This Retail Property is no longer advertised on LoopNet.com.

118 E New Circle Rd
Lexington, KY 40505
CVS | 15+ Years | Absolute NNN Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Ground Lease | No Landlord Responsibilities
  • Low Velocity Submarket | Close Proximity to University of Kentucky (30,000 students) and Downtown Lexington, Kentucky
  • Hard Corner Signalized Intersection With Over 50,000 Vehicles Passing By The Site Daily
  • Surrounded By A Mix Of Nationally Recognized Retailers: Walmart, Panda Express, Taco Bell, McDonald’s, Goodwill and more
  • Rare 5% Rental Bumps In Each Option Period & No Rent Holiday
  • Dense Infill Location, With Large 1.85-acre Parcel

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.86 AC
Frontage
148’ on New Circle Rd

AMENITIES

  • Pylon Sign

PROPERTY TAXES

  • Listing ID: 23840135

  • Date on Market: 8/4/2021

  • Last Updated:

  • Address: 118 E New Circle Rd, Lexington, KY 40505