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Retail Suite with Office Layout
New
For Lease
$17 SF/Yr

115 Codell Dr Unit 110, Lexington, KY 40509

The interior is arranged with three offices, a reception area, and a restroom.

Space Size1,215 SF
Days on Market3

Property Features for 115 Codell Dr Unit 110

General Information

Standard status Active
Size 1,215 SF
Net Rentable 1,215 SF

Space & Availability

Available Space 1,215 SF
Contiguous Space 1,215 SF
Space Use Retail/Office
Available From 2026-12-01

Amenities

three offices
waiting area
restroom

Building Details

Year Built 2004
Tenancy Multi
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Meliarealty
Added: Oct 7 Last Checked: Oct 7 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Commonwealth

Investment Insights

Based on property information with market context.

This retail suite offers 1,215 square feet of finished space configured with three offices, a waiting area, and a restroom. The existing layout accommodates a mix of private work areas and shared reception space.

The suite is in Richmond Woods Shopping Center at 115 Codell Dr, Unit 110, in Lexington. The building was constructed in 2004, and availability is anticipated for December 1, 2026.

Key Highlights

  • 1,215 square feet of retail space
  • Finished layout includes three offices, a waiting area, and a restroom
  • Located in Richmond Woods Shopping Center

Property Analytics

Current Use

Edward Jones: Wierzbinski ... Financial Advisor Advantage Resourcing Employment Agency Ayame Japanese Market Grocery & Convenience Store Edward Jones - Financial ... Financial Advisor Shelter Insurance Insurance Agency

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Parking Lot & Garage

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby
389k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 24% Home Improvements & Furnishings 24% Office Supplies 2%
Chick-fil-A Dining
39,751 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
33,747 visits/mo 0.2 miles
McDonald's Dining
32,397 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
29,706 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
25,627 visits/mo 0.4 miles

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$32.78 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
40,845 SF
Avg Space Size

This space is priced 48% below the average of $32.78 /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
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Frequently Asked Questions

What type of property is this?
Retail space - The interior is arranged with three offices, a reception area, and a restroom.
Where is this retail space located?
The property is located at 115 Codell Dr Unit 110 Lexington, KY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,215 square feet of retail space; Finished layout includes three offices, a waiting area, and a restroom; Located in Richmond Woods Shopping Center
More about this property
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