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1950 Nicholasville Rd
Lexington, KY 40503

$25.00 USD/SF/YR

Medical For Lease  •  2,551+ SF

Property Details

  • Property Type Medical
  • Year Built 1947
  • Total Building Size 4,126 SF
  • Tenancy Single
  • Building Class C
  • Zoning P-1
43 Transit Score
79 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Medical Office 2,551-4,126 SF $25.00 USD/SF/YR 
Being offered for lease for the first time, this former bank branch is a prime class A location on Lexington's busiest raod. Close proximity to all major hospitals as well as the Nicholasville Road retail corridor provides for a tenant a tremendous opportunity to enter the market.  The property is being offered for ground lease. Above grade square footage is 2,551 sf. The basement is 1,575 sf. 
Ownership is willing to tear down the building and do a build to suit for a strong tenant. Rent would be adjusted based on final plans. Ownership has provided a concept plan showing up to 9,400 sf being build with two stories. Inquire with agent for more details

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

Offered for ground lease for the first time since being built, 1950 Nicholasville Road sits on the busiest thoroughfare in Lexington. Zoned P-1, professional uses, this property is located between the 5 major hospitals, the University of Kentucky, and the major Nicholasville Road retail corridor.  The above grade square footage is 2,551 sf. The basement is 1,575 sf.

Ownership would entertain tearing down the building  and doing a build to suit for a national tenant (s). A concept plan can be found in the marketing for a new building, constructing up to 9,400 sf on 4,700 sf floor plates. Rent to be determined based on plans.
The property is restricted from being a bank or financial institution.

Highlights

Nicholasville Road sits on the busiest thoroughfare in Lexington.
Located between the 5 major hospitals, the University of Kentucky, and the major Nicholasville Road retail corridor.
Also offering ground lease.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Blue Grass 18 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Jason Taylor 859-266-1414 Equity Management Group, Inc.
Jason Taylor 859-266-1414 Equity Management Group, Inc.