Southland Drive Retail Opportunity

390 - 392 Southland Dr Lexington, KY 40503

390 - 392 Southland Dr, Lexington, KY, 40503
390 - 392 Southland Dr, Lexington, KY, 40503
FOR LEASE
Property Type:
Street Retail
Last Verified:
Dec 18, 2020

Highlights

  • Located in the Heart of Southland Drive
  • Next to New 21,000 sf Critchfield Meats
  • Medium to large Vacancy Available NOW
  • 3,000 sf up to 6,000 sf
  • Warehouse space in the rear

Description

SVN Stone Commercial Real Estate is pleased to present 390-392 Southland Drive for lease. The present vacancy was formerly Ladybug Landing occupying the entire +/- 6,000 sf. The suites are very deep and space could be demised to +/- 3,000 sf. The property offers a generous amount of warehouse type space in the rear and could be utilized for small distribution, as well as retail and office with the zoning. This space is in the heart of the thriving Southland Drive Corridor, next to the Brand New location of Critchfield Meats, and join retailers, Mac & Clay, Geno's, and eateries like Winchell's! Contact Weston Lockhart 859-317-3538, weston.lockhart@svn.com, or Neal Metcalfe, 859-312-8069, neal.metcalfe@svn.com to tour the space!

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.

Building Size: 21591sq ft
Lot Size: 0 acres

Units for Lease

390 - 392 Southland Dr
Space Available: 6000 SF
Lease Type: NNN

Price Per Sqft/Year: $12.5

Map of 390 - 392 Southland Dr, 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.