435 E New Circle Rd - Specialty FOR SALE


Lexington, KY 40505- Bryan Station
$1,370,000 USD
859-619-4969
435 E New Circle Rd, Lexington, KY for Sale
$1,370,000 USD
Specialty - FOR SALE
1/21
null | Request Cap Rate

435 E New Circle Rd
Lexington, KY 40505
Bryan Station


HIGHLIGHTS

  • Purpose-built for auto sales
  • Strong daily traffic
  • Convenient access, and an established location on popular Lexington Rd

OVERVIEW

Opportunity to own the real estate and business at 435-445 E New Circle Road in Lexington, Kentucky, a turnkey luxury auto sales property located along the most heavily traveled road in Lexington. The offering includes two parcels totaling 0.652 acres, a newly constructed 2,400 SF office/showroom, and the Paradise Motors auto sales business, which has successfully operated at this location for 23 years. After more than two decades of building a strong and reputable business, the owner is transitioning ownership to pursue other opportunities. Due to zoning and regulatory restrictions, new auto dealership licenses are not being issued, creating a rare opportunity to acquire an established dealership location with an existing customer base. The property benefits from 18,398 VPD, high visibility along E New Circle Road, strong traffic counts, and excellent accessibility, and includes all existing furniture, fixtures, and equipment. Paradise Motors maintains a strong reputation with 4.6 stars and 300 Google reviews, a 4.9 KBB.com Dealer Rating, and an A+ BBB rating, reflecting more than two decades of successful operation.

FOR SALE DETAILS

PRICE

$1,370,000 USD

PRICE/SF

$571 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

435-445 E New Circle Road, Lexington, KY 4050

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

23902700,23903001

ASK ABOUT THIS PROPERTY

Bryan LittleKeller Williams Greater LexingtonMore Info
859-619-4969

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Bryan LittleKeller Williams Greater LexingtonMore Info
859-619-4969

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