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Retail End Cap with Drive-Through
For Lease
$25 SF/Yr

4097 Nichols Park Drive, Lexington, KY 40503

The suite is in a center with Lowe’s and Walmart as shadow anchors.

Space Size2,800 SF
Property Size10,000 SF
Days on Market1034

Property Features for 4097 Nichols Park Drive

General Information

Standard status Active
Size 2,800 SF
Net Rentable 2,800 SF
Zoning B-3

Space & Availability

Available Space 2,800 SF
Contiguous Space 2,800 SF

Amenities

drive-thru

Building Details

Year Built 2002
Building Size 10,000 SF
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Bluegrasspropertiesgroup
Added: Jan 8, 2024 Changed: Nov 5 Last Checked: Nov 6 at 12:52AM

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

Rey
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Investment Insights

Based on property information with market context.

The 2,800-square-foot end-cap suite has a drive-through and is in a center built in 2002. The space was previously used as a banking center, and the property is zoned B-3.

At 4097 Nichols Park Drive in Lexington, the center is situated along the Man-O-War/Nicholasville Road corridor, with Lowe’s and Walmart serving as shadow anchors.

Key Highlights

  • 2,800‑square‑foot end‑cap suite with a drive‑through
  • Previously used as a banking center
  • B‑3 zoning

Property Analytics

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Open Analytics

Current Use

Dr. Valerie R. ... Dental Office Dr. Wesley E. ... Dental Office KY Liquor (Bike/Boat/Book/etc) Store Citizens Commerce Bank Bank Lexington Urgent Care ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Accounting Firm 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby
697k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 23% Shops & Services 14% Apparel 8%
Walmart Superstores
159,361 visits/mo 0.3 miles
Cinemark Fayette Mall Leisure
55,513 visits/mo 0.4 miles
Whole Foods Market Groceries
46,316 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
44,407 visits/mo 0.1 miles
J. Alexander's Dining
37,600 visits/mo 0.5 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

$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size

This space is priced 24% below the average of $32.8 /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 - The suite is in a center with Lowe’s and Walmart as shadow anchors.
Where is this retail space located?
The property is located at 4097 Nichols Park Drive Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,800‑square‑foot end‑cap suite with a drive‑through; Previously used as a banking center; B‑3 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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