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2290 Nicholasville Road - Walgreens, Lexington, KY

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2290 Nicholasville Road - Walgreens

Lexington, KY 40503 - East Lexington/Fayette Submarket

(1.4 MB)

Property Type:Retail Sub Type:Drug Store Status:Existing Year Built:2006
Building Size:14,504 SF Land Area:1.34 AC (58,370 SF)
For Sale Price:$7,450,000 Price/SF:$513.65
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 5.52/1,000 SF
Features:Pylon Sign, Drive Thru

Sale Notes:
The 14,504 square foot Walgreens was built in 2006 and benefits from its location within the primary retail trade area. Walgreens' original lease term is for twenty-five (25) years. Walgreens is a publicly traded company on the New York Stock exchange (WBA), with a market capitalization of $88.09 billion. Walgreens Boots Alliance was created through the combination of Walgreens and Alliance Boots in December 2014. This transaction brought together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted healthcare services through pharmaceutical
wholesaling and community pharmacy care, dating back more than 100 years.

The property is located at the corner of Lowry Lane and Nicholasville Road. This intersection has traffic counts in excess of 43,900 vehicles per day and benefits from a traffic signal, creating steady traffic flow. Nearby retailers include Kroger, Trader Joe' s, Kmart, Panera, O' Charley' s, Sun Tan City, PetSmart and more.

NAI Isaac
Chad Voelkert
(859) 422-4408 x119

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