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Property profile & analytics
OFF-MARKET
Office Spaces

535 Wellington Way Lexington, KY 40503

32,727 SF Built 2008
Property ID
Property summary
AI-generated overview

This 1,661 square foot, third-floor office suite in a three-story, 32,727 square foot Class B building is ideally located on Wellington Way in Lexington, KY, between Clays Mill Road and Nicholasville Road. Built in 2008, the property features a functional layout including a reception area, lab, break room, and four offices or exam rooms, perfect for medical or traditional office use. Large windows provide abundant natural light and excellent views. The suite is immediately available and offers convenient access to numerous retail and dining options. Amenities include elevator access and ample parking. The building offers 7 AM to 7 PM building hours, but tenants enjoy 24/7 access. The property sits on a 1.54-acre lot and is zoned P-1. The minimum divisible space is 1,661 square feet, which is also the maximum contiguous space currently available. The Fayette County property (APN 38125700) is a multi-tenant building.

Property profile
Verified
Property type Office Spaces
Year built 2008
Total area 32,727 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Justice Dental Dental Office
  • White, Greer & Maggard Orthodontics Dental Office
  • Johnson Legal Network, PLLC Law Firm
  • Wild Health Physician
  • Jeffrey Graham Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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