Signalized Corner Lot

190 Flemingsburg Road Morehead, KY 40351

190 Flemingsburg Road, Morehead, KY, 40351
190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351 190 Flemingsburg Road, Morehead, KY, 40351
FOR LEASE
Property Type:
Big Box Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 05, 2024

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Highlights

  • +/-0.35 AC corner lot with +/-1,000 SF existing freestanding building
  • Existing infrastructure can be reutilized or razed for redevelopment
  • Excellent frontage at the corner of Flemingsburg Road and West 2nd Street
  • Adjacent to St. Claire Regional Medical Center, the second largest employer in the region over 1,300 staff members and 159 beds
  • Morehead State University is less than a mile away with enrollment of 9,000+ students and 405 employees
  • Combined traffic count of +/-28,878 VPD at the signalized intersection
  • Contact agent for details

Description

NAI Isaac is pleased to present a signalized corner lot for lease in Morehead, Kentucky. Great location adjacent to St. Claire Regional Medical Center and less than one mile from Morehead State University.

Morehead and Rowan County serve as a regional and economic development hub servicing over 100,000 people in health care, education, recreation and retail, boasting a strong workforce. The community is strategically located next to Interstate 64 in eastern Kentucky between Lexington, KY and Charleston, WV.

Building Size: 1000sq ft
Lot Size: 0.35 acres


Documents

190 Flemingsburg Rd, Morehead

Units for Lease

190 Flemingsburg Road
Space Available: 15246 SF
Lease Type: NNN

Map of 190 Flemingsburg Road, Morehead, KY, 40351

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.