435 E New Circle Rd - Specialty FOR SALE


Lexington, KY 40505- Bryan Station
$1,360,000 USD
859-619-4969
435 E New Circle Rd, Lexington, KY for Sale
$1,360,000 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/lease the real estate and business at 435-445 E New Circle Road in Lexington, Kentucky, a turnkey luxury auto sales property located along Lexington's most heavily traveled road. The offering includes two parcels totaling 0.652 acres, a newly constructed 2,400 SF office/showroom, and the Paradise Motorsports 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. 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. 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. Paradise Motorsports 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. 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

$1,360,000 USD

PRICE/SF

$567 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.