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29836247
29836246

1101 Winchester Rd, Lexington, KY 40505

Gary
Listed by Gary
$2,525,000
416 days on market
Updated 10 days ago

Net Lease Retail

Details
Property Type Office, Retail
Sub Type Medical Office, Storefront (+1)
Square Footage 12,429
Tenancy Vacant
Year Built 1972
Acreage 0.480
Parking Spaces 32 spaces
Parking Per SqFt 2.57

Medical or Traditional Retail

Marketing description

Retail / Medical | Vacant NNN | 12,429 SF


The offering presents the former Fresenius Medical Care facility located along Winchester Road in Lexington, Kentucky. The freestanding building totals approximately 12,429 square feet and sits on a 0.48-acre parcel with excellent frontage and visibility in a high-traffic commercial corridor averaging approximately 50,000 vehicles per day.

The property is currently vacant and available for lease under a triple-net (NNN) structure, with the tenant responsible for roof, structure, windows, parking lot, utilities, taxes, and insurance. The property was previously leased at an annual rent of $215,000, providing a historical reference point for future leasing discussions.

Constructed in 1972, the building features a single-story stud wall structure at the front and a two-story cinder block structure at the rear. Significant capital improvements have been completed, including roof and HVAC replacements around 2018, replacement of one single-story wall and studs in 2019, and installation of a second roof section in 2021. Both roof sections carry 20-year warranties paid for by the landlord, reducing near-term capital needs for incoming tenants.

Surrounded by schools, retail centers, medical facilities, and major anchors including Sam’s Club, Costco, and the University of Kentucky, the property is well suited for medical, office, or retail users seeking strong visibility, accessibility, and a well-maintained NNN asset in one of Lexington’s busiest corridors.

Potential locations for the following:

  • Urgent Care Clinic

  • Physical Therapy Office

  • Dental Office

  • Dialysis Center

  • Behavioral Health / Mental Health Clinic

  • Pediatric Clinic

  • Chiropractic Office

  • Optometry Office

  • Dermatology Clinic

  • Outpatient Surgery Center

  • Rehabilitation Center

  • Home Health Agency Office

  • Hospice Care Facility

  • Adult Day Care Center

  • Memory Care Facility

  • Group Home

  • Substance Abuse Treatment Center

  • Community Health Clinic

  • Pharmacy / Compounding Pharmacy

  • Diagnostic Imaging Center

  • Lab / Clinical Laboratory

  • Veterinary Clinic / Animal Hospital

  • Insurance Office

  • Financial Services / Tax Office

  • Law Office

  • Accounting Firm

  • Real Estate Office

  • Staffing Agency

  • Non-Profit Office

  • Government / Social Services Office

  • Tutoring Center / Learning Center

  • Daycare / Child Care Center

  • Martial Arts / Fitness Studio

  • Salon / Barbershop

  • Spa / Wellness Center

Investment highlights

  • Former Fresenius Medical Care Facility

  • 12,429 SF Freestanding Building on 0.48 Acres

  • Triple Net (NNN) Lease – Tenant Responsible for All Expenses

  • Lease Expired – Available to Lease Immediately

  • Prior Annual Rent: $215,000

  • Approx. 50,000 Vehicles Per Day on Winchester Road

  • Excellent Visibility in a High-Traffic Commercial Area

  • Two Roof Sections with 20-Year Warranties (2018 & 2021)

  • Roof, HVAC, and Structural Improvements Completed

  • Approx. 32 On-Site Parking Spaces

  • Strong Surrounding Demographics and Retail Synergy

Listing Contacts

Gary
Listed by Gary

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Zoning

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B-3 CommercialSpecial CommercialCorridor Business
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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