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Single-Story Medical Office Building
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166 Pasadena Dr, Lexington, KY 40503

Single-story medical office building with reception, exam rooms, nursing stations, restrooms, and x-ray radiation room.

Property Size12,096 SF
Days on Market147

Property Features for 166 Pasadena Dr

General Information

Standard status Active
Size 12,096 SF
Total Parking Spaces 65
Property subtype Office

Building Details

Stories 1
Tenancy Multi
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: John Bunch · License #221859
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:11AM

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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

This single-story medical office building totals approximately 12,096 square feet and is currently fit up for medical or clinical use. The interior includes a reception and waiting area, nursing stations, private exam rooms, admin offices, patient and employee restrooms, an x-ray radiation room, and a kitchenette in each suite.

The property offers ample on-site parking with 65 spaces and car access from both Pasadena Drive and Dennis Drive.

The building has been leased over the past 15 years to two separate medical practices, and the premises are described as becoming available for vacancy in the summer of 2021.

Key Highlights

  • +/- 12,096 SF single‑story medical office building at 166 Pasadena Drive
  • Fit‑up includes reception/waiting area, nursing stations, private exam rooms, and admin offices
  • Patient and employee restrooms plus kitchenette in each suite

Property Analytics

Current Use

Baptist Pulmonary & Critcial Physician Neven Gardner, MD- ... Physician Tracie Overbeck, MD, ... Physician Marion Simpson, FNP Physician John Hill, MD- ... Physician

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Catering Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,885
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
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
Rey
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Similar Off Market Nearby

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  • Lexington Veterinary Rehabilitation 102 Dennis Dr, Lexington, KY 40503
  • Blue Paw Primary Pet Care 185 Pasadena Dr, Lexington, KY 40503

Frequently Asked Questions

What type of property is this?
Medical Office Space - Single-story medical office building with reception, exam rooms, nursing stations, restrooms, and x-ray radiation room.
Where is this medical office space located?
The property is located at 166 Pasadena Dr Lexington, KY.
What are key features of this property?
This property features: +/- 12,096 SF single‑story medical office building at 166 Pasadena Drive; Fit‑up includes reception/waiting area, nursing stations, private exam rooms, and admin offices; Patient and employee restrooms plus kitchenette in each suite
(859) 264-0888 Call to check price and availability
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