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Washington Square 1002 Lexington Rd 1,000 - 20,000 SF of Retail Space Available in Georgetown, KY 40324
HIGHLIGHTS
- Lexington Clinic Coming Soon
- 8,000 SF and 12,000 SF
- Great Retail Frontage
- Strong medical and healthcare-oriented tenant mix
- Spaces can be combined for 20,000 SF
- Key tenants include Lexington Clinic, KY Bariatric, Georgetown Hospital, Brite Beginnings
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 8,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $120,000 /YR $10,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 1,000-12,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $180,000 /YR $15,000 /MO | Triple Net (NNN) |
1002 Lexington Rd - 1st Floor - Ste 10
Former Napa Auto Parts
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1002 Lexington Rd - 1st Floor - Ste 8
Former Golden Thumb Massage
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 20,000 SF | Center Properties | 3 |
| Min. Divisible | 1,000 SF | Frontage | 807’ on Lexington Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 124,526 SF |
| Parking | 870 Spaces | Total Land Area | 13.93 AC |
| Stores | 25 | Year Built | 1972 |
| Total Space Available | 20,000 SF |
| Min. Divisible | 1,000 SF |
| Center Type | Neighborhood Center |
| Parking | 870 Spaces |
| Stores | 25 |
| Center Properties | 3 |
| Frontage | 807’ on Lexington Rd |
| Gross Leasable Area | 124,526 SF |
| Total Land Area | 13.93 AC |
| Year Built | 1972 |
ABOUT THE PROPERTY
SVN Stone Commercial Real Estate is pleased to offer two spaces for lease at Washington Square, a well-established center in Georgetown that is increasingly anchored by medical and healthcare-oriented users. Available spaces include 12,000 SF and 8,000 SF, with the ability to combine for up to 20,000 SF, making the property well suited for medical, wellness, therapy, or service-based practices. Washington Square has served the community for over 30 years and features a strong tenant mix that includes Georgetown Community Hospital, Kentucky Bariatric, Brite Beginnings, and a Lexington Clinic location coming soon, providing built-in patient traffic and synergy alongside complementary retail and service uses. The center totals 91,199 SF on 6.544 acres and is located along South Broadway (US Route 25 / Lexington Road) with a signalized entrance and exposure to 16,000+ vehicles per day, along with convenient access to I-75 and I-64. For more information please contact Nathan Dilly at nathan.dilly@svn.com // 859 420.5492 or Weston Lockhart at weston.lockhart@svn.com // 859.317.3538.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
NEARBY MAJOR RETAILERS
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Washington Square | 1002 Lexington Rd
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