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Retail Space at Major Intersection

2558 Larkin Road, Lexington, KY 40503

For Lease
$26 SF/Yr

B-6P-zoned space is positioned at Larkin Road and Nicholasville Road in Lexington.

Space SizeContact for details
Property Size9,800 SF
Days on Market973

Property Features for 2558 Larkin Road

General Information

Standard status Active
Size 9,800 SF
Zoning B-6P

Site & Location

Neighborhood Deerfield Comm Assoc Inc
Traffic Count 40,000 vehicles/day

Additional Details

Space Use Retail

Building Details

Building Size 9,800 SF
Year Built 1999
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License KY #217370
Source: Bluegrasspropertiesgroup
Added: Mar 13, 2024 Changed: Nov 4 Last Checked: Nov 10 at 1:07AM

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.

The 9,800-square-foot retail space was built in 1999 and is zoned B-6P. It is offered for lease at 2558 Larkin Road in Lexington.

The property sits at the intersection of Larkin Road and Nicholasville Road, with reported visibility from Nicholasville Road and traffic exceeding 40,000 vehicles per day. Malabu Jacks development is in front of the site.

Key Highlights

  • 9,800 square feet of retail space
  • Built in 1999
  • B‑6P zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hishmeh Dental Dental Office Gentle Care Cosmetic ... Dental Office Eyeglass World Physician Guillaum Julie L ... Physician Dr. Fahed Hishmeh Dental Office

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Nursing Home Locksmith Barber 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

40,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,749
Businesses Nearby
653k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Shops & Services 30% Groceries 14% Apparel 6%
Chick-fil-A Dining
53,399 visits/mo 0.1 miles
Trader Joe's Groceries
46,788 visits/mo 0.3 miles
Kroger Groceries
42,605 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
41,053 visits/mo 0.1 miles
Five Below Shops & Services
39,156 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size

This space is priced 21% below the average of $32.8 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Lexington, KY

$27.02 Jul
$34.98 Aug
$32.98 Sep
$32.84 Oct

Properties on Market for Retail space in Lexington

Jul
Aug
Sep
Oct

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-6P-zoned space is positioned at Larkin Road and Nicholasville Road in Lexington.
Where is this retail space located?
The property is located at 2558 Larkin Road Lexington, KY.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 9,800 square feet of retail space; Built in 1999; B‑6P zoning
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