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1555 E New Circle Rd, Lexington, KY 40509

Community shopping center with high traffic and excellent visibility.

Space Size910 SF - 12,163 SF
Property Size379,204 SF
Days on Market513

Property Features for 1555 E New Circle Rd

General Information

Standard status Active
Size 910 SF - 12,163 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 379,204 SF
Tenancy Multiple

Spaces For Lease

at 1555 E New Circle Rd Contact us

373 Codell Dr

Size
1,600 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

383 Codell Dr

Size
1,600 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

1555 E New Circle Rd, Suite 138

Size
910 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1555 E New Circle, Suite 138

Size
12,163 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

2305 Woodhill Dr

Size
2,100 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

2319 Woodhill Dr

Size
8,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Isaac
Listed By: Chad Voelkert · License #KY 61869
Source: Crexi
Added: Apr 8, 2025 Changed: Aug 25 Last Checked: Aug 31 at 11:23AM

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.

Woodhill Circle Plaza is a community shopping center with a size of approximately 379,204 square feet. It is situated on New Circle Road, a high-traffic thoroughfare in Lexington, with an average daily traffic count of approximately 42,767 vehicles per day. The shopping center is anchored by Office Depot, Home Goods, Tile Shop, and Dollar Tree. The property benefits from excellent visibility and multiple access points from New Circle Road, Palumbo Drive, Woodhill Drive, and Codell Drive.

Key Highlights

  • High‑traffic location on New Circle Road with +\/-42,767 VPD.
  • Anchored by major retailers: Office Depot, Home Goods, Tile Shop, and Dollar Tree.
  • Large community shopping center with +\/-379,204 SF.

Property Analytics

Current Use

Office Depot Tech ... Tech Support Center Pho Saigon Restaurant W I Sparks ... Construction Company Kelen Computer Services Computer & Electronic Repair The MailRoom Postal Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage HVAC Service Electrical Service

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
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby
230k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 28% Home Improvements & Furnishings 27% Office Supplies 4%
Chick-fil-A Dining
39,751 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
33,747 visits/mo 0.4 miles
McDonald's Dining
32,397 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
25,627 visits/mo 0.1 miles
Thorntons Shops & Services
23,025 visits/mo 0.2 miles

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
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 58% below 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Richmond Road Plaza 2632 Richmond Rd, Lexington, KY 40517
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  • Woodhill Circle Plaza 1555 E New Circle Rd, Lexington, KY 40509

Frequently Asked Questions

What type of property is this?
Shopping center - Community shopping center with high traffic and excellent visibility.
Where is this shopping center located?
The property is located at 1555 E New Circle Rd Lexington, KY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on New Circle Road with +\/-42,767 VPD.; Anchored by major retailers: Office Depot, Home Goods, Tile Shop, and Dollar Tree.; Large community shopping center with +\/-379,204 SF.
(859) 422-4408 Call to check price and availability
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