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333 Waller Ave 46,656 SF 91% Leased Office Building Lexington, KY 40504 $5,806,500 CAD ($124.45 CAD/SF)

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EXECUTIVE SUMMARY

333 WALLER AVE – Income Property with Redevelopment Potential
Property Information:
Asking Price: $4,200,000
Building Size: 46,656 SF
Lot Size: 1.693 AC
Zoning: P-1 Professional Office
Year Built: 1971
Traffic Count: 12,403/day
Existing, stabilized income stream with 85% occupancy. Outstanding redevelopment opportunity for student housing and other uses.
Major traffic corridor between Nicholasville Road and Harrodsburg Road and located at the doorstep of the University of Kentucky campus near major UK Healthcare expansion.
High quality income from UK and Commonwealth of Kentucky leases. Selling due to dissolution of partnership and retirement.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,656 SF
Building Class
B
Year Built
1971
Price
$5,806,500 CAD
Price Per SF
$124.45 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,000 SF
Slab To Slab
12’
Building FAR
0.63
Lot Size
1.69 AC
Zoning
P-1 - Commercial Office Building
Parking
100 Spaces (2.27 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Educational Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

The University of Kentucky has a broad range of resources centered on a single campus in the heart of the Bluegrass. Their wide array of programs allows us to excel in multidisciplinary studies and fosters an environment of cooperative engagement across all colleges, programs, and research endeavors. Because of the lives they touch and teach, they remain anchored in their mission to Kentucky– to educate, innovate, heal, and serve. To be sure, their complex, multi-faceted mission looks different today in many ways than it did in 1865. However, their sense of responsibility to our communities on campus and across the region is resolute. The mission has evolved and grown. The vision of service to our Commonwealth and the world beyond remains the same. They remain their compass – the soul of the University of Kentucky.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Educational Services - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 120
  • 2,485 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Offering 6 months free rent with a 5 year lease with build to suit options to customize the space.

  • 2nd Fl-Ste 280
  • 1,761 SF
  • Office
  • Full Build-Out
  • Now

1,761 SF of office space available for lease.

Space Size Space Use Condition Available
1st Fl-Ste 120 2,485 SF Office/Medical Partial Build-Out Now
2nd Fl-Ste 280 1,761 SF Office Full Build-Out Now

1st Fl-Ste 120

Size
2,485 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 280

Size
1,761 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 120

Size 2,485 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

Offering 6 months free rent with a 5 year lease with build to suit options to customize the space.

2nd Fl-Ste 280

Size 1,761 SF
Space Use Office
Condition Full Build-Out
Available Now

1,761 SF of office space available for lease.

Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14148500
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,277,501 CAD
  • Listing ID: 38053897

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 333 Waller Ave, Lexington, KY 40504

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