BP Gas Station With Convenience
For Sale
Contact for pricing
2221 Richmond Road, Lexington, KY 40502
BP-branded fuel and convenience facility under an absolute NNN lease along Richmond Road.
Property Size987 SF
Price / SF$2,532
Days on Market11
Property Features for 2221 Richmond Road
General Information
Standard status
Active
Size
987 SF
Property subtype
Retail
Zoning
B-1
Occupancy
100%
Lease Type
NNN
Net Operating Income
$102,000
Site & Location
Traffic Count
39,000 vehicles/day
Road Access
Yes
Building Details
Year Built
1989
Tenancy
Single
Listing Agency:
Equity Management Group Inc
(859) 266-1414
Listed By:
Jason Taylor · License #KY 72700
Source:
Crexi
Added: Jul 27
Changed: Aug 4
Last Checked: Aug 5 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Management Group Inc
Investment Insights
Based on property information with market context.
This BP-branded gas station and convenience store was built in 1989 and occupies a 987 SF property in Lexington. The asset is subject to an absolute NNN lease, providing a defined contractual structure for the current operation.
The property fronts Richmond Road and is situated near Chick-fil-A, McDonald's, Walgreens, and Central Bank. The existing lease runs through 2032, with no renewal options remaining afterward. At that point, the property may support lease renewal, owner operation, a new tenant, or a ground lease, subject to applicable requirements. The site is zoned B-1.
The property fronts Richmond Road and is situated near Chick-fil-A, McDonald's, Walgreens, and Central Bank. The existing lease runs through 2032, with no renewal options remaining afterward. At that point, the property may support lease renewal, owner operation, a new tenant, or a ground lease, subject to applicable requirements. The site is zoned B-1.
Key Highlights
- BP‑branded gas station and convenience store
- Absolute NNN lease in place through 2032
- No renewal options remain after the 2032 lease expiration
Property Analytics
Current Use
Lease Details
39,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
185k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 31%
Home Improvements & Furnishings 18%
Chick-fil-A
Dining
39,751 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
33,747 visits/mo
0.4 miles
McDonald's
Dining
32,397 visits/mo
0.2 miles
Thorntons
Shops & Services
23,025 visits/mo
0.5 miles
Panda Express
Dining
12,110 visits/mo
0.3 miles
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - BP-branded fuel and convenience facility under an absolute NNN lease along Richmond Road.
Where is this gas station located?
The property is located at 2221 Richmond Road Lexington, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: BP‑branded gas station and convenience store; Absolute NNN lease in place through 2032; No renewal options remain after the 2032 lease expiration
