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Patchen Village Shopping Center 153-154 Patchen Dr 700 - 3,800 SF of Space Available in Lexington, KY 40517
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 72 | 700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 90 | 3,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
153-154 Patchen Dr - 1st Floor - Ste 72
153-154 Patchen Dr - 2nd Floor - Ste 90
Second floor office and retail space available with ramp access.
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.
SELECT TENANTS AT PATCHEN VILLAGE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Waffle House Inc.
- -
- -
- -
- Walgreens
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Waffle House Inc. | - | - | - |
| Walgreens | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 3,800 SF | Frontage | 600’ on Patchen Dr |
| Center Type | Neighborhood Center | Gross Leasable Area | 75,000 SF |
| Parking | 150 Spaces | Total Land Area | 4.82 AC |
| Center Properties | 1 |
| Total Space Available | 3,800 SF |
| Center Type | Neighborhood Center |
| Parking | 150 Spaces |
| Center Properties | 1 |
| Frontage | 600’ on Patchen Dr |
| Gross Leasable Area | 75,000 SF |
| Total Land Area | 4.82 AC |
ABOUT THE PROPERTY
Patchen Village is a very well known mixed use development and ideally located office/retail center. Convenient location on Richmond Road in close vicinity to New Circle Road. Property Features: - Located on Richmond Road in a densely populated neighborhood surrounded by many restaurants and retail venues. - Competitive rents with exposure to more than 53,023 cars a day. - Active Tenants include: Walgreens, Lynagh' s Shamrock, Patchen Pub Bar & Grille, Waffle House, Hair salons, Boutiques, Insurance Companies, Express Personnel Services, and much more. Area Information: High traffic area close to banks, restaurants, hotels and minutes from downtown, interstate and other major intersections of town. Densely populated neighborhood supports many service related businesses and convenient office location with exposure to 53,023 cars per day.
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Patchen Village Shopping Center | 153-154 Patchen Dr
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