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Retail Center Office and Retail Suites
For Lease
$16 SF/Yr

740 Bypass Road, Winchester, KY 40391

COMMERCIAL - Winchester, KY

Space Size1,050 SF
Lot Size0.95 Acres
Days on Market138

Property Features for 740 Bypass Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-3
Subdivision Commercial
Directions Off Bypass Road in Winchester, KY
Standard status Active
APN 1A
Size 12,342 SF
Lot size 0.95 Acres

Building Details

Year built 1983
Floors in Building 1
Listing Agency: The Gibson Company
Listed By: Christa Collins · License #239962
Added: Apr 23 Changed: Aug 4 Last Checked: Sep 7 at 4:06PM
MLS# 26008894

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.

Hilltop Terrace Retail Center offers two available suites for lease. One 1,050 SF space is currently set up as office space, and the second 1,050 SF suite is presented as an open retail space.

The center is located at 740 Bypass Road in Winchester, KY, on the Bypass, providing straightforward frontage along the corridor.

These suites can work well for a variety of office or retail needs, depending on the tenant’s layout preferences and operational requirements. The available configurations—office setup versus open retail—offer flexibility for incoming businesses.

Key Highlights

  • Hilltop Terrace Retail Center on the Bypass in Winchester offers two 1,050 SF spaces available
  • One suite is set up as office space
  • Second suite features an open retail layout

Property Analytics

Current Use

Beltone Hearing Aid ... Hearing Aid Store Healthy Smiles of the Bluegrass, ... Dental Office Astro Vape (Bike/Boat/Book/etc) Store Plaza Barber Shop Barber Shop Cilantro Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Pharmacy

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value

Market

Lease Benchmarks for Winchester, KY

$14.75 /SF/Yr
Avg Asking Price
$12–$19 /SF/Yr
Price Range
41,036 SF
Avg Space Size

This space is priced 8% above the average of $14.75 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Winchester Plaza 8 Winchester Plz, Winchester, KY 40391

Frequently Asked Questions

What type of property is this?
Shopping center - Two adjacent suites are available, one office-configured and one open retail space at Hilltop Terrace Retail Center.
Where is this shopping center located?
The property is located at 740 Bypass Road Winchester, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Hilltop Terrace Retail Center on the Bypass in Winchester offers two 1,050 SF spaces available; One suite is set up as office space; Second suite features an open retail layout
More about this property
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