Golden Corral Redevelopment Opportunity

1006 Amberly Way Richmond, KY 40475

1006 Amberly Way, Richmond, KY, 40475
1006 Amberly Way, Richmond, KY, 40475
FOR SALE FOR LEASE
Property Type:
Free Standing Building
Last Verified:
Feb 08, 2021

Highlights


Description

SVN Stone Commercial Real Estate is pleased to present this 8,032 sf building on a very large plot of 1.73 acres. This opportunity would be perfect for redevelopment into a multi-tenant building with a drive thru AND there is an added opportunity to add a 2,400 sf building with a drive-thru. Being off of I-75 & across from the massively popular Richmond Centre, the users surrounding this parcel (Starbucks, Panda Express, Steak 'n Shake, Burger King, & Texas Roadhouse) provide a TON of residual traffic for the site.

For additional information please contact Neal Metcalfe at 859.312.8069 // neal.metcalfe@svn.com or Weston Lockhart at 859.317.3538 // weston.lockhart@svn.com

SVN Stone Commercial Real Estate is pleased to present this 8,032 sf building on a very large plot of 1.73 acres FOR LEASE. This opportunity would be perfect for redevelopment into a multi-tenant building with a drive thru AND there is an added opportunity to add a 2,400 sf building with a drive-thru. Being off of I-75 & across from the massively popular Richmond Centre, the users surrounding this parcel (Starbucks, Panda Express, Steak 'n Shake, Burger King, & Texas Roadhouse) provide a TON of residual traffic for the site.

For additional information please contact Neal Metcalfe at 859.312.8069 // neal.metcalfe@svn.com or Weston Lockhart at 859.317.3538 // weston.lockhart@svn.com

Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

Building Size: 8032sq ft
Lot Size: 1.73 acres

Units for Lease

1006 Amberly Way
Space Available: 70131 SF
Lease Type: NNN

Map of 1006 Amberly Way, Richmond, KY, 40475

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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.