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Retail Space with Storage
For Lease
$20 SF/Yr

3124 Richmond Road, Lexington, KY 40517

Commercial Lease, Lexington, KY

Space Size2,400 SF
Lot Size10.47 Acres
Days on Market261

Property Features for 3124 Richmond Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-3
Subdivision Commercial
Directions From Richmond Rd, take Locust Hill
Standard status Active
APN 19309450-1
Size 22,295 SF
Lot size 10.47 Acres

Amenities

private bathrooms
storage area

Building Details

Year built 1993
Listing Agency: The Gibson Company
Listed By: Christa Collins · License #239962
Added: Jan 29 Changed: Oct 2 Last Checked: Oct 17 at 2:06AM
MLS# 26001877

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Available retail space at Mist Lake Plaza Shopping Center offers 2,400 SF for lease. The suite features an open sales area, two private bathrooms, and a separate storage area, providing a straightforward layout for retail operations.

The property is located at 3124 Richmond Road in Lexington, Kentucky, within a 10.467-acre shopping center property. The center was built in 1993, and the space carries B-3 zoning.

Key Highlights

  • 2,400 SF retail space available for lease
  • Open retail area suitable for flexible merchandising
  • Two private bathrooms within the suite

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Electrical 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby
464k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 28% Groceries 18% Electronics 2%
Kroger Groceries
71,205 visits/mo 0.4 miles
Texas Roadhouse Dining
44,641 visits/mo 0.2 miles
Gabe's Shops & Services
28,049 visits/mo 0.1 miles
Speedway Shops & Services
26,290 visits/mo 0.4 miles
Wendy's Dining
24,492 visits/mo 0.3 miles

Demographics for 40517, KY

37,751
Population
18,306
Households
2.1
Avg Household Size
33
Median Age
41%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
6,089
Density / Sq Mi
$51,778
Median Household Income
$35,010
Median Earnings
$1,092
Median Rent
$196,300
Median Home Value
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Market

Lease Benchmarks for Lexington, KY

$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,955 SF
Avg Space Size

This space is priced 39% below the average of $32.72 /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

Frequently Asked Questions

What type of property is this?
Retail space - Open retail layout with two private bathrooms and a dedicated storage area in a shopping center setting.
Where is this retail space located?
The property is located at 3124 Richmond Road Lexington, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,400 SF retail space available for lease; Open retail area suitable for flexible merchandising; Two private bathrooms within the suite
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