185 Pasadena Drive Suite 240, Lexington, KY 40503

Building Details

Tenancy Multi More

Listing Agency: Haymaker Commercial Real Estate

Listed By: Zach Miller · License KY #266663 Show Phone

Source: Crexi

Added: Oct 26 Changed: Nov 8 Last Checked: Nov 12 at 4:07AM

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Investment Insights

Based on property information with market context.

The office property at 185 Pasadena Drive, Suite 240, is fully leased to three tenants. Existing leases are in place, and the property is located in Lexington, Kentucky.

Key Highlights

• Fully leased to three existing tenants
• Located at 185 Pasadena Drive, Suite 240, in Lexington, KY
• Existing lease structure

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dr. Lindsey Riley, ... Dental Office Arnold Family Dentistry Dental Office Community Trust Bank Bank The Health And Education Federal ... Credit Union Sterling Hot Yoga ... Gym & Fitness Center

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Auto Parts Store Electrical Service Storage Facility

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,936

Businesses Nearby

Explore this area Business Placement

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

Average Price Trend$/SF for Office Units in Lexington, KY

$184 Jul

$189 Aug

$199 Sep

$204 Oct

Properties on Market for Office Units in Lexington

Jul

Aug

Sep

Oct

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 unit - Three tenants occupy the office property under existing leases.

Where is this office unit located?

The property is located at 185 Pasadena Drive Suite 240 Lexington, KY.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Fully leased to three existing tenants; Located at 185 Pasadena Drive, Suite 240, in Lexington, KY; Existing lease structure