NAI Isaac - Central KY Commercial Real Estate Blog

As Business First previously reported, the jobless situation in Kentucky improved last month. Kentucky’s unemployment rate for March was 8.6 percent, down from 8.5 percent in February. During the past year, Kentucky has seen growth in professional and business services and in the leisure and hospitality sectors. Read full article here: http://www.bizjournals.com/louisville/news/2012/04/26/us-unemployment-claims-decline-to-388k.html?ana=twt

NAI Isaac facilitated the sale of a limited service car wash facility, currently operated as Soapy Joe’s. Located in Todds Center, the facility was sold to Sure Shine, LLC. Al Isaac and Jamie Adams of NAI Isaac Commercial Properties, represented the seller, Traditional Bank.

NAI Isaac brokered the sale of 7160 North Mayo Trail in Pikeville, KY and 189 West Highway 195 in London, KY. The Pikeville facility is a +6,576 SF free standing medical office building on 4.3 AC and the London facility is a +5,594 SF free standing medical office building on 1.37 AC. The buildings were purchased by an investor for $1.85M. Al Isaac, President of NAI Isaac Commercial Properties, handled the transaction for the Seller, Physicians Services, P.S.C.

Texas Roadhouse will open its 2nd location in the Beaumont Centre in Lexington, KY. Texas Roadhouse will construct its new proto-type restaurant design on 2 acres of land at 3030 Lakecrest Circle just off Harrodsburg Road. Texas Roadhouse first opened in 1993 and is now an international restaurant with over 366 locations across the United States. The Beaumont Centre Texas Roadhouse is slated to open in August 2012. For more information, visit www.texasroadhouse.com . Al Isaac, President of NAI Isaac Commercial Properties, represented with the Landlord and Michael Tabor of Trio Commercial represented the Tenant in the long-term lease.

Chick-fil-A has opened a limited-service location on the 5th floor of Chase Tower at 201 East Main Street in downtown Lexington. Chick-fil-A will be open for lunch from 11am to 2pm weekdays. With food delivered to it from the Fayette Mall location, it is first come, first serve - so don’t miss this new lunch opportunity! Chase Tower is exclusively leased and managed by NAI Isaac Commercial Properties.