2240 Gulfstream DrLexington, KY 40504

For Sale
$3,655,000

Class A Office Portfolio, 33,560 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two Class A office buildings totaling 33,560 square feet of net rentable space situated on a 2.581-acre lot in Lexington, Kentucky. The property, located at 2240 Gulfstream Drive, comprises two buildings constructed in 1976. One building offers 18,000 square feet across two stories, including a 6,000-square-foot finished basement. The second building encompasses 15,560 square feet, featuring 1.5 stories and a 3,000-square-foot finished basement. Both buildings boast efficient layouts with a mix of private offices, conference rooms, and open workspaces. Amenities include ample parking (122 spaces), elevators, a modern access badge control system, and a sprinkler system. The property is zoned P-1 and benefits from excellent visibility and signage. This prime location offers easy access to New Circle Road, the University of Kentucky, major healthcare systems, Bluegrass International Airport, and numerous dining, shopping, and banking options along Harrodsburg Road. The property is offered for sale as a portfolio or individually, subject to a minor subdivision plat and required approvals. The asking price is $3,655,000, translating to $108.91 per square foot. This represents a rare opportunity to acquire a well-maintained, Class A office complex in a highly desirable Lexington submarket.

Highlights

  • Class A office portfolio totaling 33,560 square feet NRS on a 2.58-acre lot in Lexington, KY.
  • Offered for sale as a portfolio or individually, subject to subdivision.
  • Excellent parking with 122 spaces.
  • Features elevators in both buildings.
  • Well-maintained, free-standing buildings with efficient layouts.

Property Details for 2240 Gulfstream Dr

Property type
Other office properties, Office properties
Square Feet
33,560 SF
Class
A
Year Built
1976
Buildings
2
Stories
2
Lot Size (sq. ft)
112,428 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0197744
Longitude
-84.5505115
2240 Gulfstream Dr, Lexington, Kentucky

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2240 Gulfstream Dr
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