Leased Neighborhood Shopping Center

158-188 E New Circle Road, Lexington, KY 40505

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For Sale

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Neighborhood retail center on a highly traveled retail corridor with strong visibility and multiple ingress/egress points.

Type:Retail

Property size:

47,195 SF

HighLights

Neighborhood shopping center built in 1961
100% leased neighborhood shopping center
Located on Lexington’s New Circle Road retail corridor
Multiple points of ingress and egress
Diverse tenant mix serving surrounding residential communities

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Contact an agent

Austin English

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For Sale

Contact for pricing

Neighborhood retail center on a highly traveled retail corridor with strong visibility and multiple ingress/egress points.

Type:Retail

Property size:

47,195 SF

Added:: Jun 17, 2026
Days on Market:: 12
Last Refresh:: Jun 24 at 2:43 am

Property Features for 158-188 E New Circle Road

General Information

Standard status: Active
Size: 47,195 SF
Property subtype: Retail

Building Details

Year Built: 1961

We can help!

Contact an agent

Austin English

Listing office Cushman & Wakefield Commercial Kentucky

Listing date Jun 17, 2026

Source Crexi

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

HighLights

Neighborhood shopping center built in 1961
100% leased neighborhood shopping center
Located on Lexington’s New Circle Road retail corridor
Multiple points of ingress and egress
Diverse tenant mix serving surrounding residential communities

Overview

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.

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

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Location Insight

Map
Local Demand

City: Lexington
County: Fayette
State: Kentucky
Longitude: -84.4708
Latitude: 38.065732

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For sale
Shopping centers
KY
Lexington
40505
158-188 E New Circle Road

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

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 Features for 158-188 E New Circle Road

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Renovated Medical Office Building

Historic Creative Office Building

Iconic Downtown Lexington Office Building

Updated Flex Building in Lexington

Downtown Lexington Mixed-Use Building

Multi-Tenant Building with Solar Panels

Versatile Medical Office Building

Auto Sales Property with Office/Showroom

Top-Floor Office Suite Portfolio

Lexington Commercial Building For Sale

Office Suite with Private Offices

Restaurant Opportunity on Southland Drive

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