Prime Nicholasville Rd. Ground Lease

Retail-Commercial for Lease
Catylist Listing ID: 30523851
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Service Station/Gas Station
Contiguous Space: 2,714 SF
Gross Building Area: See Agent
Lease Rate: $100,000 (Annual)
$36.85 PSF (Annual)
Base Monthly Rent: $8,333
Lease Types: NNN
Last Updated: 11/6/2019

Overview / Comments

Please contact the agent for more information about this listing.

Expand All Available Space

Suite: 1 2,714 SF $100,000 (Annual) NNN
Space Available: 2,714 SF
Lease Rate: $100,000 (Annual)
$36.85 PSF (Annual)
$8,333 (Monthly)
Lease Type: NNN
Space Description: We are pleased to present this exciting ground lease opportunity in Lexington, KY on Nicholasville Road. This property is currently leased and operated by Burger King, and will be available November 2020. This property is situated along the Nicholasville Road retail corridor with neighboring tenants including Traditional Bank, Panera Bread, Kroger, Fazoli's, Chick-fil-A, Trader Joe's, Baptist Health Hospital, and many others. It is conveniently located 0.3 miles from the Southland Drive area which includes entertainment, night life, boutique shopping, and local restaurants; easy access to and from New Circle Rd 0.8 miles to the north on Nicholasville Rd. Additionally, award winning, Baptist Health Hospital is 0.8 miles south of property on Nicholasville Rd and 1.3 miles from the University of Kentucky. Traffic count on Nicholasville Road 40,235 VPD.

• Currently leased and operated by Burger King [Available Nov. 2020]
• Signalized Intersection on Nicholasville Rd.
• 2,714 sf building on a 0.69 acre lot
• $100,000/year [NNN Ground Lease]
• B-1 Zoning
• 0.3 miles from Southland Dr | 0.8 miles from New Circle Road | 0.8 miles from
• Baptist Health Hospital | 1.3 miles from the University of Kentucky
• Free-Standing Building with a Drive-Thru
• Prime Retail Corridor
Date Available: 11/1/2020
Space Type: Relet

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 11075550
Zoning: B-1
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,744 152,114 244,975
Median Age: 39.05 34.92 35.59
Households: 5,919 66,488 104,234
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