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105 SAND LAKE DR Lexington KY 40515-1442

[Locked] • APN 38227100

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Details
Property Type Land
Sub Type Commercial
Building SqFt 13,016
Lot SqFt 281,647
Acreage ******
Sold Date ******
Sold Price ******
Sold Price per Acre ******
Zoning Code B-3
Year Built 2010
Building Count 2
Opportunity Zone No
Sold Price/SqFt ******
Tax Year ******
Tax Assessed Value ******
Days on Market ******

Property History

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Property Type
Property Type
Land
Property Subtype
Commercial
Asking Details
Asking Cap Rate
******
Marketing Description

Anderson Commercial is pleased to present this unique opportunity to own a CarMax Ground Lease on 6.45 acres at the corner of Richmond Rd and Man O’ War Boulevard in Lexington-Fayette County, Kentucky.

The only CarMax in the City of Lexington and the Lexington-Fayette MSA (528,409 Population).

Richmond Rd is the busiest road in Lexington with an average annual daily traffic count of 180,340 and 77,389 cars per day at the Man O’ War and Richmond Rd intersection.

Contact Anderson Commercial

Attn: Clay Goodman

(859) 207-0030

[email protected]

Investment Highlights

The building is on a large 6.45-acre site. With great visibility at the high traffic corner of Man O’ War Blvd and Richmond Rd. The site is easily accessible by Richmond Rd (180,340 AADT), the busiest thoroughfare in the City of Lexington.

Highlights:

  • CarMax Ground Lease NNN

  • Price: $8,993,000.00 | NOI: $582,214.20

  • 10% increases every five (5) years

  • Four (4) five (5) year options

  • Large 6.45 AC site

  • 77,389 cars per day at the intersection of Man O’ War and Richmond Rd

  • The only open and operating CarMax in the Lexington-Fayette MSA

Contact Anderson Commercial

Attn: Clay Goodman

(859) 207-0030

[email protected]

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
DA
Dennis Anderson
•••.•••.4292
•ales@•••••••••••••••••.com
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