Retail Suite with Road
For Lease
$15 SF/Yr
470 NE New Circle Road #7, Lexington, KY 40505
B-3 zoning supports the retail space at this New Circle Road address.
Space Size1,200 SF
Days on Market935
Property Features for 470 NE New Circle Road #7
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Total Parking Spaces
5
Zoning
B-3
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Space Use
Retail
Additional Details
Anchor Co-Tenants
Lend Nation, Boost Mobile
Building Details
Building Size
1,200 SF
Buildings
1
Stories
1
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Ed Richardson · License #209184
(859) 559-3456
Source:
Bluegrasspropertiesgroup
Added: Apr 1, 2024
Changed: Oct 22
Last Checked: Oct 22 at 2:11PM
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 The Gibson Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot retail suite is at 470 NE New Circle Road, Suite 7, in Lexington. The property has frontage on New Circle Road and is zoned B-3.
The suite sits between Lend Nation and Boost Mobile, placing it among established retail businesses.
The suite sits between Lend Nation and Boost Mobile, placing it among established retail businesses.
Key Highlights
- 1,200 square feet of retail space
- Frontage on New Circle Road
- B‑3 zoning
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 32%
Dining 21%
Apparel 5%
Kroger
Groceries
41,668 visits/mo
0.3 miles
White Castle
Dining
16,054 visits/mo
0.4 miles
Speedway
Shops & Services
11,871 visits/mo
0.2 miles
Kroger Fuel Center
Shops & Services
11,543 visits/mo
0.4 miles
Green's Toyota Of Lexington
Shops & Services
8,943 visits/mo
0.4 miles
Demographics for 40505, KY
26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
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
$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,936 SF
Avg Space Size
This space is priced 54% below the average of $32.72 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - B-3 zoning supports the retail space at this New Circle Road address.
Where is this retail space located?
The property is located at 470 NE New Circle Road #7 Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,200 square feet of retail space; Frontage on New Circle Road; B‑3 zoning
