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Retail Center with Drive-Through
For Lease
$25 SF/Yr

2860 Richmond Road #190, Lexington, KY 40509

B-3-zoned center on Richmond Road includes several food, fitness, wellness, and personal-care operators.

Space SizeContact for details
Property Size36,000 SF
Days on Market953

Property Features for 2860 Richmond Road #190

General Information

Standard status Active
Size 36,000 SF
Zoning B-3

Site & Location

Neighborhood Patchen and South Locust Neighborhood Association

Amenities

Drive-thru

Building Details

Building Size 36,000 SF
Year Built 2020
Buildings 2
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Bluegrasspropertiesgroup
Added: Mar 20, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:37AM

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 Keller Williams Commonwealth

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Investment Insights

Based on property information with market context.

The 36,000-square-foot retail center was completed in 2020 and has drive-through availability. Current occupants include KPot Korean BBQ, Cyclebar, Club Pilates, My Salon Suites, Stretch Lab, and Sugaring. The property is zoned B-3.

The center is on Richmond Road in southeast Lexington, between Patchen Drive and Mt Tabor Road. It sits behind Andy's, First Watch, and Skyline Chili.

Key Highlights

  • 36,000‑square‑foot retail center completed in 2020
  • Drive‑through availability
  • B‑3 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CoolBlue Lex Spa & Massage Center Hometown Pharmacy Pharmacy Cyclebar Patchen Square Cycling Facility Amazon Hub Counter ... Courier Service The Float Loft (Lexington) Spa & Massage Center

Suggested Use

Top Pick Electrical Service HVAC Service Home Appliance Store Plumbing Service Parking Lot & Garage (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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby
577k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 25% Groceries 14% Home Improvements & Furnishings 6%
Kroger Groceries
71,205 visits/mo 0.4 miles
Texas Roadhouse Dining
44,641 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
29,706 visits/mo 0.3 miles
Gabe's Shops & Services
28,049 visits/mo 0.4 miles
Speedway Shops & Services
26,290 visits/mo 0.1 miles

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$22.02 /SF/Yr
Avg Asking Price
$9–$30 /SF/Yr
Price Range
83,174 SF
Avg Space Size

This space is priced 14% above the average of $22.02 /SF/Yr.

Vacancy Rate% for Retail in South region

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

Similar Off Market Nearby

  • Mist Lake Shopping Center — 3140 Richmond Rd, Lexington, KY 40509
  • Coin Cloud Bitcoin ATM — 3110 Richmond Rd, Lexington, KY 40502
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Louisville, 3101 Richmond Rd, Lexington, KY 40509
  • Patchen Square — 2860 Richmond Rd, Lexington, KY 40517
  • Lakeview Plaza — 2909 Richmond Rd, Lexington, KY 40509

Frequently Asked Questions

What type of property is this?
Shopping center - B-3-zoned center on Richmond Road includes several food, fitness, wellness, and personal-care operators.
Where is this shopping center located?
The property is located at 2860 Richmond Road #190 Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 36,000‑square‑foot retail center completed in 2020; Drive‑through availability; B‑3 zoning
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