COMMERCIAL CORNER LOT - SOUTHLAND DRIVE
Vacant Land
for Lease
| Catylist Listing ID: |
30822573 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
0.58 Acres
|
| Lease Rate: |
$6,000 (Monthly)
$2.85 PSF (Annual)
|
| Lease Types: |
Ground Lease, NNN |
| Last Updated: |
3/18/2023 |
Overview / Comments
|
GROUND LEASE! Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors. Great location for a coffee shop, doughnut shop, telephone store, bank branch, just to name a few. Will consider build to suit. Southland Drive was the subject of an extensive renovation project in 2020. The renovations included installation of new sidewalks, drainage system improvements, lots of new landscaping, new pavement, and widening of the street to allow for the new center turning lane, as well as new bicycle lanes running from end to end. The improvements served to make a very desirable business area, even more desirable. Lease $6,000.00 / month NNN.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Taxing Authority: |
Fayette County |
| Tax ID/APN: |
11565400 |
| Zoning: |
B-1 |
| Property Located Between: |
Nicholasville Rd. and Clays mill Rd. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Nicholasville Rd. |
| Feet of Frontage: |
165 |
| Highway Access: |
Direct access onto Southland drive |
| Airports: |
Bluegrass |
| Site Description: |
Vacant Land. This was formerly a gas station. The tanks, and the building have been removed. |
| Area Description: |
Very active business area, surrounded by lots of single family, as well as multi family homes. |
| Lot Frontage: |
165 Ft. +/- |
| Zoning Description: |
B-1 Neighborhood business |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,641 |
154,513 |
249,115 |
| Median Age: |
37.4 |
35.22 |
35.57 |
| Households: |
6,643 |
66,242 |
105,833 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
