3220 Nicholasville Road, Lexington, KY
Land for Lease - $1.21 SqFt/Year - 74,923 to 200,376 SqFt Available

Property Info
| CIMLS# | 433117 |
| Location 3220 Nicholasville Road Lexington KY 40503 | |
| Updated | February 16th, 2018 |
| Type | Land |
| Price | $1.21 SqFt/Year |
| Building | 74,923 to 200,376 SqFt |
Property Description
NAI Isaac is pleased to present South Park Shopping Center, a +/-216,235 SF well-located center at the intersection of New Circle and Nicholasville Roads. Anchored by Bed Beth & Beyond, Best Buy, Office Depot, Toys R Us/Babies R Us, Ulta III and Value City Furniture. Close proximity to regional draw +/-1.2 M square foot Fayette Mall, The Summit at Fritz Farm, Lexington Green, The Plaza at Fayette Mall, restaurants, banks, shopping and services. Traffic counts of +/-73,955 on Nicholasville and +/-66,200 on New Circle Roads. Zoned B6-P; allows for a wide range of retail and office uses. Outlot For Lease or Ground Lease (240 Canary Road): +/-1.92 acre outlot in Lexington' s prime retail corridor; great visibility from Nicholasville Road and New Circle Road. Lots For Ground Lease (3220 Nicholasville Road): Up to +/-6.55 acres for ground lease; Will subdivide.
Location Description:
Located in south Lexington just off Nicholasville Road, South Park Shopping Center is just minutes from Interstates 75/64, New Circle Road, Blue Grass Airport & downtown Lexington. This location offers quick and convenient access to the major arteries serving the Lexington region.
Industry continues to steadily grow & prosper in Lexington as the Commonwealth' s 2nd largest metropolitan area. Known for its beautiful horse farms & racetracks, Lexington offers a dynamic commercial marketplace. Lexington has a diverse & broadly based economy which provides an optimistic future for Central Kentucky.
Highlights:
>> Lot #1 at 240 Canary Road: +/-1.75 acre outlot for ground lease in Lexington's prime retail corridor; Building signage available with great visibility from Nicholasville & New Circle Road at $115,000/acre/year ($250,700/year)
>> Lots #2/3 at 3220 Nicholasville Road: Up to +/-6.55 acres for ground lease; Will subdivide
>> Well-located in the South Park Shopping Center at the intersection of New Circle Road and Nicholasville Road
>> Close proximity to Fayette Mall, The Summit at Fritz Farm, Lexington Green, The Plaza at Fayette Mall, banks, restaurants, shopping and services
>> Traffic counts of +/-73,955 on Nicholasville Road and +/-66,200 on New Circle Road
>> Zoned B6-P; allows for a wide range of retail and office uses
Space Available:
There are 3 spaces available. The minimum space available is 74,923.2 SF and the maximum contiguous is 200,376 SF.
Lot #1
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>> 74,923.2
>> $1.21/SF/year (Ground Lease Lease)
Lot #2
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>> 84,942
>> $1.14/SF/year (Ground Lease Lease)
Lot #3
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>> 200,376
>> $1.03/SF/year (Ground Lease Lease)
* Email for additional photos.
