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Upstairs Retail/Office Suite
For Lease
$700/Mo NNN

527 B Leighway Drive, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Space Size600 SF
Days on Market48

Property Features for 527 B Leighway Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Commercial
Parking 35
Subdivision Commercial
Directions It is off the EKU Bypass, overtop the barber shop and beside Little Caesar's.
Standard status Active
APN R002-0011-0009
Size 850 SF

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Central Air

Building Details

Floors in Building 1
Listing Agency: CENTURY 21 Advantage Realty
Listed By: Donna Thomas · License #277897
Added: Jul 6 Changed: Aug 4 Last Checked: Aug 22 at 12:06PM
MLS# 26016286

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Investment Insights

Based on property information with market context.

Suite B is an upstairs unit located in a multi-tenant building. The layout includes two small rooms with doors, a bathroom, and a larger open area (approximately 600 square feet), for a total listed size of 850 square feet. The unit also has a sign on the front of the space.

The building is positioned over a barber shop and includes Thai Smile, with the suite situated beside Little Caesars Pizza in a heavily trafficked area. The location is within the City of Richmond in Madison County, Kentucky at 527 B Leighway Drive.

This configuration supports a practical mix of office and retail needs, with enclosed rooms that can function as offices, consultation rooms, or back-of-house spaces, and an open area for primary operations. The space is offered for lease on triple-net terms, making it a useful option for tenants who prefer that expense structure.

Key Highlights

  • Upstairs commercial unit (B) in a building with Thai Smile and over a barber shop
  • About 600 sq ft with two small enclosed rooms, a bathroom, and a larger main area
  • Located beside Little Caesar's Pizza in a very well‑traveled area

Property Analytics

Current Use

Retail space

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

Lease Benchmarks for Richmond, KY

$10.24 /SF/Yr
Avg Asking Price
$6.91–$13.2 /SF/Yr
Price Range
31,980 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Upstairs suite with two private offices, bathroom, and open area, suited for office or retail use under triple-net terms.
Where is this retail space located?
The property is located at 527 B Leighway Drive Richmond, KY.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Upstairs commercial unit (B) in a building with Thai Smile and over a barber shop; About 600 sq ft with two small enclosed rooms, a bathroom, and a larger main area; Located beside Little Caesar's Pizza in a very well‑traveled area
More about this property
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