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Ground Lease Development Site
For Lease
$140,000

3900 Fountainblue Lane, Lexington, KY 40513

Two ground lease options are available at a development site in Lexington’s 40513 area.

Space SizeContact for details
Days on Market135

Property Features for 3900 Fountainblue Lane

General Information

Standard status Active
Property subtype Land
Lease Term $140,000 - 175,000 per year (NNN)

Spaces For Lease

at 3900 Fountainblue Lane Contact us

15 $175,000/Yr

Term
Negotiable
Contact us

17 $140,000/Yr

Term
Negotiable
Contact us
Listing Agency: White Oak Commercial Real Estate
Listed By: Gordy Hoagland, CCIM · License #217910
Source: Whiteoakcre
Added: Apr 23 Changed: Sep 3 Last Checked: Sep 2 at 4:39PM

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 White Oak Commercial Real Estate

Investment Insights

Based on property information with market context.

Available for ground lease, this development site consists of two distinct acreage options: approximately 1.2 acres with an annual rent of $140,000, and approximately 1.573 acres with an annual rent of $175,000.

The Fountains at Palomar site is located in the 40513 zip code at the intersection of Man o’ War Boulevard and Harrodsburg Road, with convenient access to New Circle Road. It is also positioned near Bluegrass Airport and Keeneland.

The offering provides flexibility for a ground lease arrangement across either listed acreage option at the property.

Key Highlights

  • Ground lease option: 1.2‑acre development site with $140,000 annual rent
  • Ground lease option: 1.573‑acre development site with $175,000 annual rent
  • Located at the intersection of Man o’ War Boulevard and Harrodsburg Road in Lexington’s 40513 area

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Carpet & Flooring Store Real Estate Agency Gym & Fitness Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 40513, KY

11,244
Population
4,734
Households
2.4
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
765
Density / Sq Mi
$126,642
Median Household Income
$76,503
Median Earnings
$1,413
Median Rent
$448,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two ground lease options are available at a development site in Lexington’s 40513 area.
Where is this commercial land located?
The property is located at 3900 Fountainblue Lane Lexington, KY.
What is the lease rate?
The lease rate is $140,000.
What are key features of this property?
This property features: Ground lease option: 1.2‑acre development site with $140,000 annual rent; Ground lease option: 1.573‑acre development site with $175,000 annual rent; Located at the intersection of Man o’ War Boulevard and Harrodsburg Road in Lexington’s 40513 area
More about this property
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