3195 Beaumont Centre Cir - Storefront FOR SALE


Lexington, KY 40513- Beaumont Residential
$14,815,000 USD
502-329-5900
3195 Beaumont Centre Cir, Lexington, KY for Sale
$14,815,000 USD
Storefront - FOR SALE
1/6
null | 7.74% Cap Rate

3195 Beaumont Centre Cir
Lexington, KY 40513
Beaumont Residential


HIGHLIGHTS

  • 100% Occupied Kroger Shadow-Anchored Centers | Diversification of 2 Centers Consisting of 68,182 Square Feet and 9,387 Square Feet | All NNN Leases
  • Located in Beaumont Centre, a 705-Acre Mixed-Use Development Including Upscale Residential, Retail, and Professional Office Space
  • D-1 College Town | Site is 4 Miles from Downtown Lexington and University of Kentucky (35,592 Students) | 3 Miles to Lexington Blue Grass Airport

OVERVIEW

?? 100% Occupied Kroger Shadow-Anchored Centers | Diversification of 2 Centers Consisting of 68,182 Square Feet and 9,387 Square Feet | All NNN Leases | One-Mile Average HH Income is $135,248 ?? Centrally Located as the Centerpiece of a 705-Acre Mixed-Use Development Called Beaumont Centre | Beaumont Centre Includes Approximately 1,100 Upscale Homes, 500 Apartments and 128 Townhomes | The Commercial Development Includes 600K Square Feet of Professional Office and 350K Square Feet of Retail Space ?? Four Miles to Downtown Lexington, Three Miles to Lexington Blue Grass Airport, Four Miles to Keeneland | Beaumont Centre is the Closest Hotel Corridor Near the Lexington Blue Grass Airport with Six Hotels ?? College Town: Home to the D-1, University of Kentucky (35,592 Annual Enrollment) | UK Generates a Reported $925 Million in Economic Activity to the Lexington Metro. Transylvania University (1,100 Students) is One of the Oldest Universities in America and was Ranked #5 Most Beautiful Campus in the US in 2023 ?? Less than Four Miles from Keeneland (Considered the #1 Thoroughbred Horse Racing Track in North America) | Keeneland is Also the World’s Largest and Most Prominent Thoroughbred Auction Company | Keeneland Generates an Estimated $1.6B in Economic Impact to the Lexington Metro ?? Lexington, KY Metro is Home to Multiple World Headquarters for International Companies: These Include Lexmark International, Tempur Sealy International, Valvoline, Inc, Alltech, Inc, and A&W Restaurants ??? Recent Capital Improvements: New Roof on Corpay in 2021 (20 Year Warranty), Restriped Parking Lot in 2025 ?? Main Tenant: Corpay, Inc. – (NYSE: CPAY) - $4 Billion in 2024 Revenue | 11,200 Employees | 28 Offices Across 14 Countries | Excellent Track Record of Growth – 17% CAGR | This Site Represents the Lowest Rent/SF That Corpay Pays for Their Locations City Highlights for Lexington: #3 Safest City in America Safewise #3 Best City to Raise a Family Zumper.com #3 Best City With the Highest Salaries and Lowest Cost of Living GoBankingRates.com #6 Best City for New College Grads Smart Asset A Top 10 Best Big City to Live In Money Magazine #10 Best City Work-Life Balance Smart Asset #11 Best City for First-Time Homebuyers Smart Asset Top 50 Foodie Towns in the United States The Daily Meal 41% of the Population has a Bachelor’s Degree or Higher U.S. Census Bureau

FOR SALE DETAILS

PRICE

$14,815,000 USD

PRICE/SF

$1,677 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

B-1

APN/PARCEL ID

38278910

ASK ABOUT THIS PROPERTY

Darby MolloyMarcus & MillichapMore Info
502-329-5900

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Darby MolloyMarcus & MillichapMore Info
502-329-5900

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