261 Regency Circle

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261 Regency Circle

Lexington, KY 40503
Asking Price
$417K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office space spanning 3,472 square feet in Lexington
  • Asset features a recent renovation throughout the interior space
  • Current rental income is in place for prospective investors
  • Dedicated parking is provided for tenants and their clients
  • Strategically situated in the professional corridor of Lexington Kentucky

What's Special

Professional services firms seeking a centralized hub will find this 3,472 square foot traditional office space at 261 Regency Circle well-suited to their operational needs. The property has undergone a recent renovation, ensuring a modernized environment for daily business activities. Its location in Lexington, Kentucky, positions it within a stable regional economy supported by a diverse mix of healthcare, education, and manufacturing sectors. The asset includes dedicated parking, providing ease of access for employees and visiting clients alike. Investors looking for an income-generating asset can benefit from the existing rental income currently in place. This property functions as a versatile space for professional offices, consulting practices, or private firms requiring a functional workspace in a convenient area of the city. With its established condition and practical layout, the site offers a straightforward acquisition for those looking to expand their commercial footprint in the Lexington market.

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NOI
$80,000
Cap Rate
19.20%
DSCR
3.23
Strong
Cash-on-Cash
44.21%
Monthly Payment
$2,061.307
Annual Cash Flow
$55,264.311

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