Retail/Office/Restaurant Flex Space B-1

Retail-Commercial for Lease
Catylist Listing ID: 30863123
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Contiguous Space: 2,500 - 5,200 SF
Total Available: 2,500 SF
Building Size (RSF): 2,500 SF
Gross Building Area: 5,200 SF
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $3,750
Lease Types: Modified Gross
Ceiling: 11 ft.
Usable Size (USF): 2,500 SF
Last Updated: 4/18/2024

Overview / Comments

2500 SF of B-1 space with overhead doors and front entry. Located in a high traffic area with extended possibility for retail, restaurants, or office/flex space. Fully conditioned with exposed ductwork, single restroom and spray foam insulated ceilings, exposed rafters, 10-11ft ceiling height. Unit is individually metered with water, electric and gas. Space is contiguous with an additional 2700 SF to the rear of building which is currently leased and has 11ft ceilings with overhead door and rear gated entry. Lessee my be given the first right of refusal to lease rear space as well.

Expand All Available Space

Suite: A 2,500 SF $18 PSF (Annual) Modified Gross
Level/Floor: Ground
Space Available: 2,500 SF
Max Contiguous: 5,200 SF
Lease Rate: $18 PSF (Annual)
$3,750 (Monthly)
Lease Type: Modified Gross
Space Description: 2500 SF of B-1 space with overhead doors and front entry. Fully conditioned with exposed ductwork, single restroom and spray foam insulated ceilings. Unit is individually metered with water, electric and gas. Space is contiguous with an additional 2700 SF to the rear of building which is currently leased and has 11ft ceilings with overhead door and rear gated entry.
Date Available: 1/8/2024
Lease Term: 24 Months
Space Type: Relet
Sublease Expiration Date: 4/30/2024
Conference Rooms: 1
Offices 1
Parking Spaces 10

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Midland Ave and Third Street
Property Visibility: Excellent
Largest Nearby Street: Midland and Winchester Rd
Highway Access: Winchester Road to I-75
Airports: Bluegrass - less than 10 miles
Site Description: Located on East Third Street with great sign exposure and drive by access
Area Description: Established area with new development in progress, located on a main thoroughfare with ample traffic count.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,500 SF
Property Condition: Excellent
Year Built: 1950
Roof Type: Flat
Construction/Siding: Block, Brick, Vinyl Siding
Exterior Description: Recently updated Facade with 2 operating overhead doors with electric openers, exterior lighting and front entrance door
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Parking is located in the front of building and along street, there is additional public parking available.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: Interior is a open with 16ft spacing between posts. see attached floorplan
Zoning Description: B-1, suitable for array of businesses needing high traffic exposure and easy access.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,133 125,371 250,188
Median Age: 33.85 34.8 35.16
Households: 9,762 54,265 105,969

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