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HIGHLIGHTS
- Adjacent to Regency Cinema
- Located just off I-75 at Exit 38 with area retailers including Walmart, Kroger, Tractor Supply, Office Depot, McAlister's Deli, Texas Roadhouse
- +/-5,000 SF endcap restaurant space
- Traffic count of +/-48,162 VPD on I-75 and +/-28,439 VPD on KY Hwy 192 near the site
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | $23.45 CAD/SF/YR $1.95 CAD/SF/MO $117,257 CAD/YR $9,771 CAD/MO | Modified Gross |
1st Floor
+/-5,000 SF endcap restaurant space adjacent to Regency Cinema
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
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.
PROPERTY FACTS
| Total Space Available | 5,000 SF | Gross Leasable Area | 36,000 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Freestanding |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 36,000 SF |
| Year Built | 1995 |
ABOUT THE PROPERTY
NAI Isaac is pleased to present +/-5,000 SF restaurant space for lease adjacent Regency Cinema in London, Kentucky. The property is located on Highway 192 in close proximity to I-75 at Exit 38 and Hal Rogers Parkway. The city of London is located 90 miles South of Lexington, Kentucky and 70 miles north of Knoxville, Tennessee. London’s southern location is just minutes from Interstate 75, the major North-South corridor in the Eastern United States. This interstate brings prosperity, enterprise, industry and resources to Laurel County, which lines its route. London also benefits from the Daniel Boone Parkway which provides access to Eastern Kentucky.
- Freeway Visibility
- Restaurant
- Security System
- Wheelchair Accessible
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
Regency Cinema Restaurant Space | 1868 KY-192
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