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Medical Office Suite with Exam Rooms
For Lease
$19.75 SF/Yr

4071 Tates Creek Centre Drive #202, Lexington, KY 40517

An established clinical layout includes patient reception areas, exam rooms, conference space and internal restrooms.

Space Size1,608 SF - 12,057 SF
Lot Size2.19 Acres
Days on Market1148

Property Features for 4071 Tates Creek Centre Drive #202

General Information

Standard status Active
Size 1,608 SF - 12,057 SF
Net Rentable 1,608 SF
Class A
Total Parking Spaces 56
Lot size 2.19 Acres
Zoning P-1

Space & Availability

Available Space 1,608-12,057 SF
Space Use Medical Office
Condition turnkey
Meeting Rooms 1

Lease Terms

Lease Rate $19.75 /USD/SF/YR
Monthly Rent $2,669-$5,961
Rent per SF/Year $19.75

Site & Location

Neighborhood Belleau Wood Nghd Assoc.
Road Access Yes

Amenities

creek views
walking bridge over water
reciprocal parking

Building Details

Building Size 3,622 SF
Year Built 1989
Year Renovated 2017
Stories 3
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Source: Bluegrasspropertiesgroup
Added: Sep 7, 2023 Changed: Oct 26 Last Checked: Oct 26 at 3:34AM

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 Homes

Rey
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Investment Insights

Based on property information with market context.

Suite 202 offers a medical office configuration ranging from 1,622 to 3,622 square feet, with eight exam rooms, waiting and check-in/check-out areas, a conference room, break room, two internal restrooms and record storage. The building contains 30,535 rentable square feet across three stories and was completed in 1989. Common areas received major renovations in 2017, and the property is zoned P-1.

At 4071 Tates Creek Centre Drive in Lexington, the property occupies 2.19 acres beside Tates Creek, with creek views and a pedestrian bridge connecting to part of the parking area. On-site surface parking totals approximately 110 spaces, with additional reciprocal parking at Tates Creek Centre. The building can be seen from Wilson Downing Road and Tates Creek Road, which together carry 29,733 ADT.

Key Highlights

  • Suite 202 provides 1,622–3,622 SF with a medical office buildout
  • Eight exam rooms, waiting area, check‑in and check‑out, and two internal restrooms
  • 30,535 rentable square feet in a three‑story building

Property Analytics

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

Current Use

Tates Creek Dental Dental Office Kochis Orthodontics Dental Office Edward Jones - Financial ... Financial Advisor James M. Francis ... Law Firm Leslie Jr Louis ... Dental Office

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Nail 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
Paved road access
NNN (Triple Net)
Lease Type
$2.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40517, KY

37,751
Population
18,306
Households
2.1
Avg Household Size
33
Median Age
41%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
6,089
Density / Sq Mi
$51,778
Median Household Income
$35,010
Median Earnings
$1,092
Median Rent
$196,300
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

$16.56 /SF/Yr
Avg Asking Price
$1.29–$30.04 /SF/Yr
Price Range
7,023 SF
Avg Space Size

This space is priced 19% above the average of $16.56 /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

Similar Off Market Nearby

  • Tates Creek Animal Hospital — 4101 Tates Creek Centre Dr #146, Lexington, KY 40517
  • Gilpin G N DVM — 1230 Armstrong Mill Rd, Lexington, KY 40517
  • Gainesway Small Animal Clinic — 1230 Armstrong Mill Rd, Lexington, KY 40517
  • Nolty Ryan DVM — 1230 Armstrong Mill Rd, Lexington, KY 40517
  • Dr. Clark Vice — 1230 Armstrong Mill Rd, Lexington, KY 40517

Frequently Asked Questions

What type of property is this?
Medical Office Space - An established clinical layout includes patient reception areas, exam rooms, conference space and internal restrooms.
Where is this medical office space located?
The property is located at 4071 Tates Creek Centre Drive #202 Lexington, KY.
What is the lease rate?
The lease rate is $19.75 SF/Yr.
What are key features of this property?
This property features: Suite 202 provides 1,622–3,622 SF with a medical office buildout; Eight exam rooms, waiting area, check‑in and check‑out, and two internal restrooms; 30,535 rentable square feet in a three‑story building
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