B-3 Lot with 1,305 SF Improvement FOR LEASE

1205 Winchester Road Lexington, KY 40505

1205 Winchester Road, Lexington, KY, 40505
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FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Feb 23, 2024

Highlights

  • 0.4 Acres
  • 1305 SF Improvement
  • The office portion of the building can easily be converted back into a garage
  • Right around the corner from Lexington's newest developments
  • $5,750 per month NNN
  • Signalized Hard Corner
  • VPD: 29,702!

Description

SVN Stone Commercial Real Estate is pleased to present this rare opportunity to lease a .4 acre parcel with 1,305 SF of retail space just inside of bustling New Circle Road. In a prime location along Winchester Rd, this property is tucked in next to a strong retail presence in one of Lexington's busiest corridors, minutes from New Circle Rd and I-64/I-75. The B-3 zoning allows for a multitude of potential uses, and we look forward to hearing about your ideas today!

For additional information please contact Justin Ryder at justin.ryder@svn.com // 859-447-3285.

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.


Year Built: 1958
Building Size: 1305sq ft
Lot Size: 0.4 acres


Documents

Brochure - 1205 Winchester.pdf

Units for Lease

B-3 Lot with 1,305 SF Improvement FOR LEASE
Space Available: 1305 SF
Lease Type: NNN

Price Per Sqft/Month: $5750.00

Map of 1205 Winchester Road, Lexington, KY, 40505

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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.