905 Lexington Avenue & 7 Waveland Avenue

Special Purpose for Sale
Catylist Listing ID: 30582998
Building Size (RSF): 12,200 SF
Gross Land Area: 1 Acre
Sale Price: $775,000
Property Use Type: Investment
Usable Size (USF): 12,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Portfolio For Sale that includes a 28 unit mini-warehouse facility, 3,000 square foot office building and a 6 bay car wash in Winchester Kentucky on Lexington Road. New 5 year lease in place with National Youth Advocate Program, INC for the office building. The car wash consists of 4 self serve bays and 2 touch free automatic bays. The mini-warehouses consist of 28 total units with twelve 10 x 15 units leasing for $55 per month and sixteen 10 x 10 units leasing for $39 per month.

Current Tenants

Tenant Business Name National Youth Advocate Program, INC
Is Renting? Yes

Additional Details

Nearest MSA: Lexington-Fayette
County: Clark
Tax ID/APN: 054-1002-013-00
Zoning: B-3
Property Visibility: Excellent
Largest Nearby Street: Lexington Road
Site Description: Mixed use, office industrial
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Parking Type: Surface
Zoning Description: B-3 Highway Business
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,135 25,471 28,489
Median Age: 39.68 39.05 39.05
Households: 3,923 10,302 11,479

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