Corner Retail
New
For Lease
$25 SF/Yr
2284 Versailles Rd, Lexington, KY 40504
The building includes an open sales floor and a dedicated parking field.
Space Size11,157 SF
Lot Size1.70 Acres
Days on Market7
Property Features for 2284 Versailles Rd
General Information
Standard status
Active
Size
11,157 SF
Net Rentable
11,157 SF
Lot size
1.70 Acres
Property subtype
Retail
Zoning
B-1
Lease Type
NNN
Space & Availability
Available Space
11,157 SF
Contiguous Space
11,157 SF
Space Use
Retail
Site & Location
Corner Location
Yes
Traffic Count
34,500 vehicles/day
Road Access
Yes
Amenities
signalized corner
frontage on two roads
clean open sales floor
Drive-Thru
Building Details
Year Built
2008
Tenancy
Single Tenant
Building Size
11,157 SF
Parking Ratio
2.24 per 1,000 SF
Spaces For Lease
at 2284 Versailles Rd
Available Space
$25/Mo
Listing Agency:
Equity Management Group, Inc.
Listed By:
Jason Taylor · License #72700
(502) 472-7546
Source:
Kcrea.resimplifi
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 4:02PM
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 Equity Management Group, Inc.
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Investment Insights
Based on property information with market context.
This 11,157± SF freestanding retail property was built in 2008 on roughly 1.7 acres. Its open sales floor and dedicated parking field serve a former national-chain drugstore layout. The site is zoned B-1 and occupies a signalized corner with frontage on Versailles Road and Alexandria Drive.
Versailles Road carries about 19,900 vehicles per day, while Alexandria Drive carries about 14,600. Nearby retail includes Kroger, Save A Lot, Dollar General, and Dollar Tree. The surrounding Gardenside neighborhood is densely populated, and New Circle Road, downtown Lexington, Blue Grass Airport, and Keeneland are a short drive away.
Versailles Road carries about 19,900 vehicles per day, while Alexandria Drive carries about 14,600. Nearby retail includes Kroger, Save A Lot, Dollar General, and Dollar Tree. The surrounding Gardenside neighborhood is densely populated, and New Circle Road, downtown Lexington, Blue Grass Airport, and Keeneland are a short drive away.
Key Highlights
- 11,157± SF freestanding retail building, constructed in 2008
- Roughly 1.7‑acre site at the signalized corner of Versailles Road and Alexandria Drive
- About 2.24 parking spaces per 1,000 SF
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
34,500 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
112k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 44%
Groceries 8%
Electronics 2%
McDonald's
Dining
23,137 visits/mo
0.1 miles
Speedway
Shops & Services
16,226 visits/mo
0.1 miles
Starbucks
Dining
14,644 visits/mo
0.2 miles
Dollar Tree
Shops & Services
12,158 visits/mo
0.1 miles
Save-A-Lot
Groceries
9,422 visits/mo
0.2 miles
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
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 Lexington, KY
$32.68 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
35,761 SF
Avg Space Size
This space is priced 23% below the average of $32.68 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The building includes an open sales floor and a dedicated parking field.
Where is this retail space located?
The property is located at 2284 Versailles Rd Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 11,157± SF freestanding retail building, constructed in 2008; Roughly 1.7‑acre site at the signalized corner of Versailles Road and Alexandria Drive; About 2.24 parking spaces per 1,000 SF
