1840 Oxford Circle
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30831941 |
| Property Subtypes: |
Street Retail
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
7,875 SF
|
| Gross Land Area: |
0.20 Acres
|
| Sale Price: |
$585,000 |
| Unit Price: |
$74.29 PSF |
| Property Use Type: |
Investment |
| Building Name: |
1840 Oxford Circle |
| Usable Size (USF): |
7,875 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/18/2023 |
Overview / Comments
|
7,875 square foot retail building located just off of Versailles Road on Oxford Circle. Long term lease in place with CSL Plasma. Average NOI over the last 4 years is $52,147.00. New 7 year lease to begin this September. Parking lot is shared with other tenants and manged by an association. Parking lot paved and striped in 2019 and roof was replaced in 2021.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$4,231 (Annual) |
| Potential Rental Income |
$61,286 (Annual) |
| Gross Operating Income |
$61,286 (Annual) |
| Net Operating Income |
$49,749 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
17281875 |
| Zoning: |
B-1 NEIGHBORHOOD BUSINESS |
| Retail Clientele: |
General |
| Property Visibility: |
Fair |
| Largest Nearby Street: |
Versailles Road |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1977 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Shared Parking lot manged by an association |
| Zoning Description: |
B-1 Neighborhood Business |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,035 |
95,107 |
210,397 |
| Median Age: |
30.6 |
34.12 |
35.61 |
| Households: |
6,770 |
38,335 |
88,462 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
