Listing Agency: NAI Isaac c***@naiisaac.com Show Phone

Listed By: Chad Voelkert · License #KY 61869

Source: Crexi

Added: Apr 8, 2025 Changed: Jul 10 Last Checked: Aug 1 at 7:17AM

Report an Issue

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 NAI Isaac

Investment Insights

Based on property information with market context.

This +/-16,290 SF office/retail building is anchored by Goodwill and offers excellent visibility with easy access to Leestown Road. The property is well-located with quick access to New Circle Road and downtown Lexington. The location benefits from a traffic count of +/-28,699 ('13) ADT on Leestown Road near the site.

Key Highlights

• Excellent visibility on Leestown Road
• Anchored by Goodwill
• Easy access to Leestown Road

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon HVAC Service Nail Salon Law Firm

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

11

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for Lexington, KY

$25.87 /SF/Yr

Avg Asking Price

$9–$40 /SF/Yr

Price Range

8,512 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Office Suite with Private Balcony

4040 Finn Way, Lexington, KY 40517

$20 SF/Yr

3,452 sqft

View details

Office Suite with Reception and Conference

1040 Monarch Street, Lexington, KY 40513

$17 SF/Yr

3,792 sqft

View details

Sprinklered Nightclub/Bar Building

208 S Limestone Street, Lexington, KY 40508

$16 SF/Yr

4,624 sqft

View details

Flex Space with Drive-In Door

198 Moore Drive, Lexington, KY 40503

$12 SF/Yr

3,750 sqft

View details

Flex Space with Rear Warehouse Area

1465 Leestown Road, Lexington, KY 40511

$4,500/Mo

4,500 sqft

View details

Ground-Floor Office Suite

1021 Majestic Drive, Lexington, KY 40513

$19 SF/Yr

1,936 sqft

View details

Brick Office Building with Basement

767 Lane Allen Road, Lexington, KY 40504

$2,000/Mo

1,579 sqft

View details

Office Space with 24-Hour Access

3167 Custer Drive, Lexington, KY 40517

$1,454/Mo

10,355 sqft

View details

Office Suite in C-1 Zoning

2134 Nicholasville Rd Suite 13, Lexington, KY 40503

$18 SF/Yr

3,000 sqft

View details

Renovated Downtown Office Bungalow

321 Merino Street, Lexington, KY 40508

$2,500/Mo

1,483 sqft

View details

Industrial Flex Unit with Drive-In Door

1113 Commercial Drive, Lexington, KY 40505

$8 SF/Yr

2,500 sqft

View details

Lexington Office Space Available

1055 Dove Run Road, Lexington, KY 40502

$600/Mo

View details

Frequently Asked Questions

What type of property is this?

Retail space - Office/retail building with high visibility and easy access.

Where is this retail space located?

The property is located at 1437-1441 Leestown Road Lexington, KY.

What are key features of this property?

This property features: Excellent visibility on Leestown Road; Anchored by Goodwill; Easy access to Leestown Road