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1021-1059 S Broadway
Lexington, KY 40504
Land For Rent
Highlights
- Rare Infill Lexington Redevelopment Site
- Expandable and Divisible
- 31,700 (ADT) S. Broadway
- 460' of Frontage to S. Broadway
- Ground Lease or Build to Suit
- University of Kentucky & Health Care District
Property Overview
Extremely rare and needed infill redevelopment opportunity for Ground Lease and or Build to Suit at 1021-1059 S. Broadway. The +/- 5.3 acres is currently split zoned B-1 and B-4 and subject to re-zoning for the intended use. The site has +/- 460’ of frontage to S. Broadway and enjoy a traffic count of 31,700 (ADT) on S. Broadway and 23,100 (ADT) on Red Mile Road. The property is best suited for retail, restaurants, banks, assisted living, student housing, and health care. The site is divisible and expandable (Call Agent for details). A+ location close to the hard corner of S. Broadway and Red Mile Road. The property sits inside New Circle Road encompassed by the University of Kentucky (30,000 students and 14,000 employees), thousands of student housing beds, all main Lexington health care systems (UK, CHI Saint Joseph, Baptist Health, and the Lexington Clinic). Redevelopment has taken off of late on the S. Broadway corridor with The Hub mixed use development, The Gateway Student Housing Development, Lexington Clinic, UK Federal Credit Union, Wendy’s, Candlewood Suites, Elmwood Hotel & Suites, and much more to come.
PROPERTY FACTS
