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Retail Space at Colby Station
For Lease
$12 SF/Yr

1946 Bypass Road, Winchester, KY 40391

Commercial Lease, Winchester, KY

Space Size4,000 SF - 13,153 SF
Property Size57,466 SF
Lot Size8.40 Acres
Days on Market141

Property Features for 1946 Bypass Road

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Commercial
Directions Located at the intersection of the Bypass and Colby Road.
Standard status Active
APN 043-4001-001-00.1
Size 62,525 SF
Lot size 8.40 Acres

Amenities

14 ft. cleared ceiling heights

Building Details

Year built 1985
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little
Added: Jun 9 Changed: Oct 2 Last Checked: Oct 27 at 7:06PM
MLS# 26013282

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Suite 1946 at Colby Station provides 4,000 to 13,153 square feet for retail use, with 14-foot clear ceiling heights. The property is part of an 8.4-acre neighborhood shopping center completed in 1985, offering a substantial commercial setting for an incoming tenant.

The center is positioned at the intersection of the Bypass and Colby Road in Winchester, with an established tenant mix that includes Dollar Tree, Kay Jewelers, Rent A Center, Little Caesars, Resilience Physical Therapy, Don Senor's Restaurant, and Scooters Coffee. Other businesses at the center create a range of retail, service, restaurant, and convenience uses within the same destination.

Key Highlights

  • 4,000 to 13,153 square feet available in Suite 1946
  • 14‑foot clear ceiling heights
  • Located at the Bypass and Colby Road intersection

Property Analytics

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Current Use

Winchester KY ReStore Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Winchester, KY

$14.74 /SF/Yr
Avg Asking Price
$11.95–$20 /SF/Yr
Price Range
16,916 SF
Avg Space Size

This space is priced 19% below the average of $14.74 /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 - Available space within a neighborhood shopping center at the Bypass and Colby Road intersection.
Where is this retail space located?
The property is located at 1946 Bypass Road Winchester, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 4,000 to 13,153 square feet available in Suite 1946; 14‑foot clear ceiling heights; Located at the Bypass and Colby Road intersection
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