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2397 Richmond Road - Lexington Mall - Home Depot Out Lot, Lexington, KY

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2397 Richmond Road - Lexington Mall - Home Depot Out Lot

Lexington, KY 40502 - East Lexington/Fayette Submarket

Property Type:Land Parcel Size:1.9 Acres
For Sale Price:$900,000 Price/Acre:$473,684 Price/SF:$10.87

Proposed Use:Retail

On-Site Improv:Finished lot

Up to +/-1.9 acres situated at Richmond Road & New Circle Road for sale. Sale Price: $900,000, may divide. Area tenants include Home Depot, Applebee's, Chick-Fil-A, McDonald's, Central Bank and Southland Christian Church Richmond Road Campus.

The site is located near the intersection of New Circle and Richmond Roads on the southeast side of Lexington. The traffic count on New Circle Road adjacent the site is +/-64,300 AADT ( 14). The site also enjoys the added attribute of strong demographics.

Sale Notes:

Richmond Road & New Circle Road

1 acre (Up to 10,000 sf retail building); Up to 2 acres may be available

$450,000 per acre

$45,000 per year per acre NNN ground lease

Home Depot, Applebee’s, Perkin’s Restaurant, Central Bank and
future Southland Christian Church Campus

B­6P (Planned Shopping Center)

44,575 ADT (‘10) on Richmond Road
59,191 ADT (‘10) on New Circle Road

NAI Isaac
Bruce R Isaac
(859) 224-2000 x124

Jim Kemper
(859) 422-4407 x109

Corporate Property Dispositions
Keith Valentine
(678) 718-1880 x107

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