Griffin Gate Plaza

1510 Newtown Pike Lexington, KY 40511

1510 Newtown Pike, Lexington, KY, 40511
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Nov 07, 2024

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Highlights

  • LEASING OPPORTUNITIES AVAILABLE!
  • Suite 116: +/-1,710 SF for lease
  • Suite 201: +/-2,063 SF for lease; second generation dental office
  • Located adjacent to the Marriott’s Griffin Gate Resort and across Newtown Pike from the University of Kentucky Coldstream Research Campus
  • Easy access to the Central Business District, Blue Grass Airport, I-75/64 and Toyota Plant
  • Griffin Gate Plaza allows its tenants the opportunity to service a large daytime business population, an upscale residential community and the benefits derived from convenient access to Interstates 75/64
  • First floor suites offer private exterior entrances, flexible, efficient floor plans and 24 hour access to each suite and full length canopies provide a distinctive exterior elevation as well as an excellent location for tenant signage and logos
  • Traffic count of +/-44,352 ('19) VPD in front of the site
  • Rental Rate: $14.75-$17.00 PSF modified gross (includes utilities; Tenant pays own interior janitorial)
  • Outparcel also available - Call Broker

Description

NAI Isaac is pleased to present leasing opportunities at Griffin Gate Plaza. Located adjacent to the Marriott’s Griffin Gate Resort, the office project offers instant name recognition and direct access to future area business growth. The location of Griffin Gate Plaza allows its tenants the opportunity to service a large daytime business population, an upscale residential community and the benefits derived from convenient access to Interstates 75/64. The property is zoned B-1, Neighborhood Business.

Griffin Gate Plaza allows tenants to benefit from excellent visibility and exposure Newtown Pike provides along with ample free parking for patrons. The first floor suites offer private exterior entrances, flexible, efficient floor plans and 24 hour access to each suite. Full length canopies provide a distinctive exterior elevation as well as an excellent location for tenant signage and logos. First class office suites offer scenic views including the Marriott resort and golf course. Griffin Gate Plaza is professionally managed by the NAI Isaac Property Management Team.

Griffin Gate Plaza is located adjacent to the Marriott’s Griffin Gate Resort, situated on Newtown Pike. The office project offers instant name recognition and direct access to future area business growth of the University of Kentucky Coldstream Research Campus. Easy access to the Central Business District, Bluegrass Airport, I-75/64, and Toyota Plant. The location of Griffin Gate Plaza allows its tenants the opportunity to service a large daytime business population, an upscale residential community and the benefits derived from convenient access to Interstates 75/64.

Building Size: 44574sq ft
Building Class: C
Lot Size: 0 acres


Documents

GGP Flyer
Griffin Gate Plaza
Griffin Gate Suite 201 Floor Plan

Units for Lease

Suite 116
Space Available: 1710 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $17.00
Suite 201
Space Available: 2063 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $14.75

Map of 1510 Newtown Pike, Lexington, KY, 40511

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.