Newtown Business Center

1051 Newtown Pike Lexington, KY 40511

1051 Newtown Pike, Lexington, KY, 40511
Newtown Business Center-1051 Newtown Pike
1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511 1051 Newtown Pike, Lexington, KY, 40511
FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Oct 02, 2024

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Highlights

  • +/-86,700 SF four-building, mixed-use development offering office/retail/flex and warehouse facilities on +/-9.88 acres
  • +/-2,748 SF for lease
  • Ample parking
  • Located at the intersection of Newtown Pike and New Circle Road with easy access to downtown Lexington, Interstates 75/64 and Blue Grass Airport
  • Traffic count of +/-39,271 VPD in front of the site
  • Zoned B-1 (Neighborhood Business) & I-1 (Light Industrial)

Description

NAI Isaac is pleased to present Newtown Business Center, a +/-86,700 SF four-building, mixed-use development offering office/retail/flex and warehouse facilities on +/-9.88 AC. Newtown Business Center is located at the intersection of Newtown Pike and New Circle Road with easy access to downtown Lexington, Interstates 75/64 and Blue Grass Airport.

Newtown Business Center is situated on +/-9.88 acres at the northern corner of Newtown Pike & New Circle Road, Newtown Business Center is only minutes from Lexington' s other thriving business areas. Newtown Business Center also has convenient access to downtown Lexington, upscale residential communities, retail services, financial institutions, hotel accommodations & other amenities. Newtown Business Center' s has good visibility and easy access to downtown Lexington, Interstates 75/64 and Blue Grass Airport. Lexington is located within 500 miles of 75% of the nations population.


Year Built: 1982
Building Size: 86700sq ft
Lot Size: 9.88 acres


Documents

Newtown Business Center
Newtown Business Center Flyer

Units for Lease

Bldg 1051, Suite 136
Space Available: 2748 SF
Lease Type: NNN

Map of 1051 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.