Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 56,774 SF
- Year built
- 2005
- APN
- 38258010
- Zoning
- P-2
- Assessed value · 2023
- $6,050,000
- Annual tax · 2023
- $74,814
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of this zone is to provide for a mixture of compatible office and research uses in a campus setting that adheres to high quality standards, Residential and retail and hotel or motel uses are intended to be sup…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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