estate

Investment Insights

Based on property information with market context.

This 5,560-square-foot office building combines an existing medical tenancy with a vacant portion configured for immediate office use. The available area includes a shared vestibule, lobby, seven private offices, a conference room, a large training room, break room, and two restrooms.

Love Joy Medical provides rental income from the occupied portion. The property is located behind Frankfort Memorial Hospital in Frankfort, Kentucky, at 106 Diagnostic Dr.

Key Highlights

  • 5,560‑square‑foot office building
  • Existing rental income from Love Joy Medical
  • Vacant portion includes 7 private offices and a conference room

Property Analytics

Current Use

Rotech of Frankfort - Lovejoy ... Production Facility American Red Cross Social Service Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Partially occupied property offers an existing medical tenancy alongside a separately available office suite.
Where is this office building located?
The property is located at 106 Diagnostic Dr Frankfort, KY.
What are key features of this property?
This property features: 5,560‑square‑foot office building; Existing rental income from Love Joy Medical; Vacant portion includes 7 private offices and a conference room
(859) 224-8833 Call to check price and availability
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