Building Details

Year built 2007

Listing Agency: Block + Lot Homes Show Phone

Listed By: Gregory Leveridge · License #215416 Show Phone

Added: Jul 14 Changed: Oct 2 Last Checked: Oct 13 at 8:06AM

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MLS# 26018226

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Investment Insights

Based on property information with market context.

The 3,690-square-foot suite offers a flexible commercial layout for retail, restaurant, office, or service-oriented operations. The property includes ample parking and potential for prominent signage, with the suite positioned directly beside MOD Pizza. The building was constructed in 2007.

The space is located within Hamburg Pavilion, a 990,000-square-foot open-air shopping center with 73 retailers, including Target, Kohl's, Dick's Sporting Goods, Best Buy, Marshalls, Ulta, DSW, PetSmart, Michaels, Burlington, and Ross. Access is provided near the intersection of I-75 and Man O' War Boulevard, with reported traffic counts of approximately 70,000 vehicles on I-75 and 38,000 on Man O' War Boulevard. The suite is also described as the first turn from Sir Barton Way at Winchester Road.

Key Highlights

• 3,690 SF retail suite
• Adjacent to MOD Pizza within Hamburg Pavilion
• Hamburg Pavilion encompasses nearly 990,000 square feet and includes 73 retailers

Property Analytics

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Current Use

MOD Pizza Restaurant Park Community Credit ... Credit Union

Suggested Use

Top Pick Auto Repair Shop Hair Salon Auto Parts Store HVAC Service Building Supply Big Box & Wholesale 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

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$5.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

337

Businesses Nearby

612k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 32% Shops & Services 28% Superstores 24% Apparel 7%

Walmart Superstores

146,331 visits/mo 0.5 miles

Raising Cane's Chicken Fingers Dining

58,502 visits/mo 0.1 miles

Hobby Lobby Shops & Services

54,513 visits/mo 0.2 miles

Lowe's Home Improvements & Furnishings

41,614 visits/mo 0.4 miles

Speedway Shops & Services

34,049 visits/mo 0.3 miles

Demographics for 40509, KY

44,572

Population

19,802

Households

2.3

Avg Household Size

36

Median Age

57%

College-Educated

95%

High-School Grad

47.8 sq mi

ZIP Area

932

Density / Sq Mi

$89,429

Median Household Income

$52,489

Median Earnings

$1,317

Median Rent

$338,200

Median Home Value

Market

Lease Benchmarks for Lexington, KY

$32.78 /SF/Yr

Avg Asking Price

$8–$556 /SF/Yr

Price Range

40,845 SF

Avg Space Size

This space is priced 16% above the average of $32.78 /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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Flexible interior configuration supports retail, restaurant, office, and service-oriented uses.

Where is this retail space located?

The property is located at 2217 War Admiral Way Lexington, KY.

What is the lease rate?

The lease rate is $38 SF/Yr.

What are key features of this property?

This property features: 3,690 SF retail suite; Adjacent to MOD Pizza within Hamburg Pavilion; Hamburg Pavilion encompasses nearly 990,000 square feet and includes 73 retailers