This Retail Property is no longer advertised on LoopNet.com.
1029 Lexington Rd
Georgetown, KY 40324
Caliber Collision · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- New 15-year NNN lease beginning 8/1/2020 (estimated start date)
- Two 5-year renewal options
- Strong barriers to entry
- 10% rent bumps every 5 years hedge against inflation
- The site has been operating as a Fortune Auto body, which has now been acquired by Caliber Collision
- E-commerce resistant product offering long term, peace of mind passive investment opportunity
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Auto Repair
- General Retail Auto Dealership
- General Retail Freestanding
- General Retail Service Station
Building Size
10,554 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.65 AC
Zoning
CM
Parking
20 Spaces (1.89 Spaces per 1,000 SF Leased)
LINKS
PROPERTY TAXES
Parcel Number | 168-10-322.000 | Improvements Assessment | $948,000 |
Land Assessment | $316,300 | Total Assessment | $1,264,300 |
Listing ID: 20545618
Date on Market: 8/6/2020
Last Updated:
Address: 1029 Lexington Rd, Georgetown, KY 40324
The Retail Property at 1029 Lexington Rd, Georgetown, KY 40324 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.