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Medical Office Space with Exam Rooms
For Lease
$18 SF/Yr

241 Pasadena Dr, Lexington, KY 40503

Former urgent care layout includes reception, support areas, and available pylon and building signage.

Space SizeContact for details
Days on Market64

Property Features for 241 Pasadena Dr

General Information

Standard status Active
Property subtype Office
Zoning P-1
Lease Type NNN

Additional Details

Space Use Medical Office

Amenities

pylon signage
building signage
roll-up door
Vacant

Spaces For Lease

at 241 Pasadena Dr Contact us

Available Space $18/Mo

Contact us
Listing Agency: The Gibson Company
Listed By: Stuart Stebleton · License #244600
Source: Kcrea.resimplifi
Added: Jul 25 Changed: Sep 21 Last Checked: Sep 24 at 6:42AM

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 The Gibson Company

Investment Insights

Based on property information with market context.

This medical office space retains a former urgent care configuration with multiple exam rooms, reception and waiting areas, a lab area, storage, break room, and private offices. The interior features high ceilings and a newer buildout with modern design elements. The layout can be adapted for other purposes or modified to suit a different operational plan.

Pylon and building signage are available at the property. On-site parking supports visitors and staff, while the site offers straightforward ingress and egress. A rear roll-up door provides access for loading and unloading products, furniture, or materials.

Key Highlights

  • Multiple exam rooms with reception and waiting areas
  • Former urgent care layout with lab, storage, break room, and offices
  • High ceilings and newer buildout with modern design elements

Property Analytics

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Current Use

Lex Properties Property Management Company CJ Esthetics Medical Clinic (Now Open) Doctors ... Medical Clinic J Perry Homes ... Construction Company CJ Esthetics Henry ... Spa & Massage 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,932
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Lexington, KY

$16.59 /SF/Yr
Avg Asking Price
$1.29–$30.04 /SF/Yr
Price Range
6,943 SF
Avg Space Size

This space is priced 9% above the average of $16.59 /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?
Medical Office Space - Former urgent care layout includes reception, support areas, and available pylon and building signage.
Where is this medical office space located?
The property is located at 241 Pasadena Dr Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Multiple exam rooms with reception and waiting areas; Former urgent care layout with lab, storage, break room, and offices; High ceilings and newer buildout with modern design elements
More about this property
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