Lexington, KY Land Space For Lease

.91 Acres

Available for sale or ground lease

Approved to build up to 6,000SF

New Circle Ground Lease Opportunity, 1.63 acres with B-3 Zoning. 9,120 sf bldg

that could be utilized or removed. Excellent high traffic location. Call agent for more details.

Available for sale, ground lease or build to suit is prime retail or restaurant opportunity with a 1.3 ± acre outlot. The site features excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19). A large pylon signage is available solely for outlot use, and a 3-tenant pylon sign is also available for the retail center. The site possesses convenient access to two signalized traffic lights and a cut off Richmond Rd directly in front of the site.

This property is situated in a prominent retail and restaurant hub only four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. It is located in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s Pizzeria.

It is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens.

Excellent outlot available with up to 5,250 SF. Direct access from Nicholasville Road. Strategically located between Fayette Mall and University of Kentucky. ADT at Nicholasville Road is 51,071. Median HH income is $65,145 (1 mile). Anchored by Kroger, Michaels and T.J. Maxx.

This is a rare offering of prime land in Lexington located at the intersection of Athens Boonesboro Rd and Interstate 75. We are pleased to offer a range of property that all fronts Athens Boonesboro Rd and offers great visibility and access. The current Development Plan approves a 7,100 SF restaurant plus a 17,000 SF, 3 story hotel, however variations of this plan may be considered including smaller parcels like a .5 acre free standing restaurant with drive-through, single acre ground lease tenants, and/or a multi-tenant retail building. Owner willing to re-zone to allow office users. Owner will ground lease, build to suit for credit tenants, or consider sales. Please inquire with listing agents with questions or interest. Final pricing is subject to review of the totality of any offer for consideration, including size, location, and use of the land of interest.

We are pleased to present this exciting opportunity to Ground Lease 0.67 acres on Nicholasville Rd - Lexington's main retail corridor.

Zoned B-1, this property is currently laid out as a 15,000 sf building on 0.67 acres but could be re-developed into a Fast-Casual Restaurant, Free-Standing Retail, Office, etc.

Conveniently located at a light on Lexington’s prominent retail corridor (40,235 VPD) this offering has neighboring tenants such as Traditional Bank, Freddy's, Panera Bread, Kroger, Fazoli's, Chick-fil-A, Trader Joe's, Baptist Health Hospital, and many others. This property has incredibly easy access to and from New Circle Rd 0.8 miles to the south. Additionally, award-winning Baptist Health Hospital is 0.8 miles north of this opportunity on Nicholasville Rd, and 1.3 miles from the University of Kentucky.

Highlights:

Redevelopment Ground Lease / BTS available on Nicholasville Road

Currently 15,000 sf building on .67 acres

B-1 Zoning

0.3 miles from Southland Dr | 0.8 miles from New Circle Road | 0.8 miles from Baptist Health Hospital | 1.3 miles from the University of Kentucky

Prime Retail Corridor

Great opportunity to lease an outparcel off New Circle Road.

+/-0.5 acres -common parking agreement with the rest of the center.

Ground lease Opportunity on South Broadway and Pyke Rd. Owner willing to demo building and do a long term ground lease, asking price is $4,500 per month. New Zaxby's restaurant next door and more development is coming, great high traffic location, close to UK.

Outparcels available for sale or ground lease within Lexington’s best new shopping, dining, entertainment and luxury living center. The Summit at Fritz Farm is a finely curated mixed-use upscale destination celebrating the rich heritage of Lexington, KY. Blending 280,000 SF of street-level retail, Class A creative office space, 120-room boutique hotel and 306 luxury apartments, The Summit at Fritz Farm is Lexington's most dynamic destination.

A rare opportunity to lease in a new retail center adjacent to a 1.2M SF regional draw Fayette Mall with over 150 stores on 87 AC, 190,000 SF Plaza at Fayette Mall and a high volume Walmart Supercenter and Lowes Center in desirable south Lexington. Nearby retailers and restaurants include Macy' s, JCPenney, Dillards, Dick' s Sporting Goods, Old Navy, Lowes, Walmart Supercenter, Cinemark 16-screen Theatre, PF Chang' s, Abuelo' s, TGI Fridays, Logan' s Roadhouse, Moe' s, Smashing Tomato, Saul Good and many more. Trade area contains 2,147,714 sf with an occupancy rate over 97%. Outparcel available for lease.

+/-0.5 acre development lot for lease with direct frontage on Clays Mill Road. Situated at the corner of Delzan Place and Clays Mill Road with close proximity to Nicholasville Road, Man O' War Boulevard and downtown. Traffic count of +/-11,957 (114) on Clays Mill Road near the site. $2,950 per month ground lease or build-to-suit.

Prime opportunity with this perfectly-located outlot opportunity in a heavily traveled corridor of Lexington at Winchester Rd. and New Circle Rd. in the Eastland Shopping Center. Traffic count along Winchester is 29,072 and traffic count along New Circle is 39,351 (via DOT) making this a highly-traveled area with tons of exposure. Crossover parking available on site. Prime frontage along Winchester Rd. High visibility in a successful, growing business district.

Ground lease opportunity for front row +/-1.67 AC on Richmond Road in Lexington. Located on the front row of the strong Richmond Rd (23,131 VPD) trade area at the intersection of New Circle Road (42,767 VPD). The center is anchored by Home Depot and Southland Christian Church (regional church with +/- 12,000 member) and quality outlot users including Chic-fil-A, McDonalds, Panda Express, Newk's Eatery and Orangetheory Fitness.

Yes, there is actually land available for development in downtown Lexington near the newly expanded Convention Center, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has Two premiere lots totaling 4.80 Acres available for Ground Lease at outstanding locations. 325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail. 525 De Roode St. (Lot #30) is appx 3.1 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site. This development is planned to have 60+ apartments, a brand new public park, and Community Center, and more. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides!

Property Highlights:

-Curb cuts on High Street and Oliver Lewis Way

-Close proximity to UK, Rupp Arena, Town Branch Distillery

-Rare Development Opportunity in Downtown Lexington

Rarely available land development opportunity along Richmond Rd, one of Lexington’s busiest traffic corridors with an average daily traffic count of over 55,000. The property can be purchased, ground leased, or the Owner would consider a Build-to-Suit. This site is accessible from Richmond Service Road, is just off another major corridor in Old Todds Road, and comes as a level concreted pad with utilities to the site. This site would be great for a variety of development opportunities including Coffee/Breakfast as it sits on the AM side of the Road for inbound traffic toward downtown Lexington. Other possible uses include but are not limited to car service/repair, dry cleaners, and QSR. The property is zoned B-3 (Highway Service Business).