Divisible Retail
4097 Nichols Park Drive, Lexington, KY 40503
For Lease
New
$23 SF/Yr
Commercial Lease, Lexington, KY
Space Size1,400 SF - 2,800 SF
Property Size10,000 SF
Lot Size1.35 Acres
Days on Market4
Property Features for 4097 Nichols Park Drive
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Building Details
Year built
Listing Agency:
Keller Williams Commonwealth · Keller Williams Realty
(859) 721-2121
Listed By:
Bryan Little · License KY #217370
(859) 619-4969
Added: Nov 6
Last Checked: Nov 9 at 11:06PM
MLS# 26030640
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.
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Investment Insights
Based on property information with market context.
This retail space totals 2,800 square feet and can be arranged as two 1,400-square-foot suites. It is part of a center of approximately 10,000 square feet, shadow-anchored by Lowe’s and Walmart.
The property is near the Man-O-War Boulevard and Nicholasville Road intersection, with access to Man O’ War Boulevard, Fayette Mall, and national retailers. The building was constructed in 2002, and the property is zoned B-3.
The property is near the Man-O-War Boulevard and Nicholasville Road intersection, with access to Man O’ War Boulevard, Fayette Mall, and national retailers. The building was constructed in 2002, and the property is zoned B-3.
Key Highlights
- 2,800 square feet, divisible into two 1,400‑square‑foot suites
- Part of an approximately 10,000‑square‑foot center
- Shadow‑anchored by Lowe’s and Walmart
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
697k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Superstores 23%
Shops & Services 14%
Apparel 8%
Walmart
Superstores
159,361 visits/mo
0.3 miles
Cinemark Fayette Mall
Leisure
55,513 visits/mo
0.4 miles
Whole Foods Market
Groceries
46,316 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
44,407 visits/mo
0.1 miles
J. Alexander's
Dining
37,600 visits/mo
0.5 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size
This space is priced 30% below the average of $32.8 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Lexington, KY
Properties on Market for Retail space in Lexington
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The offering can be divided into two separate suites.
Where is this retail space located?
The property is located at 4097 Nichols Park Drive Lexington, KY.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 2,800 square feet, divisible into two 1,400‑square‑foot suites; Part of an approximately 10,000‑square‑foot center; Shadow‑anchored by Lowe’s and Walmart
