Catylist ID:
#30865849
1951 North Broadway
Retail-Commercial
for Lease
Also listed as Vacant Land
| Catylist Listing ID: | 30865849 |
| Property Subtypes: | Convenience Store, Free-Standing Building, Restaurant, Service Station/Gas Station, Other |
| Contiguous Space: | 2,600 SF |
| Building Size (RSF): | 2,600 SF |
| Gross Land Area: | 1.30 Acres |
| Lease Rate: |
$25 PSF (Annual) |
| Base Monthly Rent: | $5,416 |
| Lease Types: | NNN |
| Has Drive-Thru? | Yes |
| Usable Size (USF): | 2,600 SF |
| Last Updated: | 3/28/2024 |
Overview / Comments
|
Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway. The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations. The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html This offering is also available for sale at $1,500,000. |
Attachments & Media
Expand All Available Space
| Suite: Building 1 | 2,600 SF | $25 PSF (Annual) NNN |
| Space Available: | 2,600 SF | |
| Lease Rate: |
$25 PSF (Annual) $5,416 (Monthly) |
|
| Lease Type: | NNN | |
| Date Available: | 1/22/2024 | |
| Space Type: | Relet | |
| Kitchen | Yes | |
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 13895950 |
| Zoning: | B-5P (INTERCHANGE BUSINESS) |
| Retail Clientele: | General, Traveler, Tourist |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Interstates 75/64 |
| Traffic/Vehicle Count: | 26,600 |
| Site Description: | The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations. |
| Area Description: | Immediately surrounding the site is a Shell gas station, a Marathon gas station, and a Days Inn and Suites. There are appx. 26,600 avg. cars/day on N. Broadway. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 2,600 SF |
| Property Condition: | Excellent |
| Zoning Description: | Interchange Business |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,592 | 67,238 | 164,129 |
| Median Age: | 41.27 | 35.45 | 34.84 |
| Households: | 3,825 | 28,475 | 69,302 |
Contact
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