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2887 Richmond Rd
Lexington, KY 40509

$6,306,524 USD

Storefront Retail Office For Sale  •  7,555 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 7,555 SF
  • Lot Size 2.64 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.25 %
  • Tenancy Multiple
  • Zoning B-3
30 Transit Score
68 Walk Score

Highlights

10 year lease terms with rental escalations and corporate guarantee
Maximum visibility from Richmond road with nearly 40,000 VPD
Successful relocation of Panera Bread from its former location on Richmond Rd, with the added convenience of a drive-thru window
Centrally located between Lexington’s New Circle Rd & Man O’ War Blvd
Surrounding area boasts dense residential and a thriving daytime population
Trade area is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper

Property Flyers

Cap Rate: 5.25 %

Major Tenants

Tenant SF Occupied Lease End Date
AT&T 2,000 SF
Next Level Sports Nutrition 1,555 SF
Panera Bread 4,200 SF

Public Transportation

AirportDriveWalkDistance
Blue Grass 23 min - 12.2 mi
Justin Phelps 502-271-5820 Hogan Real Estate
Justin Phelps 502-271-5820 Hogan Real Estate