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Single-Story Class A Office Building
For Lease
$17 SF/Yr

1745 Alysheba Way, Lexington, KY 40509

Professional, medical, and lab-oriented suites occupy a P-1-zoned office property with substantial specialized infrastructure.

Space SizeContact for details
Days on Market470

Property Features for 1745 Alysheba Way

General Information

Standard status Active
Total Parking Spaces 117
Property subtype Office
Zoning P-1
Lease Type NNN

Amenities

117 Parking Spaces

Building Details

Year Built 2007

Spaces For Lease

at 1745 Alysheba Way Contact us

Available Space $17/Mo

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Listing Agency: Block & Lot Real Estate
Listed By: Peter Barr · License #65116
Source: Kcrea.resimplifi
Added: May 20, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:02PM

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 Block & Lot Real Estate

Investment Insights

Based on property information with market context.

This single-story Class A office building offers direct-entry suites ranging from 2,796 to 16,495 square feet. The property includes tilt-up construction, a wet sprinkler system, badge-controlled security, and suite configurations suited to professional, medical, and lab/R&D operations. Existing laboratory improvements include a UPS system, five hoods, two walk-in units, lab benches, supplemental HVAC, a backup generator, and a liquid nitrogen tank. Electrical service includes 480V/227V 3 Phase power.

The 2.049-acre property is zoned P-1 and provides 117 parking spaces at a ratio of 5.23/1,000 SF. Parking was re-sealed and re-striped in 2025. The building is positioned within Hamburg Place, a mixed-use community with over 2,000,000 SF of retail space, 160 acres of professional offices, 1,000 acres of residential development, hotel and hospitality offerings, and health care expansion from Baptist Health and UK Healthcare.

Key Highlights

  • Suites range from 2,796 to 16,495 SF
  • 2.049‑acre site with P‑1 zoning
  • 117 parking spaces at a 5.23/1,000 SF ratio

Property Analytics

Current Use

LGC Science, Inc. Laboratory Amr Mohamed Physician DaVita Hamburg Dialysis Medical Clinic Amy Claunch Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hair Salon HVAC Service

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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$18.42 /SF/Yr
Avg Asking Price
$11.5–$26 /SF/Yr
Price Range
67,563 SF
Avg Space Size

This space is priced 8% below the average of $18.42 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Professional, medical, and lab-oriented suites occupy a P-1-zoned office property with substantial specialized infrastructure.
Where is this office building located?
The property is located at 1745 Alysheba Way Lexington, KY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Suites range from 2,796 to 16,495 SF; 2.049‑acre site with P‑1 zoning; 117 parking spaces at a 5.23/1,000 SF ratio
More about this property
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