1951 North Broadway, Lexington, KY 40505

Vacant Land for Lease
Catylist Listing ID: 30818568
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 0.71 Acres
Lease Rate: $3,500 (Monthly)
$1.36 PSF (Annual)
Lease Types: Ground Lease, NNN
Last Updated: 10/31/2023

Overview / Comments

We are excited to offer +/-0.71 acres of flat, retail land adjacent to the new Tokyo Express Restaurant off of N. Broadway for ground lease or build-to-suit. The property is conveniently located just off of Interstates 75/64, and only 0.8 miles from Downtown Lexington. Immediately surrounding the site is Shell gas station, Marathon gas station, Tokyo Express, and Days Inn and Suites. There are appx. 26,600 avg. cars/day on N. Broadway. The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automobile service stations.

Utilities are available at the site as a portion of the parcel is fully developed as a restaurant. Tenant to verify the exact amount of land. The property is being offered for ground lease or build-to-suit depending on tenant credit, length of term, etc.

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Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 13895950
Zoning: B-5P

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,592 67,238 164,129
Median Age: 41.27 35.45 34.84
Households: 3,825 28,475 69,302


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