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Retail Space Near Fayee Mall
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3865 Mall Road, Lexington, KY 40503

Retail opportunity adjacent to Fayee Mall in Lexington, Kentucky.

Space Size5,000 SF
Lot Size87.00 Acres
Days on Market492

Property Features for 3865 Mall Road

General Information

Standard status Active
Size 5,000 SF
Lot size 87.00 Acres
Property subtype Retail, Land

Building Details

Building Size 5,000 SF
Tenancy Single

Spaces For Lease

at 3865 Mall Road Contact us

Available Suite

Size
5,000 SF
Type
Land, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Isaac
Listed By: Chad Voelkert · License #KY 61869
Source: Crexi
Added: Apr 8, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:27AM

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.

This property presents a leasing opportunity in a new retail center located adjacent to the 1.2 million square foot Fayee Mall, which features over 150 stores on 87 acres. The location is in south Lexington, near a 190,000 square foot Plaza at Fayee Mall, a high-volume Walmart Supercenter, and a Lowe's Center. The surrounding trade area encompasses 2,147,714 square feet with an occupancy rate exceeding 97%. Nearby retailers and restaurants include Macy's, JCPenney, Dillard's, Dick's Sporting Goods, Old Navy, Lowe's, Walmart Supercenter, Cinemark 16-screen Theatre, P.F. Chang's, Abuelo's, TGI Fridays, Logan's Roadhouse, Moe's, Smashing Tomato, and Saul Good. An outparcel is available for lease.

Key Highlights

  • Adjacent to 1.2M SF Fayee Mall with over 150 stores.
  • Located in desirable south Lexington.
  • Anchored by a high‑volume Walmart Supercenter and Lowes.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility HVAC 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

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Dining 23% Superstores 15% Shops & Services 11%
Walmart Superstores
159,361 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
118,205 visits/mo 0.4 miles
Dillard's Apparel
57,252 visits/mo 0.4 miles
Cinemark Fayette Mall Leisure
55,513 visits/mo 0.2 miles
Whole Foods Market Groceries
46,316 visits/mo 0.3 miles

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$42.48 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
20,457 SF
Avg Space Size

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?
Retail space - Retail opportunity adjacent to Fayee Mall in Lexington, Kentucky.
Where is this retail space located?
The property is located at 3865 Mall Road Lexington, KY.
What are key features of this property?
This property features: Adjacent to **1.2M SF Fayee Mall with over 150 stores.**; Located in desirable south Lexington.; Anchored by a **high‑volume Walmart Supercenter and Lowes.**
(859) 422-4408 Call to check price and availability
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