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Retail Space Near Fayette Mall
For Lease
$14 SF/Yr

1908 Nicholasville Centre Drive #200, Lexington, KY 40503

B-3 zoning and a position beside Fayette Mall define this Lexington commercial suite.

Space Size1,800 SF
Days on Market633

Property Features for 1908 Nicholasville Centre Drive #200

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Zoning B-3

Space & Availability

Available Space 1,800 SF
Contiguous Space 1,800 SF
Space Use Retail

Building Details

Building Size 1,800 SF
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Bluegrasspropertiesgroup
Added: Jan 27, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:36PM

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 1,800-square-foot retail suite is located at 1908 Nicholasville Centre Drive, Suite 200, in Lexington, Kentucky. The space is zoned B-3 and is offered for rent.

The property sits next to Fayette Mall and just off Nicholasville Road, providing a location alongside a major retail destination.

Key Highlights

  • 1,800 square feet of retail space
  • B‑3 zoning
  • Adjacent to Fayette Mall

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service (Bike/Boat/Book/etc) Store Barber Shop 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 26% Dining 25% Superstores 14% Shops & Services 12%
Walmart Superstores
159,361 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
118,205 visits/mo 0.4 miles
Dillard's Apparel
57,252 visits/mo 0.4 miles
Cinemark Fayette Mall Leisure
55,513 visits/mo 0.3 miles
Whole Foods Market Groceries
46,316 visits/mo 0.3 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

$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,936 SF
Avg Space Size

This space is priced 57% below the average of $32.72 /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 - B-3 zoning and a position beside Fayette Mall define this Lexington commercial suite.
Where is this retail space located?
The property is located at 1908 Nicholasville Centre Drive #200 Lexington, KY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,800 square feet of retail space; B‑3 zoning; Adjacent to Fayette Mall
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