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Two-Building Storefront Property
For Sale
Contact for pricing
Pending

460 E New Circle Rd, Lexington, KY 40505

Two leased retail buildings occupy a signalized corner along New Circle Road.

Property SizeContact for details
Days on Market144

Property Features for 460 E New Circle Rd

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Corner Location Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Ascension
Listed By: Jack Foley · License #KY 30353667
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 1:30PM

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 Ascension

Investment Insights

Based on property information with market context.

This storefront property includes two separate retail buildings totaling approximately 5,759 square feet. The larger building contains 4,209 Sq. Ft.+/- and the smaller building contains 1,550 Sq. Ft. +/-. Both buildings are currently leased, providing an occupied retail configuration across the property.

The site is positioned at a signalized corner on New Circle Road in Lexington, Kentucky. Its corner placement and retail-oriented improvements support continued use as a two-building storefront property.

Key Highlights

  • Two retail buildings totaling approximately 5,759 square feet
  • Larger building measures 4,209 Sq. Ft.+/-
  • Second building measures 1,550 Sq. Ft. +/-

Property Analytics

Current Use

Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby
145k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Dining 30% Groceries 29% Apparel 5%
Kroger Groceries
41,668 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
17,001 visits/mo 0.4 miles
White Castle Dining
16,054 visits/mo 0.3 miles
Speedway Shops & Services
11,871 visits/mo 0.0 miles
Kroger Fuel Center Shops & Services
11,543 visits/mo 0.2 miles

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
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
Rey
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  • Diamond Flowers 340 E New Circle Rd, Lexington, KY 40505
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Frequently Asked Questions

What type of property is this?
Storefront property - Two leased retail buildings occupy a signalized corner along New Circle Road.
Where is this storefront property located?
The property is located at 460 E New Circle Rd Lexington, KY.
What are key features of this property?
This property features: Two retail buildings totaling approximately 5,759 square feet; Larger building measures 4,209 Sq. Ft.+/-; Second building measures 1,550 Sq. Ft. +/-
More about this property
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