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Retail Space in Mixed-Use Development
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130 Lucille Dr, Lexington, KY 40511

B-3-zoned space within a mixed-use community with retail, commercial, and residential components.

Space SizeContact for details
Days on Market1627

Property Features for 130 Lucille Dr

General Information

Standard status Active
Property subtype Retail
Zoning B-3

Spaces For Lease

at 130 Lucille Dr
Available Space $26/Mo
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Listing Agency: Anderson Communities, Inc.
Listed By: Dennis Anderson
Source: Kcrea.resimplifi
Added: May 4, 2022 Changed: Oct 2 Last Checked: Oct 16 at 5:39AM

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 Anderson Communities, Inc.

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Investment Insights

Based on property information with market context.

Retail space is available within The Villages at Great Acres, a mixed-use community that combines commercial out-lots, retail strip centers, townhomes, and apartments. The development is designed to provide services for nearby residents and surrounding communities.

The property is positioned along Leestown Road and Lucille Drive in Lexington, with Citation Boulevard also serving the surrounding area. The location is within Fayette County and includes a blend of commercial and residential development.

Key Highlights

  • Retail space in The Villages at Great Acres mixed‑use development
  • B‑3 zoning
  • Commercial out‑lots and retail strip centers within the development

Property Analytics

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Current Use

Glenn Eye Center Physician Osaka Japanese Restaurant Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Shops & Services 31% Dining 22%
Crossroads IGA Groceries
14,135 visits/mo 0.4 miles
Shell Shops & Services
9,563 visits/mo 0.4 miles
Starbucks Dining
6,772 visits/mo 0.2 miles

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
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Market

Lease Benchmarks for Lexington, KY

$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,955 SF
Avg Space Size

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 - B-3-zoned space within a mixed-use community with retail, commercial, and residential components.
Where is this retail space located?
The property is located at 130 Lucille Dr Lexington, KY.
What are key features of this property?
This property features: Retail space in The Villages at Great Acres mixed‑use development; B‑3 zoning; Commercial out‑lots and retail strip centers within the development
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