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C-1 Shopping Center
For Lease
$16 SF/Yr

2594-2626 Richmond Rd, Lexington, KY 40509

Established retail center with multiple suites along a heavily traveled Lexington commercial corridor.

Space SizeContact for details
Days on Market371

Property Features for 2594-2626 Richmond Rd

General Information

Standard status Active
Total Parking Spaces 82
Property subtype Retail
Zoning C-1
Lease Type NNN

Amenities

82 Parking Spaces

Building Details

Year Built 1973

Spaces For Lease

at 2594-2626 Richmond Rd Contact us

Available Space $16/Mo

Contact us
Listing Agency: Equity Management Group, Inc.
Listed By: Jason Gentner · License #72700
Source: Kcrea.resimplifi
Added: Aug 25, 2025 Changed: Aug 29 Last Checked: Aug 30 at 1:48PM

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.

Investment Insights

Based on property information with market context.

This shopping center contains 28,075 square feet of retail space and was built in 1973. The property carries C-1 zoning, supporting its established commercial retail classification.

Located on Richmond Road in Lexington, the center sits between New Circle Road and Man O War Boulevard. Its position along one of Lexington’s most traveled roads provides direct exposure within a well-established commercial corridor.

Key Highlights

  • 28,075‑square‑foot shopping center
  • C‑1 zoning
  • Built in 1973

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby
372k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 20% Home Improvements & Furnishings 10% Groceries 3%
Lowe's Home Improvements & Furnishings
29,706 visits/mo 0.3 miles
Speedway Shops & Services
26,290 visits/mo 0.2 miles
Wendy's Dining
24,492 visits/mo 0.3 miles
7 Brew Coffee Dining
24,017 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
19,218 visits/mo 0.5 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

$21.33 /SF/Yr
Avg Asking Price
$9–$38 /SF/Yr
Price Range
75,143 SF
Avg Space Size

This space is priced 25% below the average of $21.33 /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
Rey
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 - Established retail center with multiple suites along a heavily traveled Lexington commercial corridor.
Where is this shopping center located?
The property is located at 2594-2626 Richmond Rd Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 28,075‑square‑foot shopping center; C‑1 zoning; Built in 1973
More about this property
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