For Sale | UK Campus Retail Investment | Lexington, KY

Retail-Commercial for Sale
Catylist Listing ID: 30859791
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 2,723 SF
Gross Building Area: See Agent
Sale Price: $1,650,000
Unit Price: $605.95 PSF
In Opportunity Zone? Yes
Is Quick-Service Restaurant? Yes
Property Use Type: Investment
Building Name: UK Campus Retail Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2024

Overview / Comments

Investment opportunity located in the heart of the University of Kentucky campus. Located on South Limestone adjacent to Chipotle, McDonald's, Target, Local Taco, Tin Roof, The Hub, Raising Canes and more. The Hub is a new +/-273,412 SF luxury apartment complex that includes 154 units with 492 beds and a 19,981 SF small-format Target store, the first in Kentucky. Close proximity to the UK Student Center that includes Barnes & Noble College that operates 782 campus bookstores nationwide and UK Healthcare Good Samaritan Hospital, a 180 licensed beds acute-care facility with more than 600 clinical and ancillary staff and a medical staff of more than 600 physicians.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 13460900
Zoning: B-1, NEIGHBORHOOD BUSINESS
Property Visibility: Excellent
Traffic/Vehicle Count: 10,563
Airports: Blue Grass Airport
Area Description: Located on South Limestone adjacent to Chipotle, McDonald's, Target and The Hub. Hub on Campus Lexington is a new +/-273,412 SF luxury apartment complex that includes 154 units with 492 beds and a 19,981 SF small-format Target store, the first in Kentucky. Close proximity to the UK Student Center that includes Barnes & Noble College that operates 782 campus bookstores nationwide and UK Healthcare Good Samaritan Hospital, a 180 licensed beds acute-care facility with more than 600 clinical and ancillary staff and a medical staff of more than 600 physicians.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1965
Year Renovated: 2023
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,726 124,369 248,857
Median Age: 26.95 35.05 35.37
Households: 9,957 52,559 105,519

Contact

Photograph of Listing Agent

Zach Smith

NAI Isaac KCREA Member
Photograph of Listing Agent

Paul Ray Smith

NAI Isaac KCREA Member
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