Shopping Center Retail
For Lease
$21 SF/Yr
120 W Tiverton Way, Lexington, KY 40503
COMMERCIAL - Lexington, KY
Space SizeContact for details
Lot Size11.63 Acres
Days on Market160
Property Features for 120 W Tiverton Way
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
B-3
Zoning description
B-3
Subdivision
Commercial
Directions
Next to Half Priced Books
Standard status
Active
APN
2201790.0
Size
12,325 SF
Lot size
11.63 Acres
Building Details
Year built
1987
Listing Agency:
True Line Real Estate
(859) 721-2994
Listed By:
Hunter Porter · License #223526
(859) 327-8987
Added: Mar 6
Changed: Aug 4
Last Checked: Aug 13 at 7:06AM
MLS# 26004210
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Retail space is available within Fayette Place, an established shopping center comprising 12,325 square feet on an 11.63-acre site. The property was built in 1987 and carries B-3 zoning. The center’s tenant roster includes Ross, Shoe Carnival, Carter's, and Dollar Tree, providing a built-in retail setting for the available space.
Fayette Place is positioned along Nicholasville Rd in Lexington, adjacent to Fayette Mall and across from The Summit at Fritz Farm. The site is less than 2 miles from the University of Kentucky, which has more than 30,000 students, and sits within a densely populated retail and residential area. Reported traffic volume is 77,000 VPD.
Fayette Place is positioned along Nicholasville Rd in Lexington, adjacent to Fayette Mall and across from The Summit at Fritz Farm. The site is less than 2 miles from the University of Kentucky, which has more than 30,000 students, and sits within a densely populated retail and residential area. Reported traffic volume is 77,000 VPD.
Key Highlights
- 12,325‑square‑foot shopping center on an 11.63‑acre site
- B‑3 zoning with improvements built in 1987
- National tenant roster includes Ross, Shoe Carnival, Carter's, and Dollar Tree
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
1.1M
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 28%
Dining 23%
Superstores 15%
Shops & Services 11%
Walmart
Superstores
159,361 visits/mo
0.2 miles
DICK'S Sporting Goods
Apparel
118,205 visits/mo
0.4 miles
Dillard's
Apparel
57,252 visits/mo
0.4 miles
Cinemark Fayette Mall
Leisure
55,513 visits/mo
0.2 miles
Whole Foods Market
Groceries
46,316 visits/mo
0.3 miles
Demographics for 40503, KY
28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$22.5 /SF/Yr
Avg Asking Price
$9–$38 /SF/Yr
Price Range
67,171 SF
Avg Space Size
This space is priced 7% below the average of $22.5 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tiverton Plaza — 4013 Nicholasville Rd, Lexington, KY 40503
- The Summit at Fritz Farm — 120 Summit At Fritz Farm #155, Lexington, KY 40517
- Coinstar Kiosk | Bitcoin ATM — Kroger - Louisville, 106 Marketplace Cir, Georgetown, KY 40324
- Coin Cloud Bitcoin ATM — 4096 Nichols Park Dr, Lexington, KY 40503
- Anthony Vince Nail Spa — 122 Marion STE 120, Lexington, KY 40517
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space within an established shopping center on a major retail corridor.
Where is this shopping center located?
The property is located at 120 W Tiverton Way Lexington, KY.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 12,325‑square‑foot shopping center on an 11.63‑acre site; B‑3 zoning with improvements built in 1987; National tenant roster includes Ross, Shoe Carnival, Carter's, and Dollar Tree
