FOR SALE/LEASE DOWNTOWN CORNER LOT WITH PARKING

591 WEST SHORT ST Lexington, KY 40507

PRESENTED BY:

WADE HAGA C: 859.285.2202 [email protected]

WESTON LOCKHART C: 859.317.3538 [email protected] OFFERING SUMMARY PROPERTY OVERVIEW

SALE PRICE: $385,000 SVN Stone Commercial Real Estate is pleased to offer retail / office space for sale and lease with 10 parking spaces. The property is located at the corner of Jefferson Street and Short Street, only one block from Rupp LEASE RATE: $2,750.00 per month Arena at Central Bank Center. The B-1 zoning provides for a variety of retail and professional office uses. An (NNN) owner or tenant can collect additional revenue by offering parking for events at and the Central Bank Center, which is undergoing expansion. BUILDING SIZE: 1,000 SF

YEAR BUILT: 1928 Contact Wade Haga, [email protected] / 859.285.2202 or Weston Lockhart, [email protected] / 859.317.3538 for more details or to schedule a tour! ZONING: B-1 PROPERTY HIGHLIGHTS • Retail / Office Space for Sale or Lease

• 10 On-Site Parking Spaces Available in Lexington's Central Business District

• Event Parking Provides Additional Revenue Stream

• Close Proximity to Rupp Arena at Central Bank Center, Downtown Offices & Attractions

WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 2 WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 3 WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 4 WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 5 POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 14,108 102,100 220,619

AVERAGE AGE 31.5 32.9 34.7

AVERAGE AGE (MALE) 30.3 32.0 33.6

AVERAGE AGE (FEMALE) 33.5 34.0 35.9

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 6,949 43,029 95,397

# OF PERSONS PER HH 2.0 2.4 2.3

AVERAGE HH INCOME $34,961 $48,202 $55,679

AVERAGE HOUSE VALUE $126,751 $226,604 $213,127

* Demographic data derived from 2010 US Census

WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 6 Wade Haga Advisor SVN | Stone Commercial Real Estate

Wade serves as an Advisor of SVN Stone Commercial Real Estate, specializing in Lexington's downtown and office markets. Wade also has experience in retail and industrial sales and leasing, and collaborating with engineers, architects and contractors to advise land owners through the process of preparing their real state for development.

Wade earned a degree in Finance and Spanish at Western University where he was a campus ambassador and founding member of his fraternity chapter. He was chosen as a Project Leader for the 2017-2018 Class of Commerce Lexington's Leadership Lexington program.

Phone: 859.264.0888 Prior to joining the SVN Stone Commercial Real Estate team, Wade worked as a Sales Associate with Alton Webb & Associates Commercial Real Estate, Cell: 859.285.2202 serving markets across Central Kentucky. He is currently involved at Southland Christian Church, enjoys spending time with friends and family, and loves Email: [email protected] being outside for a hike or run. You can contact him at 859.285.2202 or [email protected]. 300 E. Main Street, Suite 220 Lexington, KY 40507

Weston Lockhart Associate Advisor SVN | Stone Commercial Real Estate

Weston Lockhart serves as an Advisor with SVN Stone Commercial Real Estate specializing in Investment Sales, Retail, and Medical Office. Weston joined SVN | Stone in an Advisor role in 2018 after serving on the marketing team.

Weston attended the Gatton College of Business and Economics at the . While in college, Weston was involved in various organizations and was a volunteer lacrosse coach at a local middle school. He gets excited for anything marketing and branding and takes pride in being able to connect others to assets & opportunities that can provide them value.

Phone: 859.317.3538 Being a Lexington native, Weston currently resides in the heart of Downtown Lexington. On the weekends you can find him out hiking at Red River Gorge, Cell: 859.317.3538 tailgating for his beloved , or coaching on the sideline for Frederick Douglass High School. You can contact Weston at 859-317-3538 or Email: [email protected]. [email protected] 300 E. Main Street, Suite 220 Lexington, KY 40507 The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully xe ecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

WADE HAGA WESTON LOCKHART C: 859.285.2202 C: 859.317.3538 [email protected] [email protected]

DOWNTOWN CORNER LOT WITH PARKING 591 W Short St Lexington, KY 40507 SVN | STONE COMMERCIAL REAL ESTATE 8