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Retail Space with B-3 Zoning
For Lease
$24 SF/Yr

148 W Tiverton Way, Lexington, KY 40503

Retail space near Fayette Mall and The Summit at Fritz Farm, with access to Nicholasville Road.

Space SizeContact for details
Days on Market171

Property Features for 148 W Tiverton Way

General Information

Standard status Active
Property subtype Retail
Zoning B-3
Lease Type NNN

Building Details

Year Built 2004

Spaces For Lease

at 148 W Tiverton Way
Available Space $24/Mo
Contact us
Listing Agency: Equity Management Group, Inc.
Listed By: Ande Long · License #29083
Source: Kcrea.resimplifi
Added: Apr 30 Changed: Oct 10 Last Checked: Oct 16 at 5:45AM

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 Equity Management Group, Inc.

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Investment Insights

Based on property information with market context.

This 10,000 SF retail space is located at 148 W Tiverton Way in Lexington and was built in 2004. The property carries B-3 zoning and is positioned for retail or service-oriented occupancy.

The site is situated between The Summit at Fritz Farm and Fayette Mall, with direct access to Nicholasville Road and proximity to Man O’ War Boulevard. Nearby retailers include Walmart, Target, and Lowe’s, along with numerous dining options. The surrounding setting provides an established retail context for businesses seeking a Lexington location.

Key Highlights

  • 10,000 SF retail space at 148 W Tiverton Way
  • B‑3 zoning
  • Built in 2004

Property Analytics

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Current Use

AltSmoke (Bike/Boat/Book/etc) Store Lose It Weight Loss Service Artisan Embroidery & Design Production Facility BaronHR Employment Agency Tates Creek Chiro Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Dining 23% Superstores 15% Shops & Services 11%
Walmart Superstores
159,361 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
118,205 visits/mo 0.4 miles
Dillard's Apparel
57,252 visits/mo 0.4 miles
Cinemark Fayette Mall Leisure
55,513 visits/mo 0.2 miles
Whole Foods Market Groceries
46,316 visits/mo 0.3 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
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Market

Lease Benchmarks for Lexington, KY

$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,955 SF
Avg Space Size

This space is priced 27% below the average of $32.72 /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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space near Fayette Mall and The Summit at Fritz Farm, with access to Nicholasville Road.
Where is this retail space located?
The property is located at 148 W Tiverton Way Lexington, KY.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 10,000 SF retail space at 148 W Tiverton Way; B‑3 zoning; Built in 2004
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