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Medical Office Suite
For Lease
$25-$30 SF/Yr NNN

55 Medpark Square #Ste 3, Somerset, KY 42501

Interior completion can be tailored to a medical office tenant’s requirements.

Space Size1,980 SF
Days on Market677

Property Features for 55 Medpark Square #Ste 3

General Information

Standard status Active
Size 1,980 SF
Net Rentable 1,980 SF
Zoning commerical
Lease Type NNN

Space & Availability

Available Space 1,980 SF
Contiguous Space 1,980 SF
Space Use Medical Office
Condition Built-to-Suit

Lease Terms

Monthly Rent $4,125-$4,950
Rent per SF/Year $25-$30

Amenities

underground utilities
clock tower
courtyard
pedestrian friendly amenities

Building Details

Building Size 1,980 SF
Year Built 2025
Buildings 1
Listing Agency: Eagle Realty & Development LLC
Listed By: Linda Skaarup · License #204046
Source: Bluegrasspropertiesgroup
Added: Dec 30, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:45AM

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 Eagle Realty & Development LLC

Rey
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Investment Insights

Based on property information with market context.

Suite 3 at MedPark Square offers 1,980 square feet for medical office use. The interior can be finished to suit the incoming occupant, and the property was built in 2025. Triple-net lease structure applies.

The address is 55 Medpark Square in Somerset, near the hospital. MedPark Square reports daily vehicle activity of approximately 1,500–2,000 cars. The site also features underground utilities, pedestrian-oriented amenities, and a courtyard clock tower.

Key Highlights

  • 1,980‑square‑foot medical office suite
  • Interior finish can be configured for the incoming tenant
  • Built in 2025

Property Analytics

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

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service Garden Center Building Supply Plumbing Service

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

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Interior completion can be tailored to a medical office tenant’s requirements.
Where is this medical office space located?
The property is located at 55 Medpark Square #Ste 3 Somerset, KY.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 1,980‑square‑foot medical office suite; Interior finish can be configured for the incoming tenant; Built in 2025
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