B-5 Development Land in Prime Location For Sale / Lease

Vacant Land for Sale
Catylist Listing ID: 30875730
Property Subtypes: Industrial, Retail
Gross Land Area: 28.96 Acres
Sale Price: See Agent
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/14/2024

Overview / Comments

We are pleased to present this new development opportunity at the corner of E Main Extended and McClelland Circle in Georgetown, KY. This property has recently been purchased by a large retail developer and will have multiple out parcels available for ground lease or build to suit. Wawa will anchor the site and be located at the corner. There are four outparcels available for lease, and the lot lines can potentially be adjusted per specific tenants’ needs. . See site plan for details regarding each lot. There is also an 18.8 acre lot (Lots 1-2) available for sale, lease, or build-to-suit and is ideal for flex retail/industrial space, self storage, and other uses that meet B-5 zoning regulations. This property is close to Toyota Motor Manufacturing Plant, Georgetown College, Interstate 75, Amerson Retail Center and Apartments (under construction), and Creekside Elementary School.

Highlights:
- New Wawa-anchored planned retail development!
- Multiple Outparcels Available for Ground Lease or Build-to-Suit
- Lot 3 - 2.49 acres; Lot 4 - 3.01 acres; Lot 5 - 2.75 acres; Lot 6 - 1.91 acres; Lot 7 - 4.77 acres LEASED to Wawa
- Lots 1 & 2 also available For sale, lease or build to suit
- Close proximity to Toyota Manufacturing (10,019 employees) and Georgetown College
- Situated near I-75 Exit 125 (63,309+ VPD)

Additional Details

Nearest MSA: Lexington-Fayette
County: Scott
Tax ID/APN: 190-30-050.001
Zoning: B-2, B-5, AND C-1
Area Description: Georgetown, Kentucky, located 10 miles north of Lexington off I-75, is the county seat of Scott County and home to Georgetown College, a private liberal arts institution. The city takes pride in its rich heritage and has experienced significant growth in recent years. According to the US Census Bureau, Scott County remains one of the fastest-growing counties in Kentucky, with a population now exceeding 60,000. The opening of Toyota Motor Manufacturing Kentucky has been a major catalyst for this growth, significantly boosting local employment and contributing to the prosperity of the city, county, and school system. Georgetown benefits from well-equipped and highly trained Fire, Police, and Public Works Departments, ensuring top-notch public services. The city offers a variety of amenities including downtown shopping, malls, numerous restaurants, recreational activities, and sports facilities. The scenic surroundings and vibrant community life are enhanced by the presence of Georgetown College, making Georgetown a thriving and dynamic place to live and work.
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,027 30,077 35,541
Median Age: 28.74 32.74 33.8
Households: 2,031 11,170 13,163
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