Contacts
The Gibson Company
Property Details
- Property Type Office - Medical Office
- Property Size 10,062 SF
- Lot Size 1.15 Acre
- Cap Rate % 7.89
- Zoning COMMERCIAL
- # of Floors 1
- Parking Spaces Avail. 47
- Parking Ratio 4.67 / 1,000 SF
- Building Class C
- Year Built 2003
- Date Updated Sep 10, 2025
This exceptional 10,062 square foot free-standing medical office building, built in 2003, is situated on 1.09 acres in the prestigious Diagnostic Office Park, just behind Frankfort Regional Medical Center. Offering a prime location within Frankfort’s medical corridor, this property presents an outstanding opportunity for investors seeking a fully leased, income-generating asset.
The building is currently divided into two suites, both occupied by long-term medical tenants. Suite A encompasses approximately 5,610 square feet and is leased to Kentucky One Health through June 4, 2028. This space features a spacious lobby and reception area with a service counter, an open physical therapy room, a procedure room with an office, six exam rooms with plumbing, five private offices, and an executive suite with a private restroom. Additional amenities include three private restrooms, a break room, kitchenette, and an IT/phone closet.
Suite B measures 4,452 square feet and is leased to Commonwealth Specialists of Kentucky through February 28, 2030. This suite includes a large lobby and waiting area, a nurses station, 11 exam rooms with sinks, six private offices, a lab area, two private restrooms, and access to common area restrooms.
Offered at $1,500,000, this property is a turnkey investment with stable rental income and minimal immediate capital needs. Located in a high-demand medical setting, 624 Chamberlin Drive represents a rare opportunity to acquire a premium healthcare asset in Central Kentucky.
Reach out to the broker for more info on lease terms and amenities
Getting around
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17/100
Walk Score ®
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27/100
Bike Score ®
Location
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
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Marathon
1.08 miles
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Kroger
1.14 miles
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Speedway
1.15 miles
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BP
1.70 miles
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Valero
4.15 miles
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Sunoco
5.25 miles
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KYTC Empl Ent West
3.78 miles
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School Bus Parking
9.38 miles
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Hampton
1.06 miles
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Holiday Inn Express
1.23 miles
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Capital Plaza Hotel
3.66 miles
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Home2 Suites by Hilton Frankfort
5.58 miles
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Fairfield Inn & Suites
5.82 miles
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Best Western
5.84 miles
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Walmart Supercenter
0.91 miles
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ALDI
1.01 miles
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Save-A-Lot
2.40 miles
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Kohl's
5.44 miles
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American Freight
5.45 miles
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TJ Maxx
5.50 miles
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Kroger
5.63 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
The Gibson Company
