Leased Neighborhood Shopping
For Sale
Contact for pricing
158-188 E New Circle Road, Lexington, KY 40505
Neighborhood retail center on a highly traveled retail corridor with strong visibility and multiple ingress/egress points.
Property Size47,195 SF
Days on Market57
Property Features for 158-188 E New Circle Road
General Information
Standard status
Active
Size
47,195 SF
Total Parking Spaces
210
Property subtype
Retail
Zoning
B-3
Occupancy
100%
Building Details
Year Built
1961
Stories
1
Units
8
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Commercial Kentucky
(502) 719-3221
Listed By:
Austin English · License #KY 271161
Source:
Crexi
Added: Jun 17
Changed: Aug 11
Last Checked: Aug 12 at 11:20AM
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 Cushman & Wakefield Commercial Kentucky
Investment Insights
Based on property information with market context.
Schneider-O'Hare Center is a 100% leased neighborhood shopping center offering a tenant mix that serves surrounding residential communities. The center is designed for convenience and access, with multiple points of ingress and egress intended to support smooth customer flow.
The property is located along Lexington’s New Circle Road retail corridor, a highly traveled area known for retail activity. Its positioning within an established trade area of Northeast Lexington helps anchor the center within an ongoing neighborhood retail demand base.
For investors or operators, the asset presents a straightforward, in-place retail configuration with fully leased occupancy. The combination of strong visibility, multiple access points, and a diversified tenant mix can appeal to tenants seeking a well-used neighborhood retail environment and to buyers looking for a managed retail center with current in-place tenancy.
The property is located along Lexington’s New Circle Road retail corridor, a highly traveled area known for retail activity. Its positioning within an established trade area of Northeast Lexington helps anchor the center within an ongoing neighborhood retail demand base.
For investors or operators, the asset presents a straightforward, in-place retail configuration with fully leased occupancy. The combination of strong visibility, multiple access points, and a diversified tenant mix can appeal to tenants seeking a well-used neighborhood retail environment and to buyers looking for a managed retail center with current in-place tenancy.
Key Highlights
- Neighborhood shopping center built in 1961
- 100% leased neighborhood shopping center
- Located on Lexington’s New Circle Road retail corridor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
204k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 25%
Groceries 4%
Apparel 3%
Chick-fil-A
Dining
38,957 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
17,001 visits/mo
0.4 miles
Golden Corral
Dining
16,883 visits/mo
0.3 miles
Marathon
Shops & Services
15,390 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
13,882 visits/mo
0.1 miles
Demographics for 40505, KY
26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood retail center on a highly traveled retail corridor with strong visibility and multiple ingress/egress points.
Where is this shopping center located?
The property is located at 158-188 E New Circle Road Lexington, KY.
What are key features of this property?
This property features: Neighborhood shopping center built in 1961; 100% leased neighborhood shopping center; Located on Lexington’s New Circle Road retail corridor
