620 Euclid Ave

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620 Euclid Ave

Lexington, KY 40502
Asking Price
$1.90M
Asset Type
Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The office property is available for purchase at 1,899,000 dollars.
  • The building features 15,138 square feet of usable professional office space.
  • The site is located at 620 Euclid Ave in Lexington, Kentucky.
  • This asset is suitable for corporate offices or private practice space.
  • Lexington offers a stable market with consistent regional economic growth trends.

What's Special

This office property at 620 Euclid Ave in Lexington, KY is currently available for sale, providing a functional environment for investors or businesses seeking a strategic foothold in the region. Spanning 15,138 square feet, the building accommodates diverse professional operations ranging from corporate headquarters to regional service centers. The local submarket benefits from its proximity to major academic and medical hubs in Lexington, reflecting the area's steady economic activity and professional density. Ownership of this asset allows for a variety of uses including multi-tenant professional services, private practice suites, or administrative space for local businesses. The central location provides efficient access to the city's primary thoroughfares, connecting the property to both suburban residential pockets and the downtown business core. Its substantial footprint supports flexible interior configurations tailored to specific operational requirements. Investors and occupiers alike can leverage the site's visibility and accessibility to sustain long-term business growth within this prominent Kentucky market.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,395.216
Annual Cash Flow
$-32,742.59

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