Beaumont Marketplace offers a prime retail leasing opportunity in Lexington, Kentucky. This single-tenant space comprises 1,346 square feet within a larger, two-building power center totaling 135,831 square feet. The property is located at 3165 Beaumont Centre Cir, Lexington, KY 40513, conveniently situated near Harrodsburg Road. The center boasts a strong tenant mix, anchored by a Kroger grocery store, and includes complementary businesses such as a wine and spirits shop, chiropractic office, nail salon, and allergy clinic, ensuring high foot traffic and a vibrant customer base. The property is zoned for commercial use and features one-story buildings. This location benefits from excellent visibility and accessibility, making it ideal for a variety of retail businesses. The available space presents a unique chance to establish a presence in a thriving, established shopping center with a proven track record of success. The property is situated in Fayette County and offers a stable and attractive investment opportunity within a densely populated residential area. This space is perfect for a business seeking a well-established location with strong community ties and a diverse customer demographic. The 1,346 square feet provides ample space for a variety of retail concepts. Serious inquiries are encouraged to explore this exceptional opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,737,960
6.5%
$2,527,350
7%
$2,346,820
Comparable approach
Method
Valuation
Relative Method
$1,122,710
Geo Method
$1,119,040
Alternative Use
Use
Valuation
Industrial / Distribution
$4,733,430
Retail / Commercial
$2,474,720
Mixed-Use / Specialty
$2,503,280
Hospitality / Lodging
$1,885,250
Institutional / Educational
$2,615,760
Residential Income
$3,060,440
Multifamily
$3,463,280
Automotive / Energy
$2,242,080
Parking / Income-Based Land
$736,781
Restaurant / Food Service
$1,381,760
Healthcare / Senior Housing
$2,528,730
Location Insight
City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0227
Longitude
-84.5578
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Beaumont Centre Cir Lexington, KY 40513
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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