Technical
Financial
Distress signals
Property profile

3159 Beaumont Ctr Cir Lexington, KY 40513

OFF-MARKET
Strip malls
Property ID
US34-2140100
0.7 ac lot Built 2020
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

K-Commons, located at 3159 Beaumont Centre Circle, offers ±11,940 square feet of Class A retail space, ideally suited for medical, office, or retail tenants. This single-story, 2022-built building is currently partially occupied by Kentucky Center for Oral and Maxillofacial Surgery (KCOMS), leaving approximately 5,264 square feet available for lease. The property benefits from its strategic location within the thriving Beaumont Centre Development, a master-planned community boasting a diverse mix of residential, commercial, and hospitality offerings. Beaumont Centre includes over 1,100 upscale homes, 500 apartments, 600,000 square feet of office space, nine hotels, and over 400,000 square feet of retail space, ensuring high visibility and significant foot traffic. National tenants such as Kroger Marketplace, Starbucks, and Bru-Burger are already established within the development, creating a strong synergy and attracting a desirable demographic. The property's prime location on Harrodsburg Road (35,000 vehicles per day) and its adjacency to W. New Circle Road (64,000 vehicles per day) provide exceptional accessibility and exposure. Furthermore, its proximity to Downtown Lexington (10-minute drive) adds to its appeal. The property is zoned B-6P, making it suitable for a variety of uses. This is a unique opportunity to secure space in a rapidly growing and highly desirable area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Lot 0.7 ac (30,518 SF)
Zoning code B-6P
APN 38270620
UPID US34-2140100

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
  • Hair Salon
  • Dental Office
  • Medical Clinic Hospital
  • Dental Office
  • Dental Office

Location

3159 Beaumont Ctr Cir Lexington, KY 40513-1967
Lexington metro Census 4208 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2019
4 recorded transactions
2022
Price N/A
2020
Price N/A
2019
$600,000
2019
$600,000

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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