2887 Richmond Rd Lexington, KY 40509
Prime Lexington retail, 100% occupied, strong tenants.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $6,306,524 asking price for a 7,755 SF retail property.
- Triple-net (NNN) lease with corporate guarantees from Panera Bread, Next Level Sports Nutrition, and AT&T.
- 100% occupancy with 10-year lease terms, including rent escalations and option periods.
- Prime Lexington, KY location on Richmond Road (40,000 VPD), near New Circle Road and Man O' War Boulevard.
- Class A, single-story building constructed in 2023, situated on a 1-acre lot.
- 5.25% cap rate.
Property Details for 2887 Richmond Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 7,755 SF
- Class
- A
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 43,560 SF
- Units
- 3
Location Insight
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Latitude
- 38.00764288
- Longitude
- -84.4522755
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Prime Lexington retail, 100% occupied, strong tenants.
- Where is the lifestyle center located?
- The property is located at 2887 Richmond Rd Lexington, KY.
- What is the asking price?
- The asking price for this property is $6,306,524.
- What are key features of this property?
- This property features: $6,306,524 asking price for a 7,755 SF retail property.; Triple-net (NNN) lease with corporate guarantees from Panera Bread, Next Level Sports Nutrition, and AT&T.; 100% occupancy with 10-year lease terms, including rent escalations and option periods.
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