Northland Shopping Center
208 Legends Lane
Lexington, KY 40505
https://thebrokerlist.com/have/northland-shopping-center-86279
FOR LEASE
Property Type:
Neighborhood Center
Last Verified:
Feb 18, 2020
Description
NAI Isaac is pleased to present leasing opportunities in Northland Shopping Center, a +/-70,217 sf neighborhood center anchored by a high volume Save-A-Lot Grocery and Dollar General. Adjacent to the Whitaker Bank Ballpark. The Whitaker Bank Ballpark seats 9,000 fans and a max of 15,000 for events; home to Single A Minor League Baseball' s Lexington Legends. Located at Legends Lane and North Broadway with an average daily traffic count of +/-15,424 ('16) near the site. Ample parking. One month FREE rent for every year of initial lease term (example: 5 year lease = 5 months FREE)!
Northland Shopping Center is less than 1 mile to downtown Lexington and has easy access to New Circle Road and Interstates I-75/64. Presently, 10,500 employees are working in Lexington's Central Business District.
Building Size: 70217.0sq ft
Lot Size: 0.0 acres
Units for Lease
Suite 101
Space Available: 2168 SF
Lease Type: NNN
Price Per Sqft/Year: $15.0
Suite 125
Space Available: 2788 SF
Lease Type: NNN
Price Per Sqft/Year: $8.0
Suite 145
Space Available: 4000 SF
Lease Type: NNN
Price Per Sqft/Year: $10.5
Suite 160
Space Available: 8928 SF
Lease Type: NNN
Price Per Sqft/Year: $9.0
Map of 208 Legends Lane, Lexington, KY, 40505
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.
