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Freestanding Medical Office Building
For Lease
$6,000/Mo

150 Raleigh Dr, Elizabethtown, KY 42701

Standalone space supports medical use under an absolute net lease structure.

Space SizeContact for details
Days on Market345

Property Features for 150 Raleigh Dr

General Information

Standard status Active
Listing Agency: BAUMGARDNER & ASSOCIATES
Listed By: John Pawley · License ##193289
Source: Exprealty
Added: Sep 22, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:54PM

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 BAUMGARDNER & ASSOCIATES

Investment Insights

Based on property information with market context.

This freestanding 3,825-square-foot building is configured for medical office use and has previously housed chiropractic and other medical operations. The property was constructed by H Wayne Smith and is offered under an absolute net lease structure.

Set within a cul-de-sac, the building is next to the Post Office and the new Commonwealth Spine & Pain Center. Its established medical-use history and nearby healthcare presence provide relevant context for continued clinical occupancy.

Key Highlights

  • 3,825 SF freestanding medical office building
  • Absolute net lease structure
  • Previously used for chiropractic and medical operations

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Bakery Building Supply Daycare Center

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

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Balanced
Demand for This Use

Demographics for 42701, KY

52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Standalone space supports medical use under an absolute net lease structure.
Where is this medical office space located?
The property is located at 150 Raleigh Dr Elizabethtown, KY.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 3,825 SF freestanding medical office building; Absolute net lease structure; Previously used for chiropractic and medical operations
More about this property
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