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Class A Office Building
For Lease
$24 SF/Yr Modified Gross

1792 Alysheba Way, Lexington, KY 40509

Premier Hamburg location with interstate access and ample parking.

Space SizeContact for details
Days on Market1278

Property Features for 1792 Alysheba Way

General Information

Standard status Active
Property subtype Office
Lease Type Modified Gross

Amenities

Water
Sewer

Spaces For Lease

at 1792 Alysheba Way
Available Space $24/Mo
Contact us
Listing Agency: Schrader Commercial Properties, LLC
Listed By: James Schrader · License #41930
Source: Kcrea.resimplifi
Added: Apr 9, 2023 Changed: Sep 24 Last Checked: Oct 7 at 8:45AM

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 Schrader Commercial Properties, LLC

Investment Insights

Based on property information with market context.

This is a well-constructed and attractive 75,000 square foot Class A office building. It features three stories and is situated in a prime location within Hamburg. The property benefits from professional management and offers ample on-site parking. Its corner location at Man of War and Alysheba provides excellent access to Interstates 75 and 64 via a major signalized intersection. The building is located next to Hamburg Place, which offers a variety of dining and shopping options. The property's location, corner positioning, monument signage, and quality construction make it a high-quality address for office space in the rapidly growing Hamburg area.

Key Highlights

  • Premier location at the corner of Man of War and Alysheba in Hamburg.
  • Class A, 75,000 square foot building.
  • Excellent access to Interstates 75 and 64.

Property Analytics

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Current Use

Anna Pitcock - Stockton ... Loan Service Dave Martin - Mutual ... Insurance Agency Stockton Mortgage Loan Service Ryan Montgomery - Mutual ... Insurance Agency Malissa Worrell - Mutual ... Insurance Agency

Suggested Use

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

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,038
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$18.2 /SF/Yr
Avg Asking Price
$11.5–$24 /SF/Yr
Price Range
56,589 SF
Avg Space Size

This space is priced 32% above the average of $18.2 /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
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Frequently Asked Questions

What type of property is this?
Office building - Premier Hamburg location with interstate access and ample parking.
Where is this office building located?
The property is located at 1792 Alysheba Way Lexington, KY.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Premier location at the corner of Man of War and Alysheba in Hamburg.; Class A, **75,000 square foot building.**; Excellent access to Interstates 75 and 64.
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