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Three-Office Retail Suite
For Lease
$17 SF/Yr

115 Codell Drive #110, Lexington, KY 40509

The layout combines private office rooms with a reception area and restroom.

Space Size1,215 SF
Days on Market46

Property Features for 115 Codell Drive #110

General Information

Standard status Active
Size 1,215 SF
Net Rentable 1,215 SF
Zoning B-3

Space & Availability

Available Space 1,215 SF
Contiguous Space 1,215 SF
Available From 2026-12-01

Site & Location

Neighborhood Idle Hour Neighbors Alliance

Building Details

Building Size 1,215 SF
Year Built 2004
Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Bluegrasspropertiesgroup
Added: Sep 22 Changed: Nov 4 Last Checked: Nov 5 at 11:17PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,215-square-foot retail suite is configured with three offices, a waiting area, and a restroom. The property was built in 2004 and carries B-3 zoning.

The space is in Richmond Woods Shopping Center at 115 Codell Drive, Suite 110, in Lexington. Availability is anticipated for December 1, 2026.

Key Highlights

  • 1,215 square feet of retail space
  • 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

$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size

This space is priced 48% below the average of $32.8 /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 - The layout combines private office rooms with a reception area and restroom.
Where is this retail space located?
The property is located at 115 Codell Drive #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; Three offices, a waiting area, and a restroom; Located in Richmond Woods Shopping Center
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