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Open Retail Space
For Lease
$20 SF/Yr

3124 Richmond Road, Lexington, KY 40517

COMMERCIAL - Lexington, KY

Space Size2,400 SF
Lot Size10.47 Acres
Days on Market206

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

2 private bathrooms
storage area

Building Details

Year built 1993
Listing Agency: The Gibson Company
Listed By: Christa Collins · License #239962
Added: Jan 29 Changed: Aug 4 Last Checked: Aug 23 at 2:06PM
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.

Investment Insights

Based on property information with market context.

A 2400 SF retail suite is available at Mist Lake Plaza Shopping Center. The space features an open retail area, 2 private bathrooms, and a storage area, providing a straightforward configuration for commercial occupancy. The property carries B-3 zoning and was built in 1993.

The shopping center property encompasses 10.467 acres and has a total property size of 22295 square feet. The available suite is located at 3124 Richmond Road in Lexington, Kentucky.

Key Highlights

  • 2400 SF retail space at Mist Lake Plaza Shopping Center
  • Open retail area with 2 private bathrooms
  • Includes a storage area

Property Analytics

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

Market

Lease Benchmarks for Lexington, KY

$42.47 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
14,127 SF
Avg Space Size

This space is priced 53% below the average of $42.47 /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.

Frequently Asked Questions

What type of property is this?
Retail space - Available suite offers private bathrooms, storage, and an open layout within 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: 2400 SF retail space at Mist Lake Plaza Shopping Center; Open retail area with 2 private bathrooms; Includes a storage area
More about this property
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