Signalized-Corner Commercial
For Lease
Contact for pricing
1170 Newtown Pike, Lexington, KY 40511
Two conceptual retail development programs support ground-lease or built-to-suit planning on a highly visible site.
Space SizeContact for details
Days on Market49
Property Features for 1170 Newtown Pike
General Information
Standard status
Active
Property subtype
Land
Zoning
A-U
Listing Agency:
Block & Lot Real Estate
(859) 309-0099
Listed By:
Lauren Cambron · License #78932
(859) 309-0099
Source:
Kcrea.resimplifi
Added: Jul 15
Changed: Aug 29
Last Checked: Aug 31 at 1:23PM
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 Block & Lot Real Estate
Investment Insights
Based on property information with market context.
This 2.87-acre commercial land offering at 1170 Newtown Pike includes two conceptual development programs. One plan covers a 1.11-acre parcel with a 986-square-foot single-tenant building and 20 parking spaces, while the other proposes a roughly 7,000-square-foot multi-tenant building with a drive-through on 1.76 acres and 77 parking spaces. The concepts include retail, a quick-service format, and a coffee-shop example.
The property occupies a signalized corner along Newtown Pike, where traffic is reported at 39,670 AADT. I-64/I-75 access is approximately 1.5 miles away, and the site is located off New Circle Road, Lexington’s 19.3-mile inner beltway. It is south of a Kroger-anchored shopping center and surrounded by high-density residential development.
The site is positioned for either a ground lease or built-to-suit structure, subject to the proposed development concepts and applicable approvals. Zoning is A-U.
The property occupies a signalized corner along Newtown Pike, where traffic is reported at 39,670 AADT. I-64/I-75 access is approximately 1.5 miles away, and the site is located off New Circle Road, Lexington’s 19.3-mile inner beltway. It is south of a Kroger-anchored shopping center and surrounded by high-density residential development.
The site is positioned for either a ground lease or built-to-suit structure, subject to the proposed development concepts and applicable approvals. Zoning is A-U.
Key Highlights
- Approximately 2.87 acres of commercial land
- Signalized Newtown Pike corner with 39,670 AADT
- 1.76‑acre multi‑tenant concept with approximately 7,000 SF and 77 parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two conceptual retail development programs support ground-lease or built-to-suit planning on a highly visible site.
Where is this commercial land located?
The property is located at 1170 Newtown Pike Lexington, KY.
What are key features of this property?
This property features: Approximately 2.87 acres of commercial land; Signalized Newtown Pike corner with 39,670 AADT; 1.76‑acre multi‑tenant concept with approximately 7,000 SF and 77 parking spaces
