196 E New Circle Rd

Industrial: Warehouse/Distribution

196 E New Circle Rd, LexingtonKY 40505

Property Details

Location

Address
196 E New Circle Rd, LexingtonKY 40505
County
Fayette
Submarket
Parcels
45383300

Building Size

Building Size
Rentable Space
21,371 SF

Building Details

Type
 Industrial: Warehouse/Distribution
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
1959
Sprinklers
Total Parking
22
Parking Ratio

Industrial Details

Dock High Doors
2
Grade Level Doors
2
Cross Dock Doors
Ceiling Height
Rail Doors
Yard
Electrical
Industrial Space

Land & Utilities

Land (Acres)
0.8 Acres
Land (SF)
34,848 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
B-3
Lot Depth
Lot Width

Contacts

Current Listings

196 E. New Circle Road

21,371 SF$1,095,000
Block & Lot Real Estate

196 E. New Circle Road is a unique opportunity to purchase or lease a building that could be used as either retail or flex/industrial. The building is a total of 21,371 SF on 0.8 acres with the highly desirable and flexible B-3 (Highway Service Business) zoning. Of the 21,371 SF, 9,668 SF is currently configured as showroom/office, and the balance 11,703 SF is warehouse space. Originally constructed in 1959 with multiple expansions and renovations thereafter, the building is concrete block with a brick façade and a pitched shingle roof. The warehouse areas have 11-14’ clear height, fluorescent lighting, two docks with one having an edge of dock leveler, and one drive in door. There are 22 parking spaces on site with additional parking available at the adjacent shopping center. The showroom/office is fully climate controlled and the warehouse areas are partially climate controlled. The purchaser and or tenant will enjoy highly visible building signage and existing pole signage as an excellent branding opportunity.

Property Highlights:

-Priced Well Below Replacement Cost

-Building and Pole Signage

-38,129 Avg. Cars/Day

-Docks and Drive-in

-Flex/Industrial or Retail

-Outstanding Visibility

Block & Lot Real Estate

196 E. New Circle Road is a unique opportunity to purchase or lease a building that could be used as either retail or flex/industrial. The building is a total of 21,371 SF on 0.8 acres with the highly desirable and flexible B-3 (Highway Service Business) zoning. Of the 21,371 SF, 9,668 SF is currently configured as showroom/office, and the balance 11,703 SF is warehouse space. Originally constructed in 1959 with multiple expansions and renovations thereafter, the building is concrete block with a brick façade and a pitched shingle roof. The warehouse areas have 11-14’ clear height, fluorescent lighting, two docks with one having an edge of dock leveler, and one drive in door. There are 22 parking spaces on site with additional parking available at the adjacent shopping center. The showroom/office is fully climate controlled and the warehouse areas are partially climate controlled. The purchaser and or tenant will enjoy highly visible building signage and existing pole signage as an excellent branding opportunity.

Property Highlights:

-Priced Well Below Replacement Cost

-Building and Pole Signage

-38,129 Avg. Cars/Day

-Docks and Drive-in

-Flex/Industrial or Retail

-Outstanding Visibility

View Details
View Details

196 E. New Circle Road

21,371 SF $6.00 Annual/SF
Block & Lot Real Estate

196 E. New Circle Road is a unique opportunity to purchase or lease a building that could be used as either retail or flex/industrial. The building is a total of 21,371 SF on 0.8 acres with the highly desirable and flexible B-3 (Highway Service Business) zoning. Of the 21,371 SF, 9,668 SF is currently configured as showroom/office, and the balance 11,703 SF is warehouse space. Originally constructed in 1959 with multiple expansions and renovations thereafter, the building is concrete block with a brick façade and a pitched shingle roof. The warehouse areas have 11-14’ clear height, fluorescent lighting, two docks with one having an edge of dock leveler, and one drive in door. There are 22 parking spaces on site with additional parking available at the adjacent shopping center. The showroom/office is fully climate controlled and the warehouse areas are partially climate controlled. The purchaser and or tenant will enjoy highly visible building signage and existing pole signage as an excellent branding opportunity.

Property Highlights:

-Priced Well Below Replacement Cost

-Building and Pole Signage

-38,129 Avg. Cars/Day

-Docks and Drive-in

-Flex/Industrial or Retail

-Outstanding Visibility

Block & Lot Real Estate

196 E. New Circle Road is a unique opportunity to purchase or lease a building that could be used as either retail or flex/industrial. The building is a total of 21,371 SF on 0.8 acres with the highly desirable and flexible B-3 (Highway Service Business) zoning. Of the 21,371 SF, 9,668 SF is currently configured as showroom/office, and the balance 11,703 SF is warehouse space. Originally constructed in 1959 with multiple expansions and renovations thereafter, the building is concrete block with a brick façade and a pitched shingle roof. The warehouse areas have 11-14’ clear height, fluorescent lighting, two docks with one having an edge of dock leveler, and one drive in door. There are 22 parking spaces on site with additional parking available at the adjacent shopping center. The showroom/office is fully climate controlled and the warehouse areas are partially climate controlled. The purchaser and or tenant will enjoy highly visible building signage and existing pole signage as an excellent branding opportunity.

Property Highlights:

-Priced Well Below Replacement Cost

-Building and Pole Signage

-38,129 Avg. Cars/Day

-Docks and Drive-in

-Flex/Industrial or Retail

-Outstanding Visibility

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

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