851 Corporate Dr, Lexington, KY 40503-5428
This exceptional 3,066 square foot office space is situated within a three-story, 17,642 square foot building at 851 Corporate Drive in Lexington, Kentucky, zip code 40503. The property is a traditional office space, also suitable for executive or creative office uses, and is part of a highly sought-after suburban office development. This space is immediately available for lease and represents a significant portion of the building's currently vacant 3,066 square feet. The building benefits from a convenient location, just off Harrodsburg Road and a short distance from New Circle Road, providing easy access to major transportation routes. Its strategic location offers proximity to a wide array of amenities, including shopping, fitness centers, and numerous dining options at the nearby Beaumont Centre, located directly across Harrodsburg Road. The building is under new ownership and has undergone significant improvements. The space is adaptable to various business needs and offers a professional environment. This is a rare opportunity to secure high-quality office space in a prime Lexington location. The building features multiple tenants.
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Elliott Robert E MD Physician
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Cheryl Marrs Physician
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Creative Solutions of the Bluegrass, LLC Counselor
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State Farm Insurance Insurance Agency
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iEntry, Inc. Advertising Agency Marketing & Advertising
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-1 · Lexington, KYLexington. Always verify with local authorities before improvements.
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.