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Lexington KY Retail Investment Portfolio | Southland Drive

Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive Lexington KY Retail Investment Portfolio | Southland Drive

Property Overview

Price/Rent PSF $ 2,300,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 16,300
Date Available 01/11/2021
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Floors 1
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Description

Location
This property is located in Lexington, KY on Southland Drive-- one of the city's most successful redevelopment areas. Southland Drive is in South Lexington and is surrounded by many dense neighborhoods, retail/restaurants, and other businesses. This property consists of two buildings with prime road frontage and plenty of parking.



Southland Drive is a fast growing, pedestrian friendly, and predominately locally owned retail corridor in Lexington, KY. Southland Drive is home to some of the most iconic long standing local restaurants and service providers in the market including but not limited to: Winchell's, The Ketch, Donut Days, Taco Tico, Collins Bowling Lanes, Sharp's Candies, Kentucky Chocolates, Good Foods Co-op, Marrikas Bier Stube, and Swabs cigar shop.



As Southland Drive has continued to adapt over the years, it is one of a few places in town that has maintained its charming character which has positioned the corridor as one of the most sought after retail locations while simultaneously offering conservative entry level price points.



With a location that is easy to access from both Nicholasville Road (33,000+ VPD) as well as the newly improved infrastructure and walkways allowing for pedestrian foot traffic, the corridor continues to make investments that are paying serious dividends to visitors and retailers alike.). Nearby attractions include popular 40503 neighborhoods with increased residential activity, downtown Lexington (2.8 miles), the University of Kentucky (1.8 miles), and Central Baptist (.7 miles). Lastly, the corridor boast one of the best weekend farmers markets and the claims the best Fried Chicken in all of Kentucky, a feat that stands on it own.




Sale
SVN Stone Commercial Real Estate is pleased to present an opportunity to invest in the fastest growing, predominately locally owned retail corridor in Lexington, KY. Southland Drive is home to some of the most iconic long standing local restaurants and service providers in the market including but not limited to: Winchell's, the Ketch, Donut Days, Taco Tico, Collins Bowling Lanes, Sharp's Candies, Old Kentucky Chocolates, Good Foods Co-Op, Marrikas Bier Stube, and Schwabs cigar shop. As Southland Drive has continued to adapt over the years, it is one of a few places in Lexington that has maintained its charming character which has positioned the corridor as one of the most sought after retail locations while simultaneously offering conservative entry level price points. With a location that is easy to access from both Nicholasville and Harrodsburg Roads, as well as the newly improved infrastructure and walkways allowing for pedestrian foot traffic, the corridor continues to make improvements that are paying serious dividends to visitors and retailers alike.


268-278 Southland Drive consists of two buildings totaling 16,300sf. The properties are 78% occupied with the current tenants being Planned Parenthood, Gold & Diamond Apparel, GDA Jewelers, Lexington Healing Arts Academy, Associates in Rehab (physical therapy), and Providence Community Church. For additional information please contact John Bunch | [email protected] | (859) 433-8911 OR Nathan Dilly | [email protected] | (859) 420-5492.

Location

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