1600 New Circle RdLexington, KY 40509
High-return NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Corporate guaranteed lease with over four years remaining.
- High-traffic location on E New Circle Rd, exceeding 23,000 vehicles daily.
- Less than five miles from the University of Kentucky (30,000+ students).
- Investment-grade tenant (Advance Auto Parts) with BBB-/Baa2 credit rating and $11.3B in 2023 sales.
- Advance Auto Parts operates over 4,700 stores nationwide.
- NYSE-listed company (AAP) with a long history (founded 1932) and 65,000+ employees.
Property Details for 1600 New Circle Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 6,895 SF
- Lot Size (sq. ft)
- 22,651 SF
Location Insight
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Latitude
- 38.0174903
- Longitude
- -84.4573429
Nearby Similar for Sale
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