Southland Drive New Retail

119 - 125 Southland Drive Lexington, KY 40503

119 - 125 Southland Drive, Lexington, KY, 40503
119 - 125 Southland Drive, Lexington, KY, 40503
FOR LEASE
Property Type:
Neighborhood Center
Last Verified:
Dec 05, 2018

Highlights

  • Located just off Nicholasville Road adjacent to new four-story Hampton Inn and approximately 1 mile from University of Kentucky campus and ¾ mile from Central Baptist
  • Pedestrian-friendly Southland Drive is in the process of a reformation that includes new bike lanes, sidewalk reconstruction and an improved streetscape
  • Area events and activities include Lexington Farmer’s Market, Southland Street Fair and Southland Jamboree
  • This retail corridor includes an eclectic mix of both old and new restaurants and shops
  • Surrounding neighborhood has benefited from an active residential market, boosting commercial activity
  • REDUCED RENTAL RATES!

Description

NAI Isaac is pleased to present leasing opportunities in a +/-13,260 sf new retail strip center on Southland Drive. Join Taziki's Mediterranean Café, Columbia Steak Express, and Hampton Inn. Convenient parking and access for retailers and service providers. Located just off Nicholasville Road adjacent to new four-story Hampton Inn and approximately 1 mile from University of Kentucky campus and ¾ mile from Central Baptist. Convenient parking for restaurants, retailers and service providers. Average daily traffic count of 38,500 ( 11) on Nicholasville Road near the site. Suites can be combined as needed.

Located just off Nicholasville Road adjacent to new four-story Hampton Inn and approximately 1 mile from University of Kentucky campus and ¾ mile from Central Baptist. Pedestrian-friendly Southland Drive is in the process of a reformation that includes new bike lanes, sidewalk reconstruction and an improved streetscape.

Building Size: 13260.0sq ft
Lot Size: 0.0 acres

Units for Lease

Suite 121
Space Available: 2811 SF
Lease Type: NNN

Price Per Sqft/Year: $13.0

Map of 119 - 125 Southland Drive, Lexington, KY, 40503

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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.