For Lease | The Venue - Retail Pad Site | Lexington, KY

Retail-Commercial for Lease
Catylist Listing ID: 30517359
Property Subtypes: Retail-Pad, Street Retail
Building Status: Proposed
Contiguous Space: 2,000 - 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Lease Rate: $95,000 (Annual)
$23.75 PSF (Annual)
Base Monthly Rent: $7,916
Lease Types: Ground Lease, NNN
Last Updated: 2/10/2021

Overview / Comments

Ground lease opportunity within The Venue, a new Lexington retail development. The Venue is located inside New Circle Road on Nicholasville Road, Lexington’s most desirable and highly trafficked retail corridor with +/-45,326 VPD. This location provides strong daytime and evening traffic, retail support and residential density. Close proximity to the +1.2 Million SF Fayette Mall, Plaza at Fayette Mall, Summit at Fritz Farm, University of Kentucky, Blue Grass Airport, downtown and Baptist Health.

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Expand All Available Space

Suite: Lot 1 4,000 SF $95,000 (Annual) NNN,Ground Lease
Space Available: 4,000 SF
Minimum Divisible: 2,000 SF
Lease Rate: $95,000 (Annual)
$23.75 PSF (Annual)
$7,916 (Monthly)
Lease Type: NNN,Ground Lease
Date Available: 10/1/2019
Space Type: New

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10700100
Retail Clientele: General, Business
Largest Nearby Street: Nicholasville Road
Area Description: The property is located within Lexington's newest retail development, The Venue. In its scale, the curated tenant mix and its overall design, The Venue is targeted to serve as a retail hub for the nearby residential neighborhoods on both sides of Nicholasville Road, in addition to serving the nearby hospitals and the University of Kentucky campus.
Tenancy: Multiple Tenants

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,525 149,614 243,456
Median Age: 37.75 34.92 35.65
Households: 7,807 65,037 103,572


Photograph of Listing Agent

Paul Ray Smith

NAI Isaac KCREA Member
Photograph of Listing Agent

Zach Smith

NAI Isaac KCREA Member
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