120 Malabu Drive Lexington, KY 40503

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at 120 Malabu Drive Contact us

Listing Agency NAI Isaac Show Phone

Listed by P R Smith Show Phone

Source Thebrokerlist

Added: Jun 3 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 1:38 am

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Investment Insights

Based on property information with market context.

This offering presents a ground lease opportunity for a retail pad within The Venue, a new Lexington retail development. The outparcel is approximately 0.495 acres and is intended for either ground lease or build-to-suit development. The site can accommodate a building size of approximately 2,000 to 4,000 square feet depending on use and final design.

The Venue is located inside New Circle Road on Nicholasville Road, a highly trafficked retail corridor with approximately 45,326 VPD in front of the site. The development includes cross parking, supporting convenient customer access. Tenant activity in the surrounding project includes retailers and service concepts such as Dollar Tree, Jason’s Deli, and Tuk Tuk Snack Shop, along with other uses including fitness, childcare, eyecare, and local service operators.

This pad can be a strong fit for operators seeking to establish a small to mid-size retail presence within a purpose-built neighborhood retail hub. With build-to-suit options and on-site cross parking, the property supports a range of retail and service concepts designed to serve nearby residential areas and nearby employment and institutional demand.

Key Highlights

• 0.495‑acre retail pad outparcel for ground lease or build‑to‑suit within The Venue retail development
• Flexible building size of approximately 2,000–4,000 SF depending on use and final design
• Ground lease rate listed at $6,000/month NNN (reduced)

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FAQs

What type of property is this?

Commercial land - Ground-lease outparcel at a new retail development with flexible building size for neighborhood and destination retail uses.

Where is this commercial land located?

The property is located at 120 Malabu Drive Lexington, KY.

What are key features of this property?

This property features: 0.495‑acre retail pad outparcel for ground lease or build‑to‑suit within The Venue retail development; Flexible building size of approximately 2,000–4,000 SF depending on use and final design; Ground lease rate listed at $6,000/month NNN (reduced)