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Gardenside Plaza 2 Retail Properties Offered at $8,941,530 CAD in Lexington, KY
INVESTMENT HIGHLIGHTS
- First Time on Market!
- Strong 8.06% cap rate with below market rents.
- Stable 100% Occupancy with National Credit Tenants (Dollar General, USPS, Oak St. Health, Chase Bank)
- Strategically located neighborhood shopping center with over 10,000 households in a 1.5 mile radius (Avg. HHI: $88,295)
EXECUTIVE SUMMARY
SVN Stone Commercial Real Estate is pleased to present Gardenside Plaza, a well-established neighborhood shopping center located off Alexandria Drive in Lexington, Kentucky. This investment opportunity is home to a diverse mix of local and regional tenants, serving the surrounding residential neighborhoods with daily needs and services. The center features strong occupancy, steady foot traffic, and ample parking, making it a reliable income-producing asset. With its infill location in a densely populated area and proximity to major thoroughfares, Gardenside Plaza offers investors a stable, low-maintenance property with long-term value and growth potential.
PROPERTY FACTS
| Price | $8,941,530 CAD | Number of Properties | 2 |
| Price / SF | $124.37 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.06% | Total Building Size | 71,892 SF |
| Sale Type | Investment | Total Land Area | 15.69 AC |
| Status | Active |
| Price | $8,941,530 CAD |
| Price / SF | $124.37 CAD / SF |
| Cap Rate | 8.06% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 71,892 SF |
| Total Land Area | 15.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1743 Alexandria Dr, Lexington, KY 40504 | Retail | 60,000 SF | 1964 | - |
| 1701 Alexandria Dr, Lexington, KY 40504 | Retail | 11,892 SF | 1965 | - |
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Gardenside Plaza
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