LEXINGTON RETAIL DEVELOPMENT OPPORTUNITY 1540 EASTLAND PARKWAY LEXINGTON, KY 40505 Matt Stone, CCIM, MBA Managing Director 859.264.0888 x25 matt.stone@svn.com Nathan Dilly Advisor 859.264.0888 nathan.dilly@svn.com SVN Stone Commercial Real Estate 300 E. Main Street, Suite 220, Lexington, KY 40507 SALE BROCHURE
Executive Summary OFFERING SUMMARY Sale Price: $480,000 - $1,125,000 Lot Size: 6.7 Acres PROPERTY HIGHLIGHTS Approximately 6.7+ acres of prime B-3 Zoned Land Can be subdivided 0.8-6.7+ Acres (see site layout) Will Sell, Land Lease, or Build-to-Suit New Infiniti Dealership Open at Site Excellent Visibility on the Corner of New Circle and Winchester Road Traffic counts are 43,969 VPD on New Circle Rd. and 31,744 VPD on Winchester Rd. Close proximity to Frederick Douglas High School, Downtown Lexington, Hamburg, and I-75 Zoning: B-3 Business Highway Outparcels: Subdivide as Needed LEXINGTON RETAIL DEVELOPMENT OPPORTUNITY 1540 EASTLAND PARKWAY, LEXINGTON, KY 40505 SVN Stone Commercial Real Estate Page 2
Property Description PROPERTY OVERVIEW SVN Stone Commercial Real Estate is pleased to offer approximately 6.7+ acres of land available for sale in Lexington, Kentucky. This property provides excellent visibility and is at the corner of New Circle and Winchester Road. Join the newly constructed state of the art Infiniti dealership on one of the many lots available. Land can be subdivided into approx. 0.8-6.7+ Acres (see site layout) to accommodate any size user. Current owner will sell, land lease, or consider build to suit options on the site. This property is zoned B-3 Business Highway which allows for a multitude of uses including retail, restaurants, hotel, car washes, gas stations, etc. Traffic counts on New Circle Road 43,969 VPD and Winchester Road are 31,744 VPD. This property is minutes away from the new Frederick Douglas High School that opened August 2017. Winchester Road is a main road that leads from downtown Lexington, past Hamburg, and to I-75. If you need any additional information please contact Nathan Dilly at 859-420-5492 or nathan.dilly@svn.com or Matt Stone at 859-351-5444 or matt.stone@svn.com. Property is also available for land lease or build-to-suit. LOCATION OVERVIEW The Bluegrass has been rated as one of America's premier regions by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. LEXINGTON RETAIL DEVELOPMENT OPPORTUNITY 1540 EASTLAND PARKWAY, LEXINGTON, KY 40505 SVN Stone Commercial Real Estate Page 3
Lot # Lot Size Price 1 1.3 Acres $780,000 2 1.0 Acres $600,000 3 1.0 Acres $600,000 4 0.8 Acres $480,000 5 1.1 Acres $825,000 6 1.5 Acres $1,125,000 Can be combined or subdivided to suit buyer or tenant needs. For marketing purposes only, Exact locations not warranted
Location Maps LEXINGTON RETAIL DEVELOPMENT OPPORTUNITY 1540 EASTLAND PARKWAY, LEXINGTON, KY 40505 SVN Stone Commercial Real Estate Page 6
Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 9,080 79,392 182,585 Median age 36.5 34.7 33.9 Median age (male) 36.1 34.0 33.1 Median age (Female) 37.2 35.8 35.1 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 4,164 35,572 79,349 # of persons per HH 2.2 2.2 2.3 Average HH income $43,316 $55,677 $59,690 Average house value $122,142 $215,866 $233,041 * Demographic data derived from 2010 US Census LEXINGTON RETAIL DEVELOPMENT OPPORTUNITY 1540 EASTLAND PARKWAY, LEXINGTON, KY 40505 SVN Stone Commercial Real Estate Page 7