High Traffic Corner at Signalized Intersection - For Sale

1009 Georgetown Rd Lexington, KY 40511

1009 Georgetown Rd, Lexington, KY, 40511
1009 Georgetown Rd, Lexington, KY, 40511
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$750,000
Last Verified:
Oct 20, 2020

Highlights


Description

SVN Stone Commercial Real Estate is pleased to present this 0.78-acre B-3 zoned lot at a signalized corner (current use is operational Marathon Gas Station and C-Store) available for purchase on a major Lexington thoroughfare (Georgetown Rd, 29,917 VPD; Mercer Rd, 9,224 VPD). Perfect for a high traffic volume business, and primed for future development, the property sits in the heart of the growing Mercer Rd industrial corridor with a plethora of stable jobs nearby.

For additional information please contact Justin Ryder at justin.ryder@svn.com // 859-447-3285, Steve Pulliam at steve.pulliam@svn.com // 859-264-0888, or John Hilliard john.hilliard@svn.com // 859-264-0888.

SVN Stone Commercial Real Estate is pleased to present this 0.78-acre B-3 zoned lot at a signalized corner (current use is operational Marathon Gas Station and C-Store) available for ground lease on a major Lexington thoroughfare (Georgetown Rd, 29,917 VPD; Mercer Rd, 9,224 VPD). Perfect for a high traffic volume business, and primed for future development, the property sits in the heart of the growing Mercer Rd industrial corridor with a plethora of stable jobs nearby.

For additional information please contact Justin Ryder at justin.ryder@svn.com // 859-447-3285, Steve Pulliam at steve.pulliam@svn.com // 859-264-0888, or John Hilliard john.hilliard@svn.com // 859-264-0888.

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: 1973
Building Size: 1876.0sq ft
Lot Size: 0.78 acres

Units for Lease

1009 Georgetown Rd
Space Available: 1876 SF
Lease Type:

Price Per Sqft/Year: $41.58

Map of 1009 Georgetown Rd, Lexington, KY, 40511

Presented by:

Request additional information






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.