Retail Space
162 Old Todds Road Lexington, KY 40509
Details & Description
Price: $2,595,000
    SVN Stone Commercial Real Estate is pleased to offer this fully leased Investment property FOR SALE. Great Annual Rents with Medical, Retail mix located along the commercial area of Richmond Road in Lexington, one of its major arteries, 43,576 vehicles per day. This Solid concrete construction consists of two street level spaces (4,990sf & 2,510sf) and four second floor spaces (685sf, 1,660sf, 2,295 sf & 3,131 sf). Elevator serves the second floor spaces. All units have individual heat pumps for heat and air, as well as, private bathrooms. For a review of the financials or to set up a tour of the property please contact Earl Brady or Neal Metcalfe 859-264-0888.HighlightsMix of retail & medical officesFully leasedSolid concrete constructionIndividual heat & air for each unit43,576 VPD on Richmond RoadNext to Lowe's, restaurants, banks, retail, & office buildingsCurrent NOI is $193,000 and Cap becomes a 7.4%
    Listing Agents
    Earl Brady

    O: 859-264-0888
    M: 859-619-0160
    earl.brady@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    162 Old Todds Road

    Lexington, KY 40509

    Listing ID: 221575
    • 162 Old Todds Road Lexington, KY 40509 | for Sale | Photo 1
    • 162 Old Todds Road Lexington, KY 40509 | for Sale | Photo 2
    • 162 Old Todds Road Lexington, KY 40509 | for Sale | Photo 3
    162 Old Todds Road | for Sale | Thumbnail 1
    162 Old Todds Road | for Sale | Thumbnail 2
    162 Old Todds Road | for Sale | Thumbnail 3
    Building Size: 16,000 SF
    Lot Size: 0.803 AC
    Land Size: 34,978 SF
    Building $/SF: $162.19
    Land $/SF: $74.19
    Price
    $2,595,000
    Description

    SVN Stone Commercial Real Estate is pleased to offer this fully leased Investment property FOR SALE. Great Annual Rents with Medical, Retail mix located along the commercial area of Richmond Road in Lexington, one of its major arteries, 43,576 vehicles per day. This Solid concrete construction consists of two street level spaces (4,990sf & 2,510sf) and four second floor spaces (685sf, 1,660sf, 2,295 sf & 3,131 sf). Elevator serves the second floor spaces. All units have individual heat pumps for heat and air, as well as, private bathrooms. For a review of the financials or to set up a tour of the property please contact Earl Brady or Neal Metcalfe 859-264-0888.

    Highlights

    Mix of retail & medical offices

    Fully leased

    Solid concrete construction

    Individual heat & air for each unit

    43,576 VPD on Richmond Road

    Next to Lowe's, restaurants, banks, retail, & office buildings

    Current NOI is $193,000 and Cap becomes a 7.4%

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lexington History of Retail Space for Sale

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    Lexington Area Market Trends

    Listing Demographics for 162 Old Todds Road Lexington, KY 40509

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,42198,994221,902
    Population Median Age353736
    Population by Age0-9 Yrs1873 (12%)12018 (12%)25542 (11%)
    10-19 Yrs1450 (10%)11400 (11%)28188 (12%)
    20-29 Yrs3147 (21%)18317 (18%)47065 (21%)
    30-39 Yrs2546 (17%)14463 (14%)31151 (14%)
    40-49 Yrs1660 (11%)12698 (12%)25440 (11%)
    50-59 Yrs1593 (11%)11325 (11%)24880 (11%)
    60-69 Yrs1087 (7%)10291 (10%)21855 (9%)
    70+ Yrs1066 (7%)8480 (8%)17782 (8%)
    Median HH Income$43,961$58,443$53,642
    Total Household Income< 24K1759 (26%)8589 (20%)21502 (23%)
    25-49K2102 (31%)10129 (23%)22288 (24%)
    50-74K1404 (20%)7496 (17%)16051 (17%)
    75-99K663 (9%)4811 (11%)10341 (11%)
    100-199K644 (9%)8375 (19%)16917 (18%)
    200K+148 (2%)3306 (7%)5621 (6%)
    Highest Education LevelNo Diploma777448311398
    Diploma or GED23181120226799
    Some College23321330128973
    Assoc. Degree908511110742
    Bachelors Degree20971777135072
    Higher Degree12931420227722
    Total Housing Units7,27446,458101,863
    --Owner-Occupied2,27422,27246,534
    --Renter-Occupied4,44720,43446,186
    Owner-Occupied Values< 100K62924035801
    100-199K1222859319117
    200-299K170396110264
    300-399K9730475404
    400-499K7316372425
    500K+8226313523
    Total Working Age Population11,72180,240182,229
    In Work Force8,74957,008125,246
    Not In Work Force2,97223,23256,983
    Workforce Employed8,28054,506118,476
    Workforce Unemployed4372,3966,577
    Civlian Workforce8,71856,903125,053
    Military Workforce31105194
    Total Households6,72042,70692,720
    Family Households3,11223,90249,952
    Non-Family Households3,60918,80342,768
    Married Couple1,72516,89434,518
    Other Family1,3877,00915,434
    Married w/Child6256,37313,725
    Single Male w/Child2109021,974
    Single Female w/Child6603,2216,594

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Bourbon County19,360+319,985+120,090-119,897
    Fayette County260,512+14295,803+13333,580+13375,637
    Jessamine County39,041+2448,586+1656,126+1564,398

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 162 Old Todds Road in Lexington?
    The asking price for 162 Old Todds Road is $2,595,000
    What is the building size of this Retail property in Lexington, KY?
    The size of the building/unit at 162 Old Todds Road in Lexington is 16,000 square feet
    How much land does the Lexington, KY property at 162 Old Todds Road include?
    162 Old Todds Road in Lexington includes 0.803 acres of land
    What kind of Retail is the propery at 162 Old Todds Road?
    The property at 162 Old Todds Road Lexington, KY 40509 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 162 Old Todds Road in Lexington?
    The population within 1 mile of 162 Old Todds Road Lexington, KY 40509 is 14,421 people.
    Who do I contact for questions about 162 Old Todds Road?
    You should contact the listing agent, Earl Brady, for any details regarding this commercial listing.

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    278 Southland Drive, Lexington, KY $2,300,000 16300 1.5
    1006 Amberly Way, Richmond, KY CALL 8032 1.73
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    115 Lemay Road, Lancaster, KY $175,000 3000 0.75
    853 Eastern Bypass, Richmond, KY $1,200,000 5448 1.32

    Closest Commercial Airports

    Airport Distance (mi)
    Blue Grass Airport (LEX) 9
    Louisville Muhammad Ali International Airport (SDF) 71
    Cincinnati Northern Kentucky International Airport (CVG) 73