Property Address:151 & 161 North Eagle Creek Drive, Lexington, KY 40509
Bidding Opens: 09/15/25 @ 9:00 AM ET
Bidding Closes: 09/17/25 @ 3:00 PM ET
Inspection: Wednesday 9/10 @ 12:00 PM – 1:00 PM ET
Lexington Office Portfolio – Stabilized Income with Strategic Growth Potential
Property Overview- Positioned within the North Eagle Creek Professional Office Park, this offering features Two Impressive Class B, Four-Story Office Buildings on a total 3.51+/- acres. Each Building will be available for Purchase Separately or in Combination – Bid on One or Both to Suit Your Portfolio Needs!
Leased Fee Value Appraisal (2024): $7,500,000 – Appraisal Available through NDA
151 Eagle Creek Drive
- Year Built: 2000
- Above Grade Gross Sqft: 36,421
- Below Grade Gross Sqft: 7,313
- Approximate Acreage: 1.48 Acres
161 Eagle Creek Drive
- Year Built: 2003
- Above Grade Gross Sqft: 33,495
- Below Grade Gross Sqft: 7,169
- Approximate Acreage: 2.03 Acres
Buildings Jointly Contain just under 84,400sf Situated on 3.51+/- Acres with 69,916+/- Above Grade SF
- Commanding Appearance – These Landmark Properties are perfectly situated for Your Firm’s prominent Logo and Naming Rights. Constructed with full glass panes, these sleek and contemporary structures offer the ownership, or major tenant, a powerful presence that distinguishes them as premier assets in the Lexington office market. The buildings are situated on a combined 3.51-acre parcel and are supported by a generously sized paved surface parking lot with 195 dedicated spaces, ensuring ample convenience for tenants and visitors. If sold separately they will enjoy a well-crafted joint maintenance and cross easement agreement to be filed at closing.
- Strategic Location- Ideally located directly across from St. Joseph East Hospital, just steps from Valvoline World Headquarters along with dozens of professional businesses, this property provides exceptional accessibility and visibility. Tenants benefit from immediate access to major Lexington roadways including Man O’ War Boulevard, New Circle Road, and Richmond Road, making it an ideal hub for medical, professional, or corporate office users.
- Zoning & Environmental Assurance- Both parcels are zoned P-1 (Professional Office), allowing for a wide range of medical, business, legal and general office-related uses under Fayette County Metro planning regulation. To Facilitate bidder due diligence the current Ownership has had a comprehensive Phase I Environmental Site Assessment, Complete Land Survey marking the entire Office Park boundaries including the Division Line between each Distinct Parcel. Local Real Estate Counsel has completed a Commitment for Title Insurance for review in the Property Information Package available from Tranzon. The Financial History and Rental Roll information along with the ESA are available for review upon execution of a standard Non-Disclosure Agreement (NDA), offering added transparency and peace of mind for investors.
- Stabilized Income with Upside Potential – Combined, the 151 & 161 Buildings Contain approx. 62,069 square feet of leasable space, accommodating a Variety of Flexible Tenant Layouts that Range from Entire Floors to Cozy Office Suites that cater to the Sole Practitioner. The Buildings are Currently Generating Substantial Rental Income under Professional Management, with Strong Upside Prospects for the Savvy Investor, or expanding Corporate Firm that is poised for Future Growth but needs options in the near term.
- Public Inspection – Make Plans Today to attend the Public Inspection on September 10 at 12:00pm where Current Property Management and the Auction team will be Available to Answer Questions, Provide Site Tours along with Additional Information.
- Selling on Behalf of the Final Settlement of Wm. Bush Gess, II Estate
Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President
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Tranzon Asset Advisors is a member company of Tranzon, LLC. All Tranzon companies are independently owned and operated. Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice. 10% Buyer's Premium and other terms apply.
Tranzon Asset Advisors, Edward D. Durnil KY Auctioneer #259408/Broker #P187998
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Why Schrader Auction Group is Uniquely Qualified
The successful sale of a commercial property requires maximum exposure to the marketplace combined with knowledgeable and experienced real estate professionals who can provide both the Buyer and the Seller with accurate information, consultation and expertise to maximize the sales price. Our goal is to instill confidence in the Seller and confidence in the Buyer through our knowledge of the market, knowledge of the property and knowledge of the entire auction process. If engaged, you will know that the property will be well publicized, the entire transaction handled professionally and ethically and the highest possible sales price achieved. The reputation of Schrader Auction Group as experienced professionals who auction and sell high-end commercial properties adds value to the process and peace of mind to both Buyer and Seller.
Contact one of our representatives at 859-252-SOLD and learn about upcoming Real Estate Auctions or how to get maximum value out of your property:
For more information, contact:
James M. Schrader, Principal Auctioneer / Broker
859-321-5660 or jschrader@schradercommercial.com
