Colonial Square Redevelopment
Retail-Commercial
for Lease
| Catylist Listing ID: |
30803048 |
| Property Subtypes: |
Free-Standing Building, Restaurant
|
| Contiguous Space: |
1,250 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.28 Acres
|
| Lease Rate: |
$750 (Monthly)
$7.20 PSF (Annual)
|
| Lease Types: |
Modified Gross |
| Building Name: |
Colonial Square |
| Last Updated: |
4/16/2024 |
Overview / Comments
Be a part of the redeveloping Colonial Square property on the corner of US 42 and Ewing Blvd in Florence. This redeveloped project will include a variety of retail and office units of varying sizes with abundant parking in highly visible location near I-75. The developer plans to create a retail and office community attracting boutiques, medical office, professional office, restaurants, a coffee shop, bakery, etc.
Exterior of project is 95% complete. Acapulco Seafood restaurant is open and thriving bringing heavy foot traffic.
|
| Level/Floor: |
Two |
| Space Available: |
1,250 SF |
| Lease Rate: |
$750 (Monthly)
$7.20 PSF (Annual)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Be a part of the redeveloping Colonial Square property on the corner of US 42 and Ewing Blvd, an excellent location with high visibility. Development included all new windows, paint, siding, stamped patio, mechanicals, pylon signage. New restaurant Acapulco has already expanded at this property due to new business growth. 1250 SQ on second floor of Building B is last available unit, $750 per month. This unit can only be used for storage.
This redeveloped project includes a variety of retail and office units of varying sizes with abundant parking in highly visible location near I-75. There are two businesses under construction. The developer plans to create a retail and office community attracting boutiques, medical office, professional office, restaurant, a coffee shop, bakery, etc. |
| Space Subcategory: |
Self Storage |
| Date Available: |
5/16/2022 |
| Lease Term: |
60 Months |
| Space Type: |
New |
Additional Details
| Nearest MSA: |
Cincinnati |
| County: |
Boone |
| Taxing Authority: |
Boone County |
| Tax ID/APN: |
061.09-22-006.00 |
| Zoning: |
O2/UR-IPO |
| Retail Clientele: |
General |
| Property Located Between: |
Ewing Blvd and US 42 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US 42 |
| Feet of Frontage: |
330 |
| Highway Access: |
US 42 (Dixie Highway) is accessible via I-75 |
| Airports: |
Cincinnati International Airport, approximately 10 minutes away |
| Site Description: |
There are 4 renovated buildings with all new windows, siding, paint, mechanicals on highly visible #US 42 on 2.28 acres. |
| Area Description: |
Extremely busy traffic corridor with multiple restaurants, shopping, retail options and established businesses. Across the street is access to Florence Industrial Park. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
4 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Renovated: |
2023 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick/Vinyl Siding |
| Exterior Description: |
Acapulco Seafood restaurant occupies the center of the Square and patio. 3 other surrounding buildings offer renovated lease space. |
| Parking Type: |
Surface |
| Parking Description: |
Abundant parking, resurfaced and striped available in front and back of units. |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
Commercial |
| Lot Frontage: |
330 |
| Lot Depth: |
300 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,908 |
54,328 |
119,443 |
| Median Age: |
34.73 |
36.23 |
35.55 |
| Households: |
1,810 |
19,937 |
44,708 |
|
© Copyright 2024 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.
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