+/-1.28 AC Ground Lease Opportunity

234 E New Circle Road Lexington, KY 40505

Property Type:
Big Box Retail
Last Verified:
Jan 14, 2020


  • +/-1.28 AC for ground lease with high daily traffic volume of +/-39,243 VPD
  • 3 mile population of 86,282
  • Lot dimensions of +/-162' x +/-346'
  • Rare New Circle Road frontage - Lexington's primary ring road
  • Zoned B-3, Highway Service Business - desirable and flexible zoning
  • Superior access - 2 curb cuts from New Circle Road; Access to the signalized intersection of Bryan Station Road and New Circle Road via cross access through Walgreen's property
  • Ground Lease Rate: $75,000 per year ($58,593/acre/year) REDUCED!


NAI Isaac is pleased to present a ground lease opportunity in Lexington, Kentucky. The property consists of +/-1.28 AC in northeast Lexington with an average daily traffic count of +/-39,243 VPD on New Circle Road in front of the site. The has superior frontage with two curb cuts on New Circle Road with additional access to the signalized intersection of Bryan Station Road and New Circle Road via cross access through Walgreen's property.

Located in northeast Lexington on East New Circle Road near Bryan Avenue.

Building Size: 1483.0sq ft
Lot Size: 1.28 acres

Units for Lease

Space Available: 55756 SF
Lease Type:

Price Per Sqft/Year: $1.35

Map of 234 E New Circle Road, Lexington, KY, 40505

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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."

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