162 Old Todds Road
Lexington, KY 40509
- Mix of retail & medical offices
- Fully leased
- Solid concrete construction
- Individual heat & air for each unit
- 43,576 VPD on Richmond Road
- Next to Lowe's, restaurants, banks, retail, & office buildings
- Current NOI is $193,000 and Cap becomes a 7.4%
SVN Stone Commercial Real Estate is pleased to offer this fully leased Investment property FOR SALE. Great Annual Rents with Medical, Retail mix located along the commercial area of Richmond Road in Lexington, one of its major arteries, 43,576 vehicles per day. This Solid concrete construction consists of two street level spaces (4,990sf & 2,510sf) and four second floor spaces (685sf, 1,660sf, 2,295 sf & 3,131 sf). Elevator serves the second floor spaces. All units have individual heat pumps for heat and air, as well as, private bathrooms. For a review of the financials or to set up a tour of the property please contact Earl Brady or Neal Metcalfe 859-264-0888.
Commercial area of Richmond Road in Lexington, one of its major arteries, 43,576 vehicles per day. Next to Lowe's and many restaurants, banks, retail and office buildings.
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.