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151 W Zandale Dr, Lexington, KY 40503

Retail/office center for lease in high-traffic area.

Space Size2,303 SF
Property Size12,000 SF
Lot Size1.29 Acres
Days on Market513

Property Features for 151 W Zandale Dr

General Information

Standard status Active
Size 2,303 SF
Class A
Lot size 1.29 Acres
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 12,000 SF
Year Built 2014
Tenancy Multiple

Spaces For Lease

at 151 W Zandale Dr Contact us

Suite: 140/150

Size
2,303 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Isaac
Listed By: Al Isaac · License #KY 223721
Source: Crexi
Added: Apr 8, 2025 Changed: Aug 22 Last Checked: Aug 28 at 9:09AM

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.

West Zandale Plaza offers approximately 12,000 square feet of retail and office space for lease, situated on 1.29 acres. The property benefits from a high-traffic location with direct access at a signalized intersection from Nicholasville Road, with an average daily traffic count of approximately 32,638 vehicles in front of the site. The property includes 65 parking spaces. It is located near hospitals, universities, and downtown.

Key Highlights

  • High‑traffic location with +/-32,638 ADT.
  • Direct access at a signalized intersection from Nicholasville Road.
  • Located near hospitals, universities, and downtown.

Property Analytics

Current Use

Ramsey's Diner - Zandale Restaurant F45 Training South ... Gym & Fitness Center

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Catering Service Butcher Electrical Service Nursing Home

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,542
Businesses Nearby
361k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Dining 31% Groceries 25% Apparel 3%
Trader Joe's Groceries
46,788 visits/mo 0.4 miles
Kroger Groceries
42,605 visits/mo 0.5 miles
Five Below Shops & Services
39,156 visits/mo 0.5 miles
Panera Bread Dining
21,313 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
20,517 visits/mo 0.4 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

$21.33 /SF/Yr
Avg Asking Price
$9–$38 /SF/Yr
Price Range
75,143 SF
Avg Space Size

This space is priced 22% above the average of $21.33 /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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail/office center for lease in high-traffic area.
Where is this shopping center located?
The property is located at 151 W Zandale Dr Lexington, KY.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with +/-32,638 ADT.; Direct access at a signalized intersection from Nicholasville Road.; Located near hospitals, universities, and downtown.
(859) 422-4400 Call to check price and availability
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