Georgetown Road Ground Lease Opportunity

Vacant Land for Lease
Catylist Listing ID: 30826821
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.27 Acres
Lease Rate: $7,000 Per Acre (Monthly)
$1.93 PSF (Annual)
Base Monthly Rent: $15,890
Lease Types: Ground Lease
Last Updated: 1/31/2023

Overview / Comments

We are leased to present this unique ground lease opportunity in Fayette County. The site consists of two parcels totaling 2.27 acres of B-3 commercial land. The high traffic count (~25,000 VPD per PVA) and flexible zoning will be attractive for numerous uses. The site is just minutes from the Kentucky Horse Park, Kearney Hill Golf Links, and the I-75 ramp.

HIGHLIGHTS
Lot Size - 2.27 Acres (Divisible)
$7,000/Month/Acre
Zoned B-3 for ample opportunities and different uses
Situated near I-75 and I-64, just off US-25
Close proximity to Lexington, KY and Georgetown, KY
VPD on I-75 just south is 77,875
Kentucky boasts of being within a day’s drive of two-thirds of the U.S. Population, at the center of a 34 state distribution area in the eastern United States

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 19992110
Zoning: B-3
Area Description: Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,373 52,164
Median Age: 34.54 33.76
Households: 2,351 18,750
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