236-272 Redwing Rd - Freestanding FOR SALE


Winchester, KY 40391
$2,990,000 USD
859-224-2000
236-272 Redwing Rd, Winchester, KY for Sale
$2,990,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

236-272 Redwing Rd
Winchester, KY 40391


HIGHLIGHTS

  • 17,400 SF retail center on 2.3 AC.
  • Fully leased NNN multi-tenant center located within the Lexington MSA.
  • Kroger shadow-anchored center providing consistent center-wide traffic.
  • Winchester is +/- 20 miles east of Lexington via I-64 .

OVERVIEW

100% occupied across a diversified, service oriented 8-tenant mix (medical, wellness, financial services, retail, etc.). All leases (except one) are based on a true NNN structure with minimal landlord responsibilities and predictable Net Income. The property provides a blended lease profile that offers both durability and upside through existing renewal options and rental rate increases. Located in the heart of Winchester’s retail corridor surrounded by retailers such as: Kroger, Bealls, Hibbett Sports, Lowe’s, Rural King, Planet Fitness, and more. Brochure is only available with signed CA.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Colby Ridge Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

HIGHWAY BU

APN/PARCEL ID

043-1010-01002

ASK ABOUT THIS PROPERTY

Zach SmithNAI IsaacMore Info
859-224-2000

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Zach SmithNAI IsaacMore Info
859-224-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.