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Gardenside Shopping Center 1801 Alexandria Dr 6,000 - 37,647 SF of Space Available in Lexington, KY 40504
HIGHLIGHTS
- Kroger Shadow anchored and Aaron's anchored Center
- Zoned B-1, Neighborhood Business.
- Easy access to Harrodsburg Road, New Circle Rd, Versailles Road, I-75/64, and the Bluegrass Airport
- Property is across from the newly renovated Kroger
- Large office suite option as well.
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 144 | 6,000 SF | 3 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $100,506 CAD/YR $8,376 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 148 | 12,500 SF | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $174,490 CAD/YR $14,541 CAD/MO | Triple Net (NNN) |
1801 Alexandria Dr - 1st Floor - Ste 144
Great opportunity for large retail space with the option to include Suite 144C - industrial space with docking for shipment and 10,000 SF of office space on second floor.Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.50 psf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 15,200 SF of adjacent space
- 5 Loading Docks
1801 Alexandria Dr - 1st Floor - Ste 148
Great opportunity for large retail space with the option to include Suite 144C - industrial space with docking for shipment and 10,000 SF of office space on second floor.Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.50 psf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 5 Loading Docks
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 144 | 6,000 SF | 3 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $100,506 CAD/YR $8,376 CAD/MO | Triple Net (NNN) | ||
| 1st Floor - 144C | 9,200 SF | 3 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $102,740 CAD/YR $8,562 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 148 | 12,500 SF | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $174,490 CAD/YR $14,541 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 244 | 9,947 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $166,623 CAD/YR $13,885 CAD/MO | Triple Net (NNN) |
1801 Alexandria Dr - 1st Floor - Ste 144
Great opportunity for large retail space with the option to include Suite 144C - industrial space with docking for shipment and 10,000 SF of office space on second floor.Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.50 psf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 15,200 SF of adjacent space
- 5 Loading Docks
1801 Alexandria Dr - 1st Floor - 144C
Warehouse storage/distribution center with 4 dock doors in the rear of the shopping center. Potential to be combined with suite 144B for a larger retail/distribution company. Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.50psf.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 15,200 SF of adjacent space
1801 Alexandria Dr - 1st Floor - Ste 148
Great opportunity for large retail space with the option to include Suite 144C - industrial space with docking for shipment and 10,000 SF of office space on second floor.Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.50 psf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 5 Loading Docks
1801 Alexandria Dr - 2nd Floor - Ste 244
9,947 sf. of second floor office space available. Entry through back of the shopping center. Tenant pays utilities. Common area maintenance (CAM) charged at the rate of $1.00 psf.
- Lease rate does not include utilities, property expenses or building services
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 broker 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.
SITE PLAN
SELECT TENANTS AT GARDENSIDE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Arthur Murray Dance Centers
- Dance
- 278
- International
- Boost Mobile
- Wireless Communications
- 4,491
- International
- Check Into Cash
- Check Cash/Quick Loans
- 907
- National
- El Gran Tako
- Restaurant
- 1
- Local
- H&R Block
- Acctg/Tax Prep
- 13,520
- International
- Metro by T-Mobile
- Wireless Communications
- 10,967
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Arthur Murray Dance Centers | Dance | 278 | International |
| Boost Mobile | Wireless Communications | 4,491 | International |
| Check Into Cash | Check Cash/Quick Loans | 907 | National |
| El Gran Tako | Restaurant | 1 | Local |
| H&R Block | Acctg/Tax Prep | 13,520 | International |
| Metro by T-Mobile | Wireless Communications | 10,967 | National |
PROPERTY FACTS
| Total Space Available | 37,647 SF | Center Properties | 3 |
| Max. Contiguous | 15,200 SF | Frontage | 667’ on Alexandria Dr |
| Center Type | Community Center | Gross Leasable Area | 118,087 SF |
| Parking | 512 Spaces | Total Land Area | 23.79 AC |
| Stores | 31 | Year Built | 1960 |
| Total Space Available | 37,647 SF |
| Max. Contiguous | 15,200 SF |
| Center Type | Community Center |
| Parking | 512 Spaces |
| Stores | 31 |
| Center Properties | 3 |
| Frontage | 667’ on Alexandria Dr |
| Gross Leasable Area | 118,087 SF |
| Total Land Area | 23.79 AC |
| Year Built | 1960 |
ABOUT THE PROPERTY
Keller Williams Commonwealth is pleased to offer this Kroger shadow anchored and Aaron's anchored retail opportunity in Lexington. Gardenside Shopping Center, immediately across the street from the newly renovated Kroger, is a 101,000 sf, 2 level center. There is expansive parking for tenants as well as a potential outlot for a restaurant, or stand alone retail or service business. Current availability offers anchor space up to 44,000 sf suites available for your new location! This neighborhood center is an ideal location for casual dining, boutique retail, office users and additional service retail locations. Gardenside Plaza boasts an average daily traffic count of 14,629 ('19) near the site with excellent visibility and multiple access points. The property is located between Harrodsburg Road and Versailles Road, and is close to New Circle Road, I-75/ I-64, Bluegrass Airport, and Keeneland Thoroughbred Race Course in the west end of Fayette County.
- Drive Thru
NEARBY MAJOR RETAILERS
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Gardenside Shopping Center | 1801 Alexandria Dr
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