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.


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
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

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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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