1525 Bull Lea Rd Lexington, KY 40511-1227
- Office buildings
- 19,584 SF
- 5.80 lot acres
Current Use by Public Records
- University of Kentucky - Human Development Institute / Academic Department
- dormakaba - Kaba Mas LLC / Manufacturer
- Kentucky Person-Centered Planning Network / Social Services Organization
- Dobasol LLC / Laboratory
Property Details for 1525 Bull Lea Rd
- Year built
- 1999
- Lot size
- 5.80 lot acres
- Property size
- 19,584 SF
- Zone code
- P-2
- Property type
- Office buildings
- APN
- 38027080
- APU
- 38027080
Description
This exceptional 28,000 square foot single-story medical office building, situated on one acre of land in Lexington, KY, presents a unique leasing opportunity. Located in the Newtown Pike/I-75 Corridor at 1525 Bull Lea Drive, this Class B property boasts 100 suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 3,550 square feet. Currently, 3,550 square feet of space is available. Built in 1998 and renovated in 2020, the building features a 15-foot ceiling height, ample natural light, and a brand new roof and chiller installed in 2023. The property includes 100 parking spaces and is conveniently located near Newtown Pike and Citation Boulevard. Utilities include electric and gas. The building is zoned P-2 and offers various configurations suitable for medical offices, wet and dry labs, training facilities, and call centers. Property taxes are $1.20 per square foot. This is a rare opportunity to lease established lab space in a highly desirable location. The available space offers a turnkey solution for research and development businesses or those seeking efficient workspace. Larger suites are also available, ideal for corporate offices needing training or event space.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4942
- Latitude
- 38.0901
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA