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
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)

PROPERTY TAXES

  • Listing ID: 20545618

  • Date on Market: 8/6/2020

  • Last Updated:

  • Address: 1029 Lexington Rd, Georgetown, KY 40324