362 Newtown Pike

Vacant Land for Lease
Catylist Listing ID: 30274371
Property Subtypes: Industrial, Retail
Gross Land Area: 1.84 Acres
Lease Rate: $65,000 - 80,000 Per Acre (Annual)
$1.49 - 1.84 PSF (Annual)
Base Monthly Rent: $9,966 - 12,266
Lease Types: Ground Lease
Last Updated: 1/28/2019

Overview / Comments

Visible Corner Available for Ground Lease This 1.84 Acre site is located on the corner of Newtown Pike and 4th Street, a highly traveled corridor between Downtown Lexington and I-75. Fourth St. now serves as a 2-way connector between the growing Jefferson St. corridor and Newtown Pike. Ideally situated for retail redevelopment, this property can be divided and offers multiple curb cuts. Contact our office for more details.

Zoned I-1 (Application for B-1 rezone submitted)

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 11245800
Zoning: I-1
Traffic/Vehicle Count: 25,439
Area Description: Property is located adjacent to the BCTC- Newtown Campus, and neighboring a proposed mixed use development which includes +/-4 acres.
Zoning Description: Light Industrial (Application for B-1 rezone submitted)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,761 114,331 208,500
Median Age: 37.03 33.74 35.87
Households: 6,889 47,030 87,104
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