115 Lee Ave Pikeville, KY 41501
Two-tenant retail center anchored by Fast Pace Urgent Care.
Type:Shopping Strip
Property size:
8,500 SFLot size:
1.55 AcresPrice / SF:
$429/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:02 am
Property Features for 115 Lee Ave
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 1.55 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2018
Listing agent Brian Munn License #GA: 263081 (678) 808-2767
Listing office Atlanta Office (678) 808-2767
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Pikeville Retail Center For Sale
This 8,500 square foot, two-tenant retail center is situated on 1.55 acres in Pikeville, Kentucky. Constructed in 2018, the property is an out-parcel to a Walmart Supercenter, which ranks highly in Kentucky with approximately 3.4 million visitors. The location benefits from high traffic, with approximately 31,901 cars per day on State Route 460 (N. Mayo Trail). The center is leased to Fast Pace Urgent Care and Mattress Warehouse, both with corporate guarantees. Fast Pace Urgent Care's lease expires on January 31, 2035, and includes 10% rental escalations every 5 years. Mattress Warehouse's lease expires on October 31, 2028, also with 10% escalations every 5 years. Fast Pace Health, one of the largest urgent care operators in the US with over 320 clinics, partnered with First Care Clinics in July 2022 and will rebrand this location to Fast Pace. Mattress Warehouse, established in 1989, operates over 520 locations nationwide and acquired 176 additional store locations on May 1, 2025. The property is located in a high barrier to entry market due to the challenging topography, making this retail corridor highly desirable. The average household income in a 1-mile radius is over $105,000. Pikeville is the county seat of Pike County and home to Pikeville Medical Center, a 340-bed facility with over 3,100 employees and Kentucky’s only Level II Trauma Center.
Location Intelligence
Current Use by Public Records
BRITTANY TACKETT
Physician
Sleep Outfitters
Furniture & Home Goods
April Estep
Physician
First Care Urgent ...
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Pikeville
- County
- Pike
- State
- Kentucky
- Longitude
- -82.513
- Latitude
- 37.5348
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Two-tenant retail center anchored by Fast Pace Urgent Care.
Where is this strip mall located?
The property is located at 115 Lee Ave Pikeville, KY.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Located as an out‑parcel to the #3 ranked Walmart Supercenter in Kentucky with 3.4M visitors annually, ensuring **high visibility and customer traffic**.; **Long‑term leases** in place with Fast Pace Urgent Care and Mattress Warehouse, both featuring 10% rental escalations every 5 years.; Corporate guarantees from Fast Pace Urgent Care and Mattress Warehouse, providing **financial stability**.
