Retail

1500 Newtown Pike


1500 Newtown Pike
LexingtonKY 40511

1500 Newtown Pike

Retail: Freestanding

1500 Newtown Pike, LexingtonKY 40511

Details

Total Size
8,500 SF
Rentable Space
7,000 SF
Land
0.27 Acre
Zoning
B-1
Building Status
Existing
Number of Buildings
1
Year Built
1989
Year Renovated
1992
Number of Floors
1
Total Parking
100
Occupancy Type
Single Tenant
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Fayette

Current Listings

Happy Dragon

7,000 SF$899,000

50,000 + Cars per day traffic count on Newtown Pike.

Hotels in the area include: Marriott Griffin Gate Resort - Fairfield Inn Suites - Four Points by Sheraton Hotel - Clarion Hotel - La Quinta Inn- Embassy Suites.

This property has excellent visibility and exposure located on Newtown Pike along with ample parking for patrons.

The restaurant is adjacent to the Marriott' s Griffin Gate Resort and directly across Newtown Pike from the University of Kentucky professional office and research park, the Coldstream Research Campus.

The owner will service a large daytime business population, as well as an upscale residential community. The property has convenient access to Interstates 75 / 64.

This property was had two appraisals done, one for $1,700,000 and one for $1,600,000 in 2014.

The owners are ready to retire and are offering the property at $1,049,000.

50,000 + Cars per day traffic count on Newtown Pike.

Hotels in the area include: Marriott Griffin Gate Resort - Fairfield Inn Suites - Four Points by Sheraton Hotel - Clarion Hotel - La Quinta Inn- Embassy Suites.

This property has excellent visibility and exposure located on Newtown Pike along with ample parking for patrons.

The restaurant is adjacent to the Marriott' s Griffin Gate Resort and directly across Newtown Pike from the University of Kentucky professional office and research park, the Coldstream Research Campus.

The owner will service a large daytime business population, as well as an upscale residential community. The property has convenient access to Interstates 75 / 64.

This property was had two appraisals done, one for $1,700,000 and one for $1,600,000 in 2014.

The owners are ready to retire and are offering the property at $1,049,000.

View Details
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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

More Information

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