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First-Floor Medical Office Condo
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2301 Lexington Ave, Ashland, KY 41101

Healthcare campus setting with a triple net lease extending through 2034.

Property Size2,953 SF
Price / SF$304.77
Days on Market159

Property Features for 2301 Lexington Ave

General Information

Standard status Active
Size 2,953 SF
Property subtype Office
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Additional Details

Floor First Floor
Office Units 1

Building Details

Units 1
Tenancy Single
Listing Agency: MECA Commercial Real Estate
Listed By: Bryce Estridge · License #NC 323951
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 5:42PM

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 MECA Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,953 SF condominium provides first-floor medical office space within the University of Kentucky Kings Daughters Medical Center campus. The property is occupied by Mt. State Oral & Facial Surgery, a specialty practice operating across West Virginia, Kentucky, and Virginia.

The lease is structured as NNN and extends through 2034. Located at 2301 Lexington Ave in Ashland, the medical office is positioned within a hospital-campus environment and serves as part of a healthcare-focused commercial setting.

Key Highlights

  • 2,953 SF first‑floor medical office condominium
  • NNN lease extending through 2034
  • Occupied by Mt. State Oral & Facial Surgery

Property Analytics

Current Use

Dr. Jonathan Maynard Pediatrician Maji E Hajjar ... Physician Patrick Villafuerte Physician Muhammad Idrees Pediatrician Paula Larsen Medical Clinic

Suggested Use

Top Pick Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Tech Support 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

1
Office units

Location Intelligence

Trade Area within ½ mile

1,410
Businesses Nearby
Under-served
Demand for This Use

Demographics for 41101, KY

18,559
Population
9,269
Households
2
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,802
Density / Sq Mi
$53,491
Median Household Income
$35,713
Median Earnings
$907
Median Rent
$120,100
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

  • Equestrian Group Medical Plaza 933 29th St, Ashland, KY 41101

Frequently Asked Questions

What type of property is this?
Medical Office Space - Healthcare campus setting with a triple net lease extending through 2034.
Where is this medical office space located?
The property is located at 2301 Lexington Ave Ashland, KY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,953 SF first‑floor medical office condominium; NNN lease extending through 2034; Occupied by Mt. State Oral & Facial Surgery
(704) 975-6028 Call to check price and availability
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