2200 War Admiral Way Lexington, KY 40509-2499
- Retail space
- 10,224 SF
- 11.68 lot acres
Current Use by Public Records
- Shanghai Bistro / Restaurant
- Vinaigrette Salad Kitchen / Take-out & Catering
- Boot Barn / Clothing & Fashion Store
- Stuartos Olive Oil Company / Grocery & Convenience Store / Food Market
- Hobby Lobby / (Bike/Boat/Book/etc) Store
Property Details for 2200 War Admiral Way
- Year built
- 2014
- Lot size
- 11.68 lot acres
- Property size
- 10,224 SF
- Zone code
- B-6P
- Property type
- Retail space
- APN
- 38214500
- APU
- 38214500
Description
This exceptional 4,022 square foot retail endcap space is ideally located in the thriving Hamburg Place shopping center in Lexington, Kentucky. Situated near major retailers like Walmart and Lowe's, this property boasts unparalleled visibility from Winchester Road, a thoroughfare with an average daily traffic count of 37,200 vehicles. The strategic location within Hamburg Place, a regional development encompassing over 3 million square feet of retail space, 160 acres of office space, and 1,200 acres of residential development, ensures high foot traffic and significant brand exposure. The property benefits from its proximity to I-75, a major interstate highway with an impressive average daily traffic count of 76,583 vehicles. This endcap space offers excellent signage opportunities, maximizing visibility for your business. The surrounding area includes a diverse mix of established national retailers such as Hobby Lobby, Sportsman's Warehouse, Boot Barn, First Watch, Chipotle, and Smashing Tomato, creating a vibrant and attractive shopping destination. The entire space is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy in a prime retail location. The property is located in Fayette County and has convenient access via Sir Barton Way. This is a rare opportunity to establish a strong presence in a high-demand retail area with exceptional visibility and access to a large customer base.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,048,000
- AI Estimate
- $3,030,000
Market price range: $1.11M - $3.05MMarket price range: $1.11M - $3.03M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,985,000 Current use
- AUTO REPAIR, GARAGE
- $3,735,000 Change: +88% Conversion: Difficult
- RESTAURANT
- $3,335,000 Change: +68% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,270,000 Change: +14% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,260,000 Change: +14% Conversion: Difficult
- MEDICAL BUILDING
- $2,105,000 Change: +6% Conversion: Difficult
- OFFICE BUILDING
- $2,015,000 Change: +1% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.427
- Latitude
- 38.0397
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA