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Flexible Commercial Space in Lexington
For Lease
$9 SF/Yr

183 Moore Drive, Lexington, KY 40503

COMMERCIAL - Lexington, KY

Space SizeContact for details
Property Size12,400 SF
Lot Size0.55 Acres
Days on Market122

Property Features for 183 Moore Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-3
Parking 10
Parking features Open
Subdivision Commercial
Directions Typical Directions (from downtown Lexington): Head south on S Broadway (US-27) Turn right onto Waller Ave Continue onto Nicholasville Rd (US-27 S) Turn right onto Moore Dr Continue straight - 183 Moore Dr will be on your right
Standard status Active
APN 10476210
Size 12,400 SF
Lot size 0.55 Acres

Utilities

Sewer type Public Sewer

Building Details

Year built 1977
Floors in Building 2
Listing Agency: Bluegrass Commercial Real Estate
Listed By: Hogan Goodwin
Added: Apr 7 Changed: Aug 4 Last Checked: Aug 6 at 8:06PM
MLS# 26007292

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.

Available now, this 12,400 square foot second-floor commercial space is located just steps off Nicholasville Road. The property is well-suited for office, retail, or showroom use, with a layout designed to accommodate a variety of businesses. It features a large open workspace with high ceilings, expansive front windows providing abundant natural light, three spacious executive offices or showrooms, and one private bathroom. The floor plan is flexible for collaborative or private use. The location provides excellent accessibility and traffic flow from Nicholasville Road. Centrally located just off Nicholasville Road, one of Lexington's busiest commercial corridors, the property offers easy access to New Circle Road and downtown Lexington. Nearby retailers, restaurants, and professional services drive consistent traffic to the area. The property is located in Lexington, Fayette County, Kentucky, with a lot size of 0.55 acres.

Key Highlights

  • Prime location just off Nicholasville Road with excellent accessibility and high visibility.
  • Flexible commercial space suitable for office, retail, or showroom use.
  • Large open workspace with high ceilings and abundant natural light.

Property Analytics

Current Use

Stephen Lawrence Ltd Discount Store Cutter Enterprises Hardware & Home Improvement Kristen Ellis Headshot ... (Bike/Boat/Book/etc) Store Ladybug Landing Discount Store Bourbon & Brides Wedding ... Wedding Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Locksmith Nursing Home Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,815
Businesses Nearby
615k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 29% Groceries 15% Apparel 7%
Chick-fil-A Dining
53,399 visits/mo 0.2 miles
Trader Joe's Groceries
46,788 visits/mo 0.4 miles
Kroger Groceries
42,605 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
41,053 visits/mo 0.1 miles
Five Below Shops & Services
39,156 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

$27.02 /SF/Yr
Avg Asking Price
$9–$45 /SF/Yr
Price Range
23,340 SF
Avg Space Size

This space is priced 67% below the average of $27.02 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile 12,400 sq ft space near Nicholasville Road.
Where is this retail space located?
The property is located at 183 Moore Drive Lexington, KY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Prime location just off Nicholasville Road with excellent accessibility and high visibility.; Flexible commercial space suitable for office, retail, or showroom use.; Large open workspace with high ceilings and abundant natural light.
More about this property
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