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Patchen Square 2860 Richmond Rd
1,400 SF of Retail Space Available in Lexington, KY 40509
HIGHLIGHTS
- Traffic counts in excess of 50,000 cars per day.
- drive thru available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 190 | 1,400 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $35,000 /YR $2,917 /MO | Triple Net (NNN) |
2860 Richmond Rd - 1st Floor - Ste 190
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Drive Thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT PATCHEN SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Club Pilates
- Arts, Entertainment, and Recreation
- -
- -
- Cyclebar
- Fitness
- 362
- National
- Float 859
- Arts, Entertainment, and Recreation
- -
- -
- Kpot
- Accommodation and Food Services
- -
- -
- My Salon Suites
- Services
- -
- -
- Stretchlab
- Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Club Pilates | Arts, Entertainment, and Recreation | - | - |
| Cyclebar | Fitness | 362 | National |
| Float 859 | Arts, Entertainment, and Recreation | - | - |
| Kpot | Accommodation and Food Services | - | - |
| My Salon Suites | Services | - | - |
| Stretchlab | Services | - | - |
PROPERTY FACTS FOR 2860 RICHMOND RD , LEXINGTON, KY 40509
| Total Space Available | 1,400 SF | Center Properties | 2 |
| Center Type | Neighborhood Center | Gross Leasable Area | 38,066 SF |
| Parking | 171 Spaces | Total Land Area | 9.50 AC |
| Stores | 1 | Year Built | 2018 |
| Total Space Available | 1,400 SF |
| Center Type | Neighborhood Center |
| Parking | 171 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Gross Leasable Area | 38,066 SF |
| Total Land Area | 9.50 AC |
| Year Built | 2018 |
ABOUT THE PROPERTY
Recently constructed retail center in southeast Lexington. The property is located on Richmond Road, between its intersection with Patchen Drive and Mt Tabor Road, behind the recently constructed Andy's/First Watch and Skyline Chili. Current Tenants include KPot Korean BBQ, Cyclebar, Club Pilates, My Salon Suites, Stretch Lab and Sugaring. Drive-thru available.
NEARBY MAJOR RETAILERS
Presented by
Patchen Square | 2860 Richmond Rd
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