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1029 Lexington Rd
Georgetown, KY 40324
Caliber Collision · Retail Property For Sale
Investment Highlights
- New 15-year NNN lease beginning 8/1/2020 (estimated start date)
- Two 5-year renewal options
- Strong barriers to entry
- 10% rent bumps every 5 years hedge against inflation
- The site has been operating as a Fortune Auto body, which has now been acquired by Caliber Collision
- E-commerce resistant product offering long term, peace of mind passive investment opportunity
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,554 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.65 AC
Zoning
CM
Parking
20 Spaces (1.89 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 168-10-322.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,264,300 |
Property Taxes
Parcel Number
168-10-322.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,264,300
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