Woodhill Circle Plaza

1505-1557 E. New Circle Road Lexington, KY 40509

1505-1557 E. New Circle Road, Lexington, KY, 40509
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FOR LEASE
Property Type:
Community Center
Amount:
Please Call Broker for Price

Last Verified:
Dec 10, 2024

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Highlights

  • +/-379,204 SF community shopping center
  • +/-910 - 2,100 SF for lease
  • Anchored by Office Depot, HomeGoods, Tile Shop and Dollar Tree
  • Great location on New Circle Road less than half a mile to Richmond Road with easy access to downtown and I-75/64
  • High volume traffic corridor
  • Average daily traffic count of +/-42,767 VPD in front of the center

Description

NAI Isaac is pleased to present leasing opportunities in Woodhill Circle Plaza. Woodhill Circle Plaza is a +/-379,204 SF community shopping center located on New Circle Road, one of Lexington's high traffic thoroughfares with an average daily traffic count of +/-42,767 VPD. Anchored by Office Depot, HomeGoods, Tile Shop and Dollar Tree. The center has excellent visibility and multiple access points from New Circle Road, Palumbo Drive, Woodhill Drive and Codell Drive.

Located on East New Circle between Woodhill Drive and Palumbo Drive. Woodhill Circle Plaza is in a great location on New Circle Road, less than a half mile from Richmond Road, with terrific signage exposure on a major corridor.


Year Built: 1978
Building Size: 379204sq ft
Lot Size: 0 acres


Documents

Woodhill Circle Plaza Flyer
Lexington-Woodhill Circle Plaza

Units for Lease

2305 Woodhill Dr
Space Available: 2100 SF
Lease Type: NNN

Price Per Sqft/Month: $5000.00
2323 Woodhill Dr
Space Available: 1600 SF
Lease Type: NNN

Price Per Sqft/Year: $12.00
367 Codell Dr
Space Available: 1600 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $1200.00
369 Codell Dr
Space Available: 1600 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $1200.00
377 Codell Dr
Space Available: 1600 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $1200.00
1555 E New Circle Rd, Suite 138
Space Available: 910 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00

Map of 1505-1557 E. New Circle Road, Lexington, KY, 40509

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.