Shopping Center Near Retail
For Lease
$23.25 SF/Yr
2348-2358 Nicholasville Road, Lexington, KY 40503
B-1-zoned property near retail, medical, hotel, office, and residential activity.
Space SizeContact for details
Days on Market154
Property Features for 2348-2358 Nicholasville Road
General Information
Standard status
Active
Property subtype
Retail
Zoning
B-1
Lease Type
NNN
Additional Details
Road Access
Yes
Amenities
Water
Sewer
Building Details
Year Built
2005
Spaces For Lease
at 2348-2358 Nicholasville Road Contact usAvailable Space $23.25/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 489-6133
Listed By:
Colleen Barr · License #52773
(859) 489-6133
Source:
Kcrea.resimplifi
Added: Apr 1
Changed: Aug 31
Last Checked: Aug 31 at 12:42PM
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 Block & Lot Real Estate
Investment Insights
Based on property information with market context.
Available for lease, this shopping center at 2348-2358 Nicholasville Road was built in 2005 and encompasses 26,880 square feet. The property carries B-1 zoning and is positioned for retail, showroom, or office-oriented users based on the stated property profile.
The center sits along Nicholasville Road, where average daily traffic is reported at 45,326 CPD. Nearby retail includes Trader Joe’s and Lasik Plus, while the property is also described as convenient to the University of Kentucky, hospitals, and hotels. Office, commercial, and residential activity is present in the surrounding area, and the site is inside New Circle Road.
The center sits along Nicholasville Road, where average daily traffic is reported at 45,326 CPD. Nearby retail includes Trader Joe’s and Lasik Plus, while the property is also described as convenient to the University of Kentucky, hospitals, and hotels. Office, commercial, and residential activity is present in the surrounding area, and the site is inside New Circle Road.
Key Highlights
- 26,880‑square‑foot shopping center built in 2005
- B‑1 zoning
- Located at 2348‑2358 Nicholasville Road
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.49 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,756
Businesses Nearby
667k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 30%
Groceries 13%
Apparel 7%
Chick-fil-A
Dining
53,399 visits/mo
0.3 miles
Trader Joe's
Groceries
46,788 visits/mo
0.1 miles
Kroger
Groceries
42,605 visits/mo
0.3 miles
Raising Cane's Chicken Fingers
Dining
41,053 visits/mo
0.2 miles
Five Below
Shops & Services
39,156 visits/mo
0.1 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
Market
Lease Benchmarks for Lexington, KY
$21.33 /SF/Yr
Avg Asking Price
$9–$38 /SF/Yr
Price Range
75,143 SF
Avg Space Size
This space is priced 9% above the average of $21.33 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - B-1-zoned property near retail, medical, hotel, office, and residential activity.
Where is this shopping center located?
The property is located at 2348-2358 Nicholasville Road Lexington, KY.
What is the lease rate?
The lease rate is $23.25 SF/Yr.
What are key features of this property?
This property features: 26,880‑square‑foot shopping center built in 2005; B‑1 zoning; Located at 2348‑2358 Nicholasville Road
