1575 Mcgrathiana Pkwy Lexington, KY 40511-1270
This exceptional investment opportunity presents a 21,543 square foot Class B industrial flex building situated on an 11.2-acre lot in Lexington, Kentucky. Built in 2014, the property boasts a 100% occupancy rate with a single tenant, Piramal Pharma Solutions, under a 25-year absolute NNN lease. The lease includes a 2% annual rent bump, ensuring consistent income growth. The asking price is $30,000,000, representing a compelling 7.75% capitalization rate and a price per square foot of $1,392.56. The property's Net Operating Income (NOI) is $2,325,000. Located at 1575 McGrathiana Pkwy, Lexington, KY 40511 (APN 38051560), this sale-leaseback transaction offers a secure, long-term investment with a strong tenant and a parent company guarantee. The property is ideally suited for investors seeking stable, high-yield returns in a desirable location. This build-to-suit facility provides peace of mind with a long-term lease and built-in rent increases. The property's strategic location and strong tenant profile make it an attractive investment opportunity.
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Piramal Pharma Solutions Factory Production Facility
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Coldstreamlabs Coworking & Hybrid Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P-2 · Lexington, KYLexington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.