Listing Agency: j***@cbre.com Show Phone

Listed By: Jeff Dreher Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 26 Last Checked: Aug 26 at 5:47AM

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Investment Insights

Based on property information with market context.

A proposed four-story office building offering 101,200 square feet is planned for delivery in Spring 2027. The building will feature 25,300 square foot floorplates. Situated on 33.79 acres, the development plan includes three buildings. Ample parking is available with 298 surface spaces. The property features a park-like setting with abundant green space. Located adjacent to the Interstate-71 and Interstate-265 interchange, the property offers substantial visibility and is within close proximity to numerous amenities including Norton Brownsboro Hospital, dining, retail, and hotels.

Key Highlights

• Located adjacent to Interstate‑71 and Interstate‑265 interchange offering substantial visibility.
• Proposed 101,200 SF building with Spring 2027 delivery.
• Ample parking with 298 surface spaces available.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Grocery & Convenience Store Daycare Center Electrical Service Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

1,134

Businesses Nearby

Explore this area Business Placement

Demographics for 40059, KY

20,254

Population

8,400

Households

2.4

Avg Household Size

45

Median Age

71%

College-Educated

99%

High-School Grad

28.2 sq mi

ZIP Area

718

Density / Sq Mi

$165,000

Median Household Income

$83,963

Median Earnings

$1,844

Median Rent

$533,800

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 - Proposed four-story office building with ample parking and green space.

Where is this office building located?

The property is located at 5220 Chamberlain Lane Prospect, KY.

What are key features of this property?

This property features: Located adjacent to Interstate‑71 and Interstate‑265 interchange offering substantial visibility.; Proposed 101,200 SF building with Spring 2027 delivery.; Ample parking with 298 surface spaces available.