295 W. New Circle Road/1500 Russell Cave Road

Vacant Land for Lease
Catylist Listing ID: 30276850
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 0.58 - 1.98 Acres
Lease Rate: $1,500 - 4,500 (Monthly)
$0.71 - 2.14 PSF (Annual)
Lease Types: NNN
Last Updated: 9/15/2020

Overview / Comments

295 W. New Circle Road: 1.47 Acres at $4,500/month + NNN
1500 Russell Cave Road: 0.58 Acres at $1,500/month + NNN

Two lots available in a highly visible location on New Circle Road and Russell Cave Road. The lots are available for Ground Lease or Build-to-Suit and can be leased together or separately. The existing pylon sign on New Circle Road is available to the tenant. The landlord will provide a clear pad ready site.

Highlights

-Lots can be combined for a total of 1.98 AC where the site can function as a signalized corner with ingress/egress to New Circle Road and Russell Cave Road
-Available 4th Quarter 2016
-Landlord will provide clear pad ready site
-+/- 59,838 traffic count at cross streets
-Trade area retailers include Wal-Mart Supercenter, McDonald’s, Taco Bell, PNC Bank, Marathon, Burger King, Central Bank, Arby’s and more
-Zoning includes a multitude of uses including fast food or QSR restaurants, banks, automotive, and professional/medical office

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 26649600
Zoning: B-3
Area Description: The lots are located on New Circle Road and Russell Cave Road in Lexington’s northern corridor. The site is in close proximity to downtown Lexington and is approximately 1.2 miles from I-75/64.
Zoning Description: Highway Service Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,729 88,441 177,962
Median Age: 37.54 33.34 35.19
Households: 4,100 36,047 74,076

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