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Office Building with Finished Basement
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2312 Alexandria Dr, Lexington, KY 40504

Flexible office layout includes private offices, meeting rooms, and open workspace.

Property Size15,560 SF
Days on Market143

Property Features for 2312 Alexandria Dr

General Information

Standard status Active
Size 15,560 SF
Class Class A
Elevators Yes
Property subtype Office

Additional Details

Highway Access Yes
Sprinkler System Yes

Amenities

access badge control system
monument signage

Building Details

Year Built 1976
Buildings 1
Building Size 15,560 SF
Listing Agency: Block + Lot
Listed By: Adam Boardman · License #KY 72655
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:42PM

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 Block + Lot

Investment Insights

Based on property information with market context.

Located at 2312 Alexandria Drive in Lexington, this office property contains 15,560 square feet across 1.5 stories and includes a 3,000-square-foot finished basement. The building was constructed in 1976 and offers a mix of private offices, conference and meeting areas, and open high-density workspace. Existing improvements include elevator service, full sprinkler coverage, access badge controls, and monument signage.

The property is positioned just inside New Circle Road near Harrodsburg Road, with access to the University of Kentucky, Lexington health care systems, Bluegrass International Airport, and nearby dining, shopping, and banking amenities. The office configuration supports both individual work areas and collaborative functions within the same building.

Key Highlights

  • 15,560 SF office building at 2312 Alexandria Drive
  • 3,000 SF finished basement
  • Built in 1976 with a 1.5‑story configuration

Property Analytics

Current Use

Terri Lynn Walling, ... Nursing Home Nickels Katrina S ... Physician Pendleton Phillip E Medical Clinic Frankenfield Rebecca L Medical Clinic

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store 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

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,020
Businesses Nearby

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout includes private offices, meeting rooms, and open workspace.
Where is this office building located?
The property is located at 2312 Alexandria Dr Lexington, KY.
What are key features of this property?
This property features: 15,560 SF office building at 2312 Alexandria Drive; 3,000 SF finished basement; Built in 1976 with a 1.5‑story configuration
(859) 351-7924 Call to check price and availability
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