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1123 Winchester Rd

5,000 SF of Retail Space Available in Lexington, KY 40505

Highlights

  • -5,000 SF Free Standing Retail Building
  • -30,000 VPD
  • -Well Maintained
  • -$13 per foot NNN
  • -Ample Parking
  • -2 miles from Downtown Lexington and 2.5 miles from the I-75/ Winchester Rd exchange

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 1
  • 5,000 SF
  • Negotiable
  • £10.24 /SF/PA £0.85 /SF/MO £110.22 /m²/PA £9.19 /m²/MO £51,200 /PA £4,267 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
Space Size Term Rent Service Type
1st Floor, Ste 1 5,000 SF Negotiable £10.24 /SF/PA £0.85 /SF/MO £110.22 /m²/PA £9.19 /m²/MO £51,200 /PA £4,267 /MO Triple Net

1st Floor, Ste 1

Size
5,000 SF
Term
Negotiable
Rent
£10.24 /SF/PA £0.85 /SF/MO £110.22 /m²/PA £9.19 /m²/MO £51,200 /PA £4,267 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property

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 agent 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.

PROPERTY FACTS FOR 1123 Winchester Rd , Lexington, KY 40505

Property Type Retail
Property Subtype Freestanding
Gross Internal Area 5,000 SF
Year Built 1982
Parking Ratio 4/1,000 SF

About the Property

SVN Stone Commercial Real Estate is please to announce the free standing building at 1123 Winchester Road for lease. This 5,000 SF building is currently being operated as a pawn shop and will be available for lease October 1st 2024. The property fronts busy Winchester Road with over 30,000 VPD and is located in a great retail corridor of Lexington. The space features ample parking, garage space in the back of the building with a roll up door, a large show room with private offices, and has been well maintained. For more information please contact Travis Rose, MBA at travis.rose@svn.com // (859) 806-1591.

  • Pylon Sign
  • Air Conditioning

Nearby Major Retailers

Waffle House
U.S. Bank
Chase Bank
Rent-A-Center
StorageMart
Krispy Krunchy Chicken
  • Listing ID: 32565972

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 1123 Winchester Rd, Lexington, KY 40505

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