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Financial
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Property profile

2320 Elkhorn Rd Lexington, KY 40505

FOR LEASE
Strip malls
Property ID
US34-0616195
4,600 SF 1 ac lot Built 2008
Entity Owned Free & Clear
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Property summary

AI-generated overview

This retail leasing space is located within Hamburg Place, a regional shopping center and office development in Lexington, Kentucky along I-75 and Man O' War Boulevard. Hamburg Place comprises over 3 million square feet of retail space, 160 acres of professional offices, and 1,200 acres of residential development. The subject unit is an endcap retail space of approximately 2,303 square feet within a multi-tenant building of approximately 4,600 square feet in War Admiral Place. War Admiral Place includes tenants such as Walmart, Lowe's, Hobby Lobby, Sportsman’s Warehouse, Boot Barn, and First Watch, among others. The space is positioned near Walmart and Lowe’s with visibility to Winchester Road and provides three signage locations for the building (front, side, and rear). The center is situated near major traffic corridors including Winchester Road and I-75.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 4,600 SF
Lot 1 ac (43,604 SF)
Zoning code B-6P
APN 38169950
UPID US34-0616195

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Courier Service Postal Service
  • Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Travel Agency
  • Postal Service Courier Service

Location

2320 Elkhorn Rd Lexington, KY 40505
Lexington metro Census 3908 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

Zoning & alternative use

B-6P · Lexington, KY
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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