1650 Bryan Station RdLexington, KY 40505
- Retail properties
- 91,993 SF
Property Details for 1650 Bryan Station Rd
- Year built
- 1993
- Lot size
- 8.95 AC
- Property size (Sq ft)
- 91,993 SF
- Zone code
- B-6P
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 25355900
- APU
- 25355900
Description
This exceptional retail opportunity is located at 1650 Bryan Station Rd, Lexington, KY 40505, within the thriving Bryan Station shopping center in Fayette County. The property offers a total of 54,277 square feet of retail space in a multi-tenant building. Currently, one retail space of 3,002 square feet is available for lease. The center boasts a strong anchor tenant, Kroger, a major grocery store generating significant daily traffic. The presence of Planet Fitness further enhances the center's appeal and contributes to its high customer traffic. The center's impressive visit frequency of 6.07 demonstrates its ability to attract and retain a loyal customer base, making it an ideal location for businesses seeking high visibility and strong foot traffic. This property presents a unique opportunity to establish a presence in a well-established and highly trafficked retail center in a prime Lexington location. The property's strategic location and strong tenant mix offer significant potential for growth and success. Interested parties should inquire for lease terms and conditions.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $20,647,892
- 6.5%
- $19,059,592
- 7%
- $17,698,192
-
Comparable approach
- Method
- Valuation
- Relative Method
- $19,105,676
- Geo Method
- $28,790,018
-
Alternative Use
- Use
- Valuation
- Residential
- $16,077,479
- Hospitality
- $14,726,885
- Educational
- $12,252,595
- Medical
- $12,673,981
- Retail
- $19,059,592
Location Insight
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Latitude
- 38.0586
- Longitude
- -84.4613
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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