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Retail Storefront Suite with Road Visibility
For Lease
$18 SF/Yr

145 Burt Road Suite 3, Lexington, KY 40503

Retail suite for lease with a marquee visible from Nicholasville Road and reported 40,235 passing vehicles per day.

Space Size595 SF
Property Size12,857 SF
Days on Market51

Property Features for 145 Burt Road Suite 3

General Information

Standard status Active
Size 595 SF
Class C
Property subtype Retail

Additional Details

Traffic Count 40,235 vehicles/day

Building Details

Building Size 12,857 SF
Year Built 1964
Units 20

Spaces For Lease

at 145 Burt Road Suite 3 Contact us

Suite 3 $18/SF/Yr

Size
595 SF
Type
Strip
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Nathan Dilly · License #76902
Source: Commercialcafe
Added: Jul 13 Changed: Aug 16 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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

SVN Stone Commercial Real Estate is pleased to present retail space for lease at 145 Burt Road, Suite 3. The offering is positioned within a busy retail corridor, with a marquee visible from Nicholasville Road.

The property is described as being just off Nicholasville Road, with the listing citing 40,235 passing vehicles per day. The suite is located close to a Kroger-anchored shopping center, and the surrounding tenant mix noted in the remarks includes Panera Bread, Burger King, Traditional Bank, and Jeff’s Car Wash.

Suite 3 at 145 Burt Road is being marketed as retail space for tenants seeking strong corridor exposure within the Lexington retail market.

Key Highlights

  • Retail suite for lease just off Nicholasville Road in Lexington’s busiest retail corridor.
  • Marquee visible from Nicholasville Road for increased storefront exposure.
  • Reported 40,235 passing vehicles per day on 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
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 - Retail suite for lease with a marquee visible from Nicholasville Road and reported 40,235 passing vehicles per day.
Where is this retail space located?
The property is located at 145 Burt Road Suite 3 Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail suite for lease just off Nicholasville Road in Lexington’s busiest retail corridor.; Marquee visible from Nicholasville Road for increased storefront exposure.; Reported 40,235 passing vehicles per day on Nicholasville Road.
More about this property
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