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Kroger-Anchored Retail Center Opportunity
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3650 Boston Road, Lexington, KY 40514

Retail spaces available in a Kroger-anchored neighborhood center.

Property Size124,966 SF
Days on Market264

Property Features for 3650 Boston Road

General Information

Standard status Active
Size 124,966 SF
Property subtype Retail

Building Details

Building Size 124,966 SF

Properties For Sale

at 3650 Boston Road Contact us

Suite 110B

Size
1,344 SF
Type
Neighborhood Center
Term
Negotiable
Contact us

Suite 188 (Sublease)

Size
2,640 SF
Type
Neighborhood Center
Term
Negotiable
Contact us
Listing Agency:
Listed By: Paul Ray Smith, Jr · License #KY #183529
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:40AM

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 Paul Ray Smith, Jr

Investment Insights

Based on property information with market context.

Millpond Center, a Kroger-anchored neighborhood center, presents leasing opportunities. The center encompasses approximately 124,966 square feet and benefits from strong residential support. Its tenant mix includes retail, restaurant, and service providers. The property is accessible from multiple points on Man O' War Boulevard and Boston Road. Suite 110B offers approximately 1,344 square feet for lease. Suite 188 provides approximately 2,640 square feet for sublease, with the existing lease expiring on October 31, 2028; additional terms may be available directly from the landlord. The location features right-in, right-out access on Man O' War Boulevard. Current tenants include Kroger, Workout Anytime, Subway, Feeders Supply, Boston Road Animal Clinic, Banners, and Jimmy Johns. The Kroger location has been recently renovated, both interior and exterior, and includes a Kroger Wine & Spirits and ClickList. The property is located on the south side of Lexington, one mile west of Summit at Fritz Farm and Fayette Mall, a mixed-use development of approximately 300,000 square feet, and Fayette Mall, a regional mall of 1.2 million square feet. Ample parking is available.

Key Highlights

  • Kroger‑anchored center with recently renovated Kroger including Kroger Wine & Spirits and ClickList.
  • Located at the high‑traffic intersection of Man O' War Boulevard and Boston Road.
  • Proximity to Summit at Fritz Farm and Fayette Mall.

Property Analytics

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.

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
85k
Monthly Visits Nearby

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 0.1 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

Market

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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Frequently Asked Questions

What type of property is this?
Strip mall - Retail spaces available in a Kroger-anchored neighborhood center.
Where is this strip mall located?
The property is located at 3650 Boston Road Lexington, KY.
What are key features of this property?
This property features: Kroger‑anchored center with recently renovated Kroger including Kroger Wine & Spirits and ClickList.; Located at the high‑traffic intersection of Man O' War Boulevard and Boston Road.; Proximity to Summit at Fritz Farm and Fayette Mall.
More about this property
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