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Fully Leased Retail Strip Center
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3701 LEXINGTON RD, Louisville, KY 40207

Fully leased retail strip center in St. Matthews, providing an occupied setup for a straightforward ownership transition.

Property Size5,488 SF
Price / SF$453.61
Days on Market95

Property Features for 3701 LEXINGTON RD

General Information

Standard status Active
Size 5,488 SF
Property subtype Retail
Zoning C-2
Occupancy 100%

Building Details

Year Built 2006
Stories 1
Units 5
Listing Agency: Horizon Commercial Realty
Listed By: Steve Lennon · License #KY 215117
Source: Crexi
Added: May 28 Changed: Aug 27 Last Checked: Aug 29 at 10:00PM

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 Horizon Commercial Realty

Investment Insights

Based on property information with market context.

This fully leased retail strip center is offered for sale and totals approximately 5,488 square feet. The property is configured as a multi-tenant retail asset, with all space currently leased.

Located at 3701 Lexington Rd in Louisville, Kentucky, the center is described as being in St. Matthews. The existing tenant occupancy supports an ownership structure geared toward buyers seeking an income-producing property with in-place leasing.

For investors or owner-operators looking at retail in the Louisville area, this center’s key attribute is that it is fully leased, reducing the need to immediately address leasing downtime. The combination of an established retail configuration and current tenancy makes it a practical option for buyers who want a ready-to-operate retail asset at acquisition. Please contact us for additional details on the leasing structure and tenant arrangements.

Key Highlights

  • Retail strip center built in 2006
  • Fully leased retail center in St. Matthews

Property Analytics

Current Use

Studio 657 Hair Salon Amy Guyton, BS ... Alternative Medicine Practice Radiant Skin Treatments Medical Clinic Edible Arrangements Take-out & Catering Asahi Japanese Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Computer & Electronic Repair Auto Parts Store Barber Shop (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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,210
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 21% Groceries 3% Home Improvements & Furnishings 2%
Starbucks Dining
11,935 visits/mo 0.1 miles
Graeter's Ice Cream Dining
9,658 visits/mo 0.3 miles
Jimmy John's Dining
8,090 visits/mo 0.4 miles
Heine Brothers Coffee Dining
7,226 visits/mo 0.3 miles
PNC Bank Shops & Services
5,975 visits/mo 0.3 miles

Demographics for 40207, KY

30,104
Population
14,507
Households
2.1
Avg Household Size
43
Median Age
68%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
2,573
Density / Sq Mi
$98,583
Median Household Income
$59,242
Median Earnings
$1,248
Median Rent
$401,500
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail strip center in St. Matthews, providing an occupied setup for a straightforward ownership transition.
Where is this strip mall located?
The property is located at 3701 LEXINGTON RD Louisville, KY.
What is the asking price?
The asking price for this property is $2,489,400.
What are key features of this property?
This property features: Retail strip center built in 2006; Fully leased retail center in St. Matthews
(502) 939-2080 Call to check price and availability
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