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Richmond Rd Land - Sale, Ground Lease or BTS 2887 Richmond Rd

1.3 Acres of Commercial Land for Lease in Lexington, KY 40509

Highlights

  • Available for sale, ground lease or build to suit is a 1.3 ± acre prime retail or restaurant opportunity
  • Centrally located on Richmond Road between New Circle and Man O’ War
  • Site is situated in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s
  • Excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19)
  • Large pylon signage opportunity solely for outlot
  • Access to 2 signalized traffic lights and a cut off Richmond Rd directly in front of the site

Lot Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 1.30 AC

Property Overview

Available for sale, ground lease or build to suit is prime retail or restaurant opportunity with a 1.3 ± acre outlot. The site features excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19). A large pylon signage is available solely for outlot use. The site possesses convenient access to two signalized traffic lights and a cut off Richmond Rd directly in front of the site. This property is situated in a prominent retail and restaurant hub only four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. It is located in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s Pizzeria. It is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
  • Listing ID: 23822053

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 2887 Richmond Rd, Lexington, KY 40509

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