Class "A" Office | ±172,215 SF | 100% Occupied

1648 McGrathiana Pkwy, Lexington Kentucky, 40511

Listing ID: CL-Kentucky-28163 Commercial Office Condo Office space
Published on: Thursday, August 6, 2026 | Updated on: Thursday, August 6, 2026

Listing Summary

Premier $25M Class A office building investment opportunity in Lexington, KY. 100% occupied 172,215 SF asset at Coldstream Research Campus. Inquire now

Full Description

Premier Class A Office Investment Opportunity | Lexington, KY

Presenting an extraordinary commercial real estate investment opportunity in Lexington, Kentucky: a 100% fully occupied, Class A office building offered at $25,000,000. Spanning approximately 172,215 square feet across 5 imposing floors, this high-caliber asset offers an optimal blend of immediate income stability, blue-chip tenant creditworthiness, and long-term capital preservation.

Acquiring this premium property at just $145 per square foot allows investors to secure a flagship real estate asset significantly below replacement cost, establishing an advantageous basis with exceptional upside potential.

High-Profile Corporate & Institutional Anchor Tenants

Constructed in 2009 with timeless architecture and institutional-grade specifications, the building boasts a robust, diverse roster of 8 high-credit tenants spanning 16 suites, boasting an overall Weighted Average Lease Term (WALT) of 3.00 years and an average rent of $20.71 PSF.

The property serves as regional headquarters and essential operational space for world-renowned institutions and government agencies, including:

  • The University of Kentucky (Anchor Tenant)

  • The American Board of Family Medicine (Anchor Tenant)

  • Federal Bureau of Investigation (FBI)

  • United States Secret Service

  • Lockheed Martin

  • A&W Restaurants Corporate Headquarters

  • Komatsu

Prime Strategic Location: Coldstream Research Campus

Situated within the prestigious University of Kentucky Coldstream Research Campus, the property enjoys a strategic position in one of Lexington’s top technology, research, and corporate hubs.

  • Convenient Access: Located just two blocks from the Newton Pike interchange off I-64 / I-75.

  • Downtown Proximity: Only 5 miles north of Downtown Lexington.

  • Airport Connectivity: Positioned just 8.6 miles from Blue Grass Airport (LEX), making travel seamless for executive tenants and visiting clients.

Institutional Infrastructure & Property Highlights

Designed to accommodate mission-critical operations, government security protocols, and high-tech enterprise needs, the building features top-tier infrastructure and site management:

  • Redundant Power Systems: Dual-fed power architecture served by two independent electrical substations for maximum operational continuity.

  • Back-up Power: Equipped with two separate on-site emergency generators.

  • Long-Term Ground Tenure: Secured by an 80-year land lease through the University of Kentucky.

  • Turnkey Management: Professional, top-tier engineering and property management team already in place to ensure smooth ownership transition.

Investment Summary & Brokerage Details

  • Offering Price: $25,000,000 ($145 PSF)

  • Building Size: ±172,215 SF

  • Floors: 5

  • Year Built: 2009

  • Occupancy: 100%

  • Average Rent: $20.71 PSF

  • WALT: 3.00 Years

Quick Glance

  • Listing ID: CL-Kentucky-28163
  • Status: Active
  • Year Build: 2009
  • Building Size: 172,215 SqFt
  • Lot Size: N/A

Complete Details

  • Year Build: 2009
  • Building Size: 172,215 SqFt
  • No of Stories: 1
  • No of Parking: 822
  • No of Total Units: 1
  • Heating and Cooling: Not Specified
  • Building Class: Class A

Pricing Details

Listing Location

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.