CenterCourt

Retail-Commercial for Lease
Catylist Listing ID: 30270517
Property Subtypes: Street Retail
Contiguous Space: 1,573 SF
Gross Building Area: 13,431 SF
Lease Rate: $20.95 PSF (Annual)
Base Monthly Rent: $2,746
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/10/2020

Overview / Comments

CenterCourt is located at 535 South Upper at the end of Euclid Avenue. Centercourt is across from the University of Kentucky and the new Hub on Campus Development, and just opened summer 2019. The retail space is on the first floor of the CenterCourt mixed-use development. The 156 residential condominium units provide a built in customer base for CenterCourt's retail tenants. Hub on Campus Lexington is a new +/-273,412 SF luxury apartment complex that will include 154 units with 492 beds and a 19,981 SF small-format Target store that will be the first in Kentucky.

Within a block from Centercourt, the new UK Student Center is near completion and 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.

Attachments & Media

Expand All Available Space

Suite: 125 1,573 SF $20.95 PSF (Annual) NNN
Space Available: 1,573 SF
Lease Rate: $20.95 PSF (Annual)
$2,746 (Monthly)
Lease Type: NNN
Date Available: 3/1/2020
Lease Term: 12 Months
Space Type: Relet

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 99001010
Zoning: MU-2, NEIGHBORHOOD CORRIDOR
Retail Clientele: General
Property Visibility: Excellent
Traffic/Vehicle Count: 18,576
Area Description: CenterCourt is located at the intersection of S. Upper Street and the Avenue of Champions. Tenants will enjoy an exciting location one block from the University of Kentucky, just a few short blocks from Rupp Arena, and within easy walking distance to downtown Lexington. The average traffic count on South Upper in front of CenterCourt is 18,576 ('12) vehicles per day, putting your business in the center of activity.
Tenancy: Multiple Tenants
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,839 124,221 247,087
Median Age: 26.52 35.2 35.35
Households: 9,614 52,439 104,928

Contact

Photograph of Listing Agent

John P Miller

NAI Isaac KCREA Member
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