Office Campus with Data
For Lease
Contact for pricing
3475 Blazer Pkwy, Lexington, KY 40509
Well-maintained office campus with data center and walking trails.
Space Size120,000 SF - 260,000 SF
Property Size365,000 SF
Lot Size19.70 Acres
Days on Market1633
Property Features for 3475 Blazer Pkwy
General Information
Standard status
Active
Size
120,000 SF - 260,000 SF
Class
A
Total Parking Spaces
230
Lot size
19.70 Acres
Property subtype
Office, Special Purpose
Lease Type
NNN
Building Details
Building Size
365,000 SF
Year Built
1983
Tenancy
Multiple
Spaces For Lease
at 3475 Blazer Pkwy Contact us- Size
- 260,000 SF
- Type
- Office, Special Purpose
- Lease Type
- NNN
- Availability
- Active
3499 - Technology Center
- Size
- 120,000 SF
- Type
- Office, Special Purpose
- Lease Type
- NNN
- Availability
- Active
3499 - Data Center
Listing Agency:
Jacobsma and Associates
(805) 239-3090
Listed By:
Karen Jacobsma · License #CA 02057378
Source:
Crexi
Added: Mar 3, 2022
Changed: Aug 12
Last Checked: Aug 21 at 2:48PM
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 Jacobsma and Associates
Investment Insights
Based on property information with market context.
This property, formerly the world headquarters and data center for Valvoline Oil & Ashland Oil Companies, features two well-maintained office/data center buildings on a landscaped 23-acre campus. The grounds include two large ponds with fountains and over one mile of walking trails. The five-story building, constructed in two phases (1983 and 1991) on approximately 19.7 acres, offers a total of approximately 245,000 square feet. The flexible floor plan can accommodate one or multiple tenants, with a combined total of over 365,000 square feet available in both buildings. A built-in modular wall system facilitates quick and cost-effective floor plan changes, often without requiring permits. The electrical system includes two underground 2,000-volt services from two redundant substations, servicing two site-owned transformers. The main power service is a 480/277 volt 3-Phase 4-wire service with GFI protection. Backup power is provided by three diesel-powered Caterpillar emergency generators. Electrical service and other utilities are distributed to 3475 Blazer Parkway via an underground pedestrian and utility tunnel, which also serves as a storm shelter. The property is located in Lexington, KY 40509.
Key Highlights
- Former world headquarters and data center for Valvoline & Ashland Oil Companies.
- Total of 245,000+\/- square feet in a five‑story building.
- Redundant power systems: two underground 2,000 volt services, two site‑owned transformers, and three diesel powered Caterpillar emergency generators.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,951
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Lexington, KY
$19.04 /SF/Yr
Avg Asking Price
$13.5–$26 /SF/Yr
Price Range
66,084 SF
Avg Space Size
This space is priced 68% below the average of $19.04 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office campus with data center and walking trails.
Where is this office building located?
The property is located at 3475 Blazer Pkwy Lexington, KY.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Former world headquarters and data center for Valvoline & Ashland Oil Companies.; Total of 245,000+\/- square feet in a five‑story building.; Redundant power systems: **two underground 2,000 volt services, two site‑owned transformers, and three diesel powered Caterpillar emergency generators.**
