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Malabu Heights Plaza 2348-2358 Nicholasville Rd 1,600 - 3,200 SF of Medical Space Available in Lexington, KY 40503
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 156/160 | 1,600-3,200 SF | Negotiable | $22.25 /SF/YR $1.85 /SF/MO $71,200 /YR $5,933 /MO | Triple Net (NNN) |
2358 Nicholasville Rd - 1st Floor - Ste 156/160
$22.25-$24.25/SF/Year
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Dental Office Space
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
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 MALABU HEIGHTS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bank of America, National Association
- Bank
- 6,623
- International
- H&R Block
- -
- -
- -
- Milan Laser Lexington, LLC
- Salon/Barber/Spa
- 361
- National
- Nothing Bundt Cakes
- -
- -
- -
- Spa Nails
- -
- -
- -
- Verizon
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bank of America, National Association | Bank | 6,623 | International |
| H&R Block | - | - | - |
| Milan Laser Lexington, LLC | Salon/Barber/Spa | 361 | National |
| Nothing Bundt Cakes | - | - | - |
| Spa Nails | - | - | - |
| Verizon | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,200 SF | Frontage | 221’ on Nicholasville Rd |
| Min. Divisible | 1,600 SF | Gross Leasable Area | 28,792 SF |
| Center Type | Strip Center | Total Land Area | 2.62 AC |
| Parking | 190 Spaces | Year Built | 2006 |
| Center Properties | 2 |
| Total Space Available | 3,200 SF |
| Min. Divisible | 1,600 SF |
| Center Type | Strip Center |
| Parking | 190 Spaces |
| Center Properties | 2 |
| Frontage | 221’ on Nicholasville Rd |
| Gross Leasable Area | 28,792 SF |
| Total Land Area | 2.62 AC |
| Year Built | 2006 |
ABOUT THE PROPERTY
Malabu Heights Plaza, located on Nicholasville Road, is at the center Lexington' s premier retail corridor. The property boasts high traffic counts and excellent visibility. It is perfect for retail, showroom, or office type users. Malabu Heights Plaza is located on Nicholasville Road surrounded by high-end retail including Trader Joes, Verizon, Lasik Plus, and many others. Inside New Circle Road, the property is convenient to the University of Kentucky, hospitals, and hotels. It is supported by strong office, commercial, and residential volume in the immediate and surrounding areas.
NEARBY MAJOR RETAILERS
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Malabu Heights Plaza | 2348-2358 Nicholasville Rd
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