Catylist ID:
#30343598
PRICE REDUCTION! 2.25 +/- Acres For Ground Lease
Vacant Land
for Lease
| Catylist Listing ID: | 30343598 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad, Other |
| Gross Land Area: | 2.25 Acres |
| Lease Rate: |
$135,000 (Annual) $1.38 PSF (Annual) |
| Base Monthly Rent: | $11,250 |
| Lease Types: | Ground Lease, NNN, Absolute NNN |
| Last Updated: | 7/23/2019 |
Overview / Comments
|
***GROUND LEASE RENT REDUCED!!!*** Ground lease located at the signalized intersection of Blankenbaker Parkway and Bluegrass Parkway allowing for easy and quick access, this prime commercial ~ 2.25 acre lot with a parking lot that has ~90 parking spaces, boasts excellent visibility and is just 1 block south of I-64 on Bluegrass Parkway. Zoned PEC (Planned Employment Center) the parcel offers excellent opportunities for various commercial uses. Ideal for restaurant, bank or other retail use. The corner of Blankenbaker and Bluegrass Parkways has an average daily vehicle count of ~45,310 and this site is the front door to the Class A Blankenbaker Crossings 550 acre mixed use development. NOTE: The former Ruby Tuesday building has been removed from the property, this is a ground lease only, absolute NNN, with no building. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 234900050000 |
| Zoning: | PEC - Planned Employment Center District |
| Property Located Between: | I-64 and Bluegrass Parkway |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Blankenbaker Parkway |
| Traffic/Vehicle Count: | 45,310 |
| Highway Access: | I-64, I-264 and I-265 |
| Airports: | Louisville Muhammad Ali International Airport |
| Site Description: | Flat ground on signalized corner of intersection. Has utilities to the site, was a former restaurant on the parcel. |
| Area Description: | Blankenbaker Crossings is the service hub for this area of eastern Jefferson County (Louisville), with hotels, restaurants, gas stations, banks and more all within 5 minutes. It is also on the eastern edge of the Bluegrass Commerce Park, an industrial park with a daytime work population of ~35,000. |
| Zoning Description: | PEC is designated by Louisville Metro and the Land Development Code as Planned Employment Center District. |
| Part of Planned Development?: | Yes |
| Development Name: | Blankenbaker Crossings |
| Topography: | Level |
| Easements: | Utilities, Other |
| Available Utilities: | Electric, Water, Gas, Sewer, Cable |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,078 | 63,664 | 168,991 |
| Median Age: | 43.76 | 41.37 | 40.13 |
| Households: | 2,244 | 26,450 | 70,494 |
Contact
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