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Retail Center Suites
For Lease
$16 SF/Yr

740 Bypass Road, Winchester, KY 40391

Commercial Lease, Winchester, KY

Space Size1,050 SF
Lot Size0.95 Acres
Days on Market188

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
Added: Apr 23 Changed: Oct 2 Last Checked: Oct 27 at 7:06PM
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.

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Investment Insights

Based on property information with market context.

Hilltop Terrace Retail Center offers two available 1,050 SF suites within a 12,342-square-foot retail property. One suite is configured for office use, while the other provides an open retail layout, giving prospective occupants two distinct space formats.

The center occupies a 0.95-acre site at 740 Bypass Road in Winchester, Kentucky. Built in 1983, the property provides an established commercial setting for businesses seeking office or retail space.

Key Highlights

  • Two 1,050 SF suites available
  • One suite configured as office space
  • Second suite features an open retail layout

Property Analytics

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Open 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

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

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Winchester, KY

$14.74 /SF/Yr
Avg Asking Price
$11.95–$20 /SF/Yr
Price Range
16,916 SF
Avg Space Size

This space is priced 9% above the average of $14.74 /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

Frequently Asked Questions

What type of property is this?
Retail space - Two adaptable commercial suites offer office and open retail configurations within an established center.
Where is this retail space 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: Two 1,050 SF suites available; One suite configured as office space; Second suite features an open retail layout
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