745 W NEW CIRCLE RD Lexington KY 40511-1865

Premier Data Center Redevelopment Opportunity

For Sale: 745 W. New Circle Road, Lexington, Kentucky 40511

Located directly across from Lexmark’s global headquarters, 745 W. New Circle Road offers a rare opportunity for data center developers, operators, and power-intensive users to acquire a large-scale site with existing infrastructure, robust utility access, and strong redevelopment potential.

This property totals 29.54 acres and features approximately 345,000 total square feet of space across Buildings 200 and 202.

• Building 200 is partially leased to multiple credit-grade tenants, providing near-term income.

• Building 202 contains 81,679 square feet of former IBM data center space with Liebert units, water-cooling systems, raised flooring, security checkpoints, and five Caterpillar generators already in place.

A direct feed from an on-site Kentucky Utilities substation and favorable electric rates position the property ideally for colocation operations, enterprise data centers, or other power-intensive operations. Internal studies from Kentucky Utilities—pending external study validation—indicate that the site can be serviced by 75 megawatts of power capacity within a three-year ramp-up schedule. Larger power capacity can be explored.

Property Highlights

• Zoned P-1: Permits data center and technology-related uses under LFUCG zoning

• On-site Kentucky Utilities substation with direct power feed

• High power potential supported by recent utility studies (75 MW scalable capacity)

• Existing data center infrastructure with Liebert units, water-cooling, and raised floor systems

• Five Caterpillar generators in place for backup power redundancy

• 600+ surface parking spaces providing ample current parking or future building expansions, depending on user needs

• Income-producing leases in Building 200 during transitional or redevelopment phase

• Strategic Lexington location with access to competitive energy costs

Contact us today for more information or to schedule a tour.