1701 Alexandria Dr | Lexington, KY 40504
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- LoopNet Team
1701 Alexandria Dr
Lexington, KY 40504
Gardenside Plaza Shopping Center · Retail Property For Sale
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)
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
84,459 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
3 Exterior
Building FAR
0.24
Lot Size
7.96 AC
Zoning
B-1 - Neighborhood Business
Parking
22 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
791’ on Alexandria Dr
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 15053300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,935,600 |
Property Taxes
Parcel Number
15053300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,935,600
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