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Retail Space in Kroger-Anchored Center
For Lease
$25 SF/Yr

3650 Boston Rd, Lexington, KY 40514

Retail and restaurant leasing opportunities in Lexington, Kentucky.

Space SizeContact for details
Days on Market709

Property Features for 3650 Boston Rd

General Information

Standard status Active
Property subtype Retail
Zoning B-6P, PLANNED SHOPPING CENTER
Lease Type NNN

Amenities

Water
Sewer

Spaces For Lease

at 3650 Boston Rd
Available Space $25/Mo
Contact us
Listing Agency: NAI Isaac
Listed By: Paul Ray Smith · License #30436
Source: Kcrea.resimplifi
Added: Oct 29, 2024 Changed: Sep 26 Last Checked: Oct 7 at 8:33AM

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 NAI Isaac

Investment Insights

Based on property information with market context.

Leasing opportunities are available at Millpond Center, a +/-124,966 SF Kroger-anchored shopping center. The neighborhood center benefits from strong residential support and features a mix of retail, restaurant, and service tenants. The property is accessible from multiple points on Man O' War Boulevard and Boston Road.

Key Highlights

  • Kroger‑anchored center provides consistent customer traffic.
  • Strong residential support ensures a steady customer base.
  • Multiple access points on Man O' War Boulevard and Boston Road.

Property Analytics

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Current Use

Western Union Bank Revive Chiropractic Centers ... Alternative Medicine Practice Papa Johns Pizza Restaurant A Brighter Future ABI Home Health Care Service higi Physician

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Building Supply Auto Repair Shop

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 40% Dining 31% Shops & Services 22% Apparel 8%
Kroger Groceries
33,843 visits/mo 0.1 miles
Speedway Shops & Services
13,407 visits/mo 0.1 miles
Starbucks Dining
12,715 visits/mo 0.2 miles
Goodwill Apparel
6,483 visits/mo 0.1 miles
Little Caesars Pizza Dining
5,349 visits/mo 0.2 miles

Demographics for 40514, KY

16,427
Population
6,566
Households
2.5
Avg Household Size
38
Median Age
54%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,476
Density / Sq Mi
$96,337
Median Household Income
$51,275
Median Earnings
$1,549
Median Rent
$289,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$21.39 /SF/Yr
Avg Asking Price
$9–$30 /SF/Yr
Price Range
91,001 SF
Avg Space Size

This space is priced 17% above the average of $21.39 /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
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Similar Off Market Nearby

  • Millpond Center — 3650 Boston Rd, Lexington, KY 40514
  • Coinstar Kiosk - Bitcoin ATM — Kroger - Louisville, 3650 Boston Rd, Lexington, KY 40514

Frequently Asked Questions

What type of property is this?
Shopping center - Retail and restaurant leasing opportunities in Lexington, Kentucky.
Where is this shopping center located?
The property is located at 3650 Boston Rd Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Kroger‑anchored center provides consistent customer traffic.; Strong residential support ensures a steady customer base.; Multiple access points on Man O' War Boulevard and Boston Road.
More about this property
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