118 E New Circle Rd | Lexington, KY 40505
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- LoopNet Team
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
| Parcel Number | 15362300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,625,000 |
PROPERTY TAXES
Parcel Number
15362300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,625,000
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