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French Quarter Square 2573 Richmond Rd 2,561 SF of Retail Space Available in Lexington, KY 40509
HIGHLIGHTS
- Located near the intersection of Richmond Road and New Circle Road
- Anchored by Sun Tan City and Posh Salon & Spa
- Traffic count of +/-44,059 VPD in front of the center
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite 390 | 2,561 SF | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $89,374 CAD/YR $7,448 CAD/MO | Triple Net (NNN) |
2573 Richmond Rd - 1st Floor - Ste Suite 390
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
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 FRENCH QUARTER SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bella Forno
- Restaurant
- 1
- Local
- Geno's Formal Affair
- Formal Wear
- 3
- Local
- Posh Salon & Spa LLC
- Salon/Barber/Spa
- 2
- Local
- Sun Tan City
- Tanning Salon
- 320
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bella Forno | Restaurant | 1 | Local |
| Geno's Formal Affair | Formal Wear | 3 | Local |
| Posh Salon & Spa LLC | Salon/Barber/Spa | 2 | Local |
| Sun Tan City | Tanning Salon | 320 | National |
PROPERTY FACTS
| Total Space Available | 2,561 SF | Frontage | 312’ on Richmond Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 37,897 SF |
| Parking | 200 Spaces | Total Land Area | 3.00 AC |
| Center Properties | 1 | Year Built | 1988 |
| Total Space Available | 2,561 SF |
| Center Type | Neighborhood Center |
| Parking | 200 Spaces |
| Center Properties | 1 |
| Frontage | 312’ on Richmond Rd |
| Gross Leasable Area | 37,897 SF |
| Total Land Area | 3.00 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
NAI Isaac is pleased to present French Quarter Square, consisting of +/-37,500 square feet of retail/office space. Currently anchored by Sun Tan City and Posh Salon & Spa. The project also features several specialty shops and service businesses. Doubletree by Hilton, a 155-key full-service hotel competes with the highest quality lodging properties in the Lexington market. French Quarter Square is an attractive center located at the intersection of New Circle and Richmond Roads on the southeast side of Lexington. The traffic count on Richmond Road (US 25) in front of the center is 44,059 VPD. Coupled with the dynamics of the location, this mixed-use center enjoys the added attribute of strong demographics. These elements have been the basic ingredients for the success of French Quarter Square.
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
French Quarter Square | 2573 Richmond Rd
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