470 New Cir Rd Lexington, KY 40505-2600
This exceptional retail property, located at 470 New Circle Road, offers a prime opportunity for businesses seeking high visibility and accessibility. The single-story building boasts 1,200 square feet of vacant space, perfect for a variety of retail uses. Situated on New Circle Road, this location benefits from significant daily traffic, ensuring maximum exposure for your business. The property is zoned B-3, allowing for a wide range of commercial activities. The space is available for lease at a base rent of $1,500 per month, plus common area maintenance (CAM) charges. This represents a compelling value proposition for businesses looking to establish or expand their presence in a thriving commercial area. The building itself is a single structure, offering convenient access and ample space for retail operations. The property's strategic location on New Circle Road provides excellent visibility and accessibility for customers, contributing to a strong potential for business success. This is an exceptional opportunity to secure a well-located retail space in a high-traffic area. The 1,200 square feet of available space offers flexibility for various retail concepts, and the attractive lease terms make this a highly desirable property. Don't miss this chance to establish your business in a prime location. Contact us today to schedule a viewing.
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LendNation Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Lexington, KYLexington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.