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Lancaster Retail Center For Sale
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150 Pleasant Retreat Drive, Lancaster, KY 40444

Multi-tenant retail center with available space and ample parking.

Property Size20,000 SF
Price / SF$0.05
Days on Market202

Property Features for 150 Pleasant Retreat Drive

General Information

Standard status Active
Size 20,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 20,000 SF

Properties For Sale

at 150 Pleasant Retreat Drive Contact us

Suite 146

Size
2,000 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite 148

Size
1,900 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite 160

Size
8,000 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency:
Listed By: Paul Ray Smith, Jr · License #KY #183529
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 17 at 5:38AM

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 Paul Ray Smith, Jr

Investment Insights

Based on property information with market context.

This multi-tenant retail center, totaling approximately 20,000 square feet, is located in Lancaster, Kentucky. Available space for lease ranges from approximately 1,900 to 8,000 square feet. The property benefits from a traffic count of approximately 9,022 ADT volume on US Highway 27, which runs in front of the center, and offers ample parking. Current tenants include Save-A-Lot Grocery, Walgreens, H&R Block, and Family Crafts & Flowers. The property is situated on Pleasant Retreat, just off US Highway 27, a heavily traveled north-south route from Lexington to Somerset. It is located one mile south of the Square in Lancaster and six miles north of Stanford. Lancaster is the county seat of Garrard County, located 27 miles south of Lexington. The center is under new ownership, with improvements planned.

Key Highlights

  • High traffic location: +\/-9,022 ADT volume on US Hwy 27.
  • Anchored by established tenants: Join Save‑A‑Lot Grocery, Walgreens, H&R Block, and Family Crafts & Flowers.
  • Available space: +\/-1,900 - 8,000 SF available for lease.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40444, KY

14,075
Population
6,096
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
159.5 sq mi
ZIP Area
88
Density / Sq Mi
$62,324
Median Household Income
$40,473
Median Earnings
$785
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with available space and ample parking.
Where is this shopping center located?
The property is located at 150 Pleasant Retreat Drive Lancaster, KY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: High traffic location: +\/-9,022 ADT volume on US Hwy 27.; Anchored by established tenants: Join Save‑A‑Lot Grocery, Walgreens, H&R Block, and Family Crafts & Flowers.; Available space: +\/-1,900 - 8,000 SF available for lease.
More about this property
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