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254 East New Circle Rd Lexington, KY 40505

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For Sale
$2,700,000

15,048 SF retail building with drive-thru on 2.19 acres.

Property size:
15,048 SF

Property Features for 254 East New Circle Rd

General Information

Size
15,048 SF

Source: Weston Lockhart Agent Weston Lockhart

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Free-Standing Retail Building with Drive-Thru

This 15,048 square foot free-standing retail building, originally constructed for Walgreens, is situated on 2.19 acres. The property features a drive-thru and pylon signage. Located on New Circle Road with a traffic count of 36,658 vehicles per day, the site offers high visibility and accessibility within a well-established retail corridor. The property is positioned next to a newly constructed Dutch Bros Coffee, Chick-Fil-A, Panda Express, and Bank of America, and is near a Kroger. The location benefits from strong retail synergy. Zoned B-3 (Highway Business), the property is adaptable for a variety of uses, including retail, medical, or office. The property includes a billboard that generates additional revenue of $950 per month. Lexington, Kentucky, is recognized for its quality of life, health care, public safety, education, and family living, and is considered a desirable location for business, innovation, and career opportunities.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Stems LLC, Sam's Club Floral

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.476826
Latitude
38.069969

FAQs

What type of property is this?
Storefront property - 15,048 SF retail building with drive-thru on 2.19 acres.
Where is this storefront property located?
The property is located at 254 East New Circle Rd Lexington, KY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: - High-traffic location on New Circle Road (36,658 VPD) with strong retail synergy from neighboring businesses.; - Existing drive-thru adds significant value and flexibility.; - Free-standing 15,048 SF building adaptable for retail, medical, office, or other commercial uses.
More about this property
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