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Freestanding Retail Building
For Lease
$120,000

1498 Boardwalk, Lexington, KY 40511

B-6P zoning, on-site parking, and access to New Circle Road support a convenient retail setting.

Space SizeContact for details
Days on Market106

Property Features for 1498 Boardwalk

General Information

Standard status Active
Property subtype Retail
Zoning B-6P
Lease Type Absolute Net

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Amenities

ample parking
easy ingress/egress

Spaces For Lease

at 1498 Boardwalk Contact us

Available Space $120,000/Mo

Contact us
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Kcrea.resimplifi
Added: May 19 Changed: Aug 29 Last Checked: Aug 31 at 1:05PM

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

Investment Insights

Based on property information with market context.

The offering consists of a freestanding retail building available through a ground lease. The property contains 2,588 SF and includes on-site parking with direct ingress and egress. Its standalone format provides a clearly defined retail presence within the site.

Located at 1498 Boardwalk in Lexington, the property is just off New Circle Road and offers access to I-64, I-75, downtown Lexington, and surrounding commercial areas. Nearby development includes established residential neighborhoods along with retail, office, and medical users. The site is zoned B-6P.

Key Highlights

  • 2,588 SF freestanding retail building available for ground lease
  • B‑6P zoning
  • 1498 Boardwalk, Lexington, KY 40511

Property Analytics

Current Use

Fadi Bacha, MD Physician Pilati Stamatoula MD Physician Lexington Urgent Care ... Medical Clinic Dr. Ellen D. ... Pediatrician Dr. Richard R. ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Building Supply Storage Facility

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
327k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Superstores 27% Shops & Services 14% Apparel 7%
Walmart Superstores
89,388 visits/mo 0.3 miles
Chick-fil-A Dining
38,957 visits/mo 0.5 miles
McDonald's Dining
25,712 visits/mo 0.4 miles
Ross Dress for Less Apparel
19,081 visits/mo 0.2 miles
Wendy's Dining
16,789 visits/mo 0.1 miles

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

$61.11 /SF/Yr
Avg Asking Price
$12–$556 /SF/Yr
Price Range
5,299 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - B-6P zoning, on-site parking, and access to New Circle Road support a convenient retail setting.
Where is this storefront property located?
The property is located at 1498 Boardwalk Lexington, KY.
What is the lease rate?
The lease rate is $120,000.
What are key features of this property?
This property features: 2,588 SF freestanding retail building available for ground lease; B‑6P zoning; 1498 Boardwalk, Lexington, KY 40511
More about this property
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