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Note

Office Development Lot with Existing Income

Listing was updated on: 08/01/2019

Property Overview

Price/Rent PSF $ 700,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.84
Date Available 08/01/2019
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Description

Location
The subject property is located near Hamburg Pavilion, one of Central Kentucky's premier shopping destinations, which boasts an abundance of local, regional and national retailers including Costco, Walmart, Lowes, Hobby Lobby, Target, Chick-fil-A, Starbucks, Malone's Steakhouse and Saul Good Restaurant and Pub. Further nearby amenities include easy access to I-75/I-64, New Circle Road, and Man-O-War Boulevard, many banks, professional office users, as well as Lexington's newest Whitaker Family YMCA location.

Sale
SVN Stone Commercial Real Estate is pleased to present a 1.84 acre development lot for sale that comes with existing income. The owner is in the final stages of executing a lifelong agreement with AT&T to lease a 50 ft x 50 ft section in the back corner of the lot for a cell tower. The owner has an ALTA survey, Phase 1 ESA, and site plans that show the location of the proposed cell tower and multiple building designs. Zoned Professional Office (P-1), the site is primed for development for a user that desires to be located near Hamburg Pavilion. Principal uses include, but are not limited to professional offices, medical facilities, studios, trade schools and athletic clubs. The site allows for easy access to Georgetown, Richmond and Winchester via I-75/1-64, New Circle Rd and Man O' War Blvd. The lot is located near an abundance of amenities including Hamburg Pavilion, Hobby Lobby, Lowes and Walmart with additional retail development planned nearby.

For more information, please contact Wade Haga at [email protected] / 859.285.2202.

Location

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