Retail Suite with Rear Support
For Lease
$15 SF/Yr
125 Codell Drive #125, Lexington, KY 40509
B-3-zoned space combines an open customer area with dedicated office and storage rooms.
Space Size1,690 SF
Days on Market775
Property Features for 125 Codell Drive #125
General Information
Standard status
Active
Size
1,690 SF
Net Rentable
1,690 SF
Zoning
B-3
Space & Availability
Available Space
1,690 SF
Contiguous Space
1,690 SF
Space Use
Retail
Building Details
Year Built
2004
Buildings
2
Listing Agency:
Keller Williams Commonwealth
(859) 721-2121
Listed By:
Bryan Little · License #217370
(859) 619-4969
Source:
Bluegrasspropertiesgroup
Added: Sep 23, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:46AM
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
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Investment Insights
Based on property information with market context.
This 1,690-square-foot retail suite is located in Richmond Woods Shopping Center at 125 Codell Drive in Lexington. The interior includes an open retail area, along with office and storage space toward the rear. The property was built in 2004 and is zoned B-3.
Key Highlights
- 1,690 square feet of retail space
- Open retail area with rear office and storage rooms
- B‑3 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
368k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 20%
Home Improvements & Furnishings 10%
Groceries 3%
Lowe's
Home Improvements & Furnishings
29,706 visits/mo
0.1 miles
Speedway
Shops & Services
26,290 visits/mo
0.3 miles
Wendy's
Dining
24,492 visits/mo
0.4 miles
7 Brew Coffee
Dining
24,017 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
19,218 visits/mo
0.5 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size
This space is priced 54% below the average of $32.8 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - B-3-zoned space combines an open customer area with dedicated office and storage rooms.
Where is this retail space located?
The property is located at 125 Codell Drive #125 Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,690 square feet of retail space; Open retail area with rear office and storage rooms; B‑3 zoning
