+/-1.1 Acre Lot

1408 W 5th Street London, KY 40741

1408 W 5th Street, London, KY, 40741
1408 W 5th Street, London, KY, 40741
FOR LEASE
Property Type:
Commercial Land Development
Last Verified:
Sep 13, 2018

Highlights

  • Owner Will Build-to-Suit

Description

NAI Isaac is pleased to present +/-1.1 Acres for ground lease. Located on West 5th Street in London near I-75 at Exit 38. Ideal for medical or general office user. Adjacent to Kentucky One Health Medical Plaza. Nearby retailers include Walmart, Tractor Supply, Microtel Inn & Suites, Country Inn Suites, Frisch's, Starbucks and many other hotels, restaurants and retailers.

The city of London is located 90 miles South of Lexington, Kentucky and 70 miles north of Knoxville, Tennessee. London’s southern location is just minutes from Interstate 75, the major North-South corridor in the Eastern United States. This interstate brings prosperity, enterprise, industry and resources to Laurel County, which lines its route. London also benefits from the Daniel Boone Parkway which provides access to Eastern Kentucky.

Lot Size: 1.1 acres

Units for Lease

Lot
Space Available: 47916 SF
Lease Type:

Price Per Sqft/Year: $1.5

Additional URLs

Map of 1408 W 5th Street, London, KY, 40741

Presented by:
Thumb_pic

Request additional information
Icon_cce55ad48a


Icon_cc40e683d1


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.