Zoned B-1 Land

Vacant Land for Lease
Catylist Listing ID: 30271607
Property Subtypes: Self Storage, Other
Gross Land Area: 1.46 Acres
Lease Rate: $125,000 (Annual)
$1.97 PSF (Annual)
Base Monthly Rent: $10,416
Lease Types: Ground Lease, Industrial Gross
Last Updated: 10/19/2018

Overview / Comments

Rare South Broadway retail opportunity!
Up to +/-1.46 acre corner lot conveniently located at South Broadway and Simpson Avenue
Very close proximity to University of Kentucky (+/-30,000 students), student housing complexes, Saint Joseph Hospital, Lexington Clinic, downtown Lexington and The Red Mile; A $42 million dollar renovation and expansion project at The Red Mile opened September 2015 and holds an entertainment venue, now offering three exciting wagering experiences: simulcasting, live racing and historical racing
Nearby retailers include Lexington's newest organic grocer - Lucky's Market, Jalapeno's, Jet's Pizza, Zaxby's, Sonic and Dairy Queen
The lot is adjacent to Buffalo Wild Wings, First Watch, Penn Station, Gumbo YaYa and Cricket Wireless
+/-45,294 ('14) vehicles per day on South Broadway
Zoned B-1, Neighborhood Business
$125,000 per year ground lease rate

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Zoning: B-1, NEIGHBORHOOD BUSINESS
Property Visibility: Good
Site Description: The 1.46 acre corner lot is conveniently located at South Broadway and Simpson Avenue with close proximity to University of Kentucky, student housing complexes, Saint Joseph Hospital, Lexington Clinic and downtown Lexington. Nearby retailers include Jalapeno’s, Jet’s Pizza, Sir Pizza, Sonic, Dairy Queen and Lexington’s newest organic grocer – Lucky’s Market (www.luckysmarket.com)! The lot is adjacent to Buffalo Wild Wings, First Watch, Penn Station, Gumbo Ya Ya and Cricket Wireless.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,831 125,128 250,822
Median Age: 26.83 36.15 35.16
Households: 8,609 52,723 106,658

Contact

Photograph of Listing Agent

Jim Kemper

NAI Isaac KCREA Member
Photograph of Listing Agent

Paul Ray Smith

NAI Isaac KCREA Member
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