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Retail Space with Roadside Marquee
For Lease
$18 SF/Yr

145 Burt Rd, Lexington, KY 40503

B-1-zoned space with shared parking near a Kroger-anchored shopping center.

Space SizeContact for details
Lot Size1.30 Acres
Days on Market57

Property Features for 145 Burt Rd

General Information

Standard status Active
Total Parking Spaces 52
Lot size 1.30 Acres
Property subtype Retail
Zoning B-1
Lease Type NNN

Site & Location

Anchor Co-Tenants Kumon Math and Reading Center
Traffic Count 40,235 vehicles/day

Additional Details

Space Use Retail

Amenities

Water
Sewer

Building Details

Tenancy Multi

Spaces For Lease

at 145 Burt Rd Contact us

Available Space $18/Mo

Contact us
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Nathan Dilly · License #76902
Source: Kcrea.resimplifi
Added: Jul 7 Changed: Aug 29 Last Checked: Aug 31 at 1:37PM

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 SVN Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Retail space available for lease at 145 Burt Road, with 13,827 square feet situated on approximately 1.3 acres. The property carries B-1 zoning and includes a marquee that can be seen from Nicholasville Road.

The site is positioned near a Kroger-anchored shopping center within a heavily traveled Lexington retail corridor generating 40,235 passing vehicles per day. Nearby businesses include Panera Bread, Burger King, Traditional Bank, and Jeff’s Car Wash.

Shared parking between suites provides 52 spaces. Kumon Math and Reading Center is among the existing occupants, adding to the established retail setting.

Key Highlights

  • 13,827 SF of retail space on approximately 1.3 acres
  • B‑1 zoning
  • Marquee visible from Nicholasville Road

Property Analytics

Current Use

Rick Perkins Drapery ... Interior Design International Brotherhood of Electrical ... Advocacy Group City Taper Barber ... Barber Shop Lex Lab Inc Medical Laboratory Brooklyns Finest Smoke ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Law Firm Locksmith

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

40,235 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,838
Businesses Nearby
539k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Dining 33% Groceries 17% Apparel 8%
Trader Joe's Groceries
46,788 visits/mo 0.2 miles
Kroger Groceries
42,605 visits/mo 0.2 miles
Five Below Shops & Services
39,156 visits/mo 0.2 miles
Michaels Shops & Services
38,873 visits/mo 0.2 miles
T.J. Maxx Apparel
32,517 visits/mo 0.2 miles

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$34.92 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
41,911 SF
Avg Space Size

This space is priced 48% below the average of $34.92 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - B-1-zoned space with shared parking near a Kroger-anchored shopping center.
Where is this retail space located?
The property is located at 145 Burt Rd Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 13,827 SF of retail space on approximately 1.3 acres; B‑1 zoning; Marquee visible from Nicholasville Road
More about this property
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