Prime Richmond Road, Lexington Land Opportunity For Lease, BTS or Sale

Vacant Land for Sale
Catylist Listing ID: 30754141
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.30 Acres
Sale Price: See Agent
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/15/2021

Overview / Comments

Available for sale is prime retail or restaurant opportunity with a 1.3 ± acre outlot. The site features excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19). A large pylon signage is available solely for outlot use, and a 3-tenant pylon sign is also available for the retail center. The site possesses convenient access to two signalized traffic lights and a cut off Richmond Rd directly in front of the site.

This property is situated in a prominent retail and restaurant hub only four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. It is located in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s Pizzeria.

It is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 25833025
Zoning: C1
Property Located Between: Located between Richmond Road and Old Todds Road
Property Visibility: Excellent
Largest Nearby Street: Richmond Road
Traffic/Vehicle Count: 40,088
Highway Access: Located less than a mile away from E. New Circle Road
Site Description: Prominent retail and restaurant hub situated four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees
Area Description: Surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper
Zoning Description: C1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,437 121,889 214,621
Median Age: 32.75 33.9 34.6
Households: 8,389 53,746 92,861

Contact

Photograph of Listing Agent

Justin R Phelps

Hogan Real Estate KCREA Member
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