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Gardenside Plaza Shopping Center 1701 Alexandria Dr 84,459 SF 100% Leased Retail Building Lexington, KY 40504 $6,500,000 ($76.96/SF) 8.06% Cap Rate
INVESTMENT HIGHLIGHTS
- First Time on Market!
- Strong 8.06% cap rate with below market rents.
- Stable 100% Occupancy with National Credit Tenants (Dollar General, USPS, Oak St. Health, Chase Bank)
- Strategically located neighborhood shopping center with over 10,000 households in a 1.5 mile radius (Avg. HHI: $88,295)
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Finance and Insurance
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99,999 SF
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Chase Bank, officially JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., the largest bank in the United States by assets. Its origins trace back to The Manhattan Company, founded in 1799, and Chase National Bank, established in 1877. The two merged in 1955 to form Chase Manhattan Bank, which later combined with J.P. Morgan & Co. in 2000 to create JPMorgan Chase & Co. Today, Chase provides a wide range of financial services, including retail banking, credit cards, mortgages, auto loans, and business banking. Headquartered at 270 Park Avenue in New York City, JPMorgan Chase operates globally and trades publicly on the NYSE under the ticker symbol JPM. The company employs over 317,000 people and manages assets exceeding $4 trillion. [en.wikipedia.org], [en.wikipedia.org], [bing.com]
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- Retailer
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99,999 SF
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DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
- Oak Street Health
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99,999 SF
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- USPS
- Transportation and Warehousing
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99,999 SF
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
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Finance and Insurance | 99,999 SF | - | - | ||
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Retailer | 99,999 SF | - | - | ||
| Oak Street Health | - | 99,999 SF | - | - | ||
| USPS | Transportation and Warehousing | 99,999 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15053300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,935,600 |
PROPERTY TAXES
CONTACTS
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Weston Lockhart -
Nathan Dilly -
Matt Stone, CCIM, SIOR, MBA -
SVN | Stone Commercial Real Estate
Presented by
Gardenside Plaza Shopping Center | 1701 Alexandria Dr
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