2350 Woodhill Drive, Lexington, KY
Shopping Center for Sale - $3,750,000 - 87,209 Sq. Ft. on 5.9 acres
Property Info
| CIMLS# | 722604 |
| Location 2350 Woodhill Drive Lexington KY 40509 | |
| Updated | April 10th, 2016 |
| Type | Shopping Center |
| Price | $3,750,000 |
| Building | 87,209 Sq. Ft. |
| Land | 5.9 acres |
Property Description
SVN Stone Commercial Real Estate is pleased to offer what is currently 87,209 sf with outlots and in-place income on 5.9+/- acres prime for redevelopment available on the corner of New Circle Road right next to the newly renovated Woodhill Circle Plaza, 300 at the Circle Apartments, and across from Home Depot, Advanced Auto and Southland Christian Church (former Lexington Mall) in Lexington, KY. Property is available for $3,750,000 which is just $43.00 psf. Current buildings on site total 87,209 sf including large inline retail plus three additional outlot buildings. Property is zoned B-3 and has tremendous traffic count of 52,753 vehicles passing by each day! Center is located next to Thornton's gas station on the hard corner at the lighted intersection. Financials available with signed confidentiality agreement. Building is also available for lease.
Contact John Bronaugh or Matt Stone at 859-264-0888 for more information about this great retail space!
Location Description:
The Bluegrass has been rated as one of America's premier regions by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.
Highlights:
>> Great 5.9+/- acre B-3 Zoned redevelopment opportunity available on New Circle Road
>> Property is available for $3,750,000 which is just $43.00 psf.
>> 52,753 daily traffic count
>> Building currently has cash flow in place.
>> Area has had great recent redevelopment including apartment complex, retailers and mall transformed to new church facility.
* Email for additional photos
Financials
Sales Info:
>> Commision split: 3.0%