Neighborhood Shopping Center with Pylon
For Lease
Contact for pricing
2909 Richmond Rd, Lexington, KY 40509
The center combines B-3 zoning with local and national retail tenants.
Space SizeContact for details
Property Size172,000 SF
Days on Market380
Property Features for 2909 Richmond Rd
General Information
Standard status
Active
Size
172,000 SF
Property subtype
Retail
Zoning
B-3
Lease Type
NNN
Additional Details
Road Access
Yes
Amenities
pylon signage
Building Details
Building Size
172,000 SF
Tenancy
Multi
Spaces For Lease
at 2909 Richmond Rd Contact usAvailable Space $5,000/Mo
Contact usAvailable Space $20/Mo
Contact us
Listing Agency:
Equity Management Group, Inc.
(859) 533-1577
Listed By:
Ande Long · License #72700
(859) 533-1577
Source:
Kcrea.resimplifi
Added: Aug 19, 2025
Changed: Aug 31
Last Checked: Sep 1 at 3:20PM
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 172,000 SF neighborhood shopping center is anchored by Floor & Decor, identified as a new national tenant to the market. The property features a mix of local and national tenants within an established retail center, with pylon signage available for occupants. Box space is described as extremely limited.
Located on Richmond Road in Lexington, the center benefits from reported traffic of 50,000 ADT. The property is zoned B-3, and a new out-lot is available for ground lease. The combination of an established tenant mix, prominent signage opportunity, and additional ground-lease availability creates multiple components within the overall retail property.
Located on Richmond Road in Lexington, the center benefits from reported traffic of 50,000 ADT. The property is zoned B-3, and a new out-lot is available for ground lease. The combination of an established tenant mix, prominent signage opportunity, and additional ground-lease availability creates multiple components within the overall retail property.
Key Highlights
- 172,000 SF neighborhood shopping center
- Anchored by Floor & Decor, a new national tenant to the market
- Reported traffic of 50,000 ADT on Richmond Road
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,032
Businesses Nearby
556k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 23%
Groceries 15%
Home Improvements & Furnishings 7%
Kroger
Groceries
71,205 visits/mo
0.3 miles
Texas Roadhouse
Dining
44,641 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
29,706 visits/mo
0.3 miles
Gabe's
Shops & Services
28,049 visits/mo
0.4 miles
Speedway
Shops & Services
26,290 visits/mo
0.2 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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - The center combines B-3 zoning with local and national retail tenants.
Where is this shopping center located?
The property is located at 2909 Richmond Rd Lexington, KY.
What are key features of this property?
This property features: 172,000 SF neighborhood shopping center; Anchored by Floor & Decor, a new national tenant to the market; Reported traffic of 50,000 ADT on Richmond Road
