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Neighborhood Center Retail Space

3101 Clays Mill Road #104, Lexington, KY 40503

For Lease
$18 SF/Yr

Nearby businesses include North Lime Donuts, Crank and Boom, Bluegrass Baking Company, Big Kahuna, and Goodwill.

Space SizeContact for details
Days on Market723

Property Features for 3101 Clays Mill Road #104

General Information

Standard status Active
Zoning B-1

Site & Location

Neighborhood Stonewall Community Assoc.

Building Details

Year Built 1981
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License KY #217370
Source: Bluegrasspropertiesgroup
Added: Nov 18, 2024 Changed: Nov 4 Last Checked: Nov 10 at 1:16AM

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.

Retail space is available at Stonewall Shopping Center, a neighborhood retail property built in 1981. The site is zoned B-1.

The center is situated where Reynolds Road meets Clays Mill Road, near Fayette Mall. Other businesses at the center include North Lime Donuts, Crank and Boom, Bluegrass Baking Company, Big Kahuna, and Goodwill.

Key Highlights

  • Retail space in Stonewall Shopping Center
  • Built in 1981
  • B‑1 zoning

Property Analytics

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

Current Use

Stonewall Center Strip ... Bakery Keith Renfro - State ... Insurance Agency New Home Collective ... Real Estate Agency David A Holladay Law Firm Peoples Exchange Bank Bank

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Restaurant Furniture & Home Goods (Bike/Boat/Book/etc) Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 19%
Bargain Hunt Shops & Services
15,339 visits/mo 0.0 miles
Dollar Tree Shops & Services
14,124 visits/mo
Domino's Pizza Dining
8,260 visits/mo 0.1 miles
Shell Shops & Services
6,963 visits/mo 0.1 miles
Marathon Shops & Services
6,058 visits/mo 0.5 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 45% 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 - Nearby businesses include North Lime Donuts, Crank and Boom, Bluegrass Baking Company, Big Kahuna, and Goodwill.
Where is this retail space located?
The property is located at 3101 Clays Mill Road #104 Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail space in Stonewall Shopping Center; Built in 1981; B‑1 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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