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For Sale - Eastview Plaza - 1019-1047 Industry Road, Lexington, KY 1019-1047 Industry Road, Lexington, KY 40505
Property Overview
Price/Rent PSF $ 1,075,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available INQUIRE
Date Available 10/26/2016
Search Demographic Data Explore financing options
Description

PRICE REDUCED! The tenancy of Eastview Plaza is made up of 7 local tenants. No single unit comprises over 2,400 sf, therefore the loss of a single unit would not significantly impact the center in the manner of losing a unit that comprises fifty (50%) percent or more of a shopping center. Most of the leases are slightly below market and makes replacing tenants with at least the same rent very likely. An attractive southeast Lexington commercial property with very reasonable rent structure should allow Eastview Plaza to continue to be an outstanding investment for the new owner. Net Operating Income: $114,348. Cap Rate: 10%.

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