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Sterling Center Strip Mall
For Lease
$15 SF/Yr CAM $3.50 /USD/SF/YR

565 E New Circle Rd, Lexington, KY 40505

Retail suites within a commercial center with pylon signage and direct exposure to a major Lexington roadway.

Space Size1,300 SF
Property Size13,500 SF
Days on Market101

Property Features for 565 E New Circle Rd

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF
Property subtype Retail
Zoning COMMERCIAL
Lease Type NNN

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Retail

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $1,625
Rent per SF/Year $15
CAM $3.50 /USD/SF/YR

Site & Location

Pylon Signage Yes
Traffic Count 35,783 vehicles/day

Amenities

Water
Sewer

Building Details

Tenancy Multiple Tenants
Building Size 13,500 SF

Spaces For Lease

at 565 E New Circle Rd Contact us

Available Space $15/Mo

Contact us
Listing Agency: NAI Isaac
Listed By: Zach Smith
Source: Kcrea.resimplifi
Added: May 22 Changed: Aug 28 Last Checked: Aug 29 at 5:54AM

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.

Sterling Center is a retail strip center offering approximately 1,300 SF for lease within a property totaling approximately 13,500 SF. The center is zoned COMMERCIAL and provides a pylon sign for tenant identification. Lease structure is NNN.

The property is located at 565 E New Circle Rd in Lexington, Kentucky, along East New Circle Road between Winchester Road and Bryan Station Road. The site records a traffic volume of 35,783 vehicles per day in front of the property, providing direct exposure along the corridor.

Key Highlights

  • Approximately 1,300 SF available within a +/-13,500 SF retail strip center
  • 35,783 VPD traffic count in front of the site
  • Pylon sign available for tenant identification

Property Analytics

Current Use

Premier Tax & Accounting ... Tax Preparation El Antojito Mexican ... Restaurant Relax Foot Spa Alternative Medicine Practice PeopleReady Employment Agency Work Connection Employment Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Bakery Skin Care Clinic Nail Salon

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

35,783 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Shops & Services 36% Dining 12% Apparel 7%
Kroger Groceries
41,668 visits/mo 0.4 miles
Speedway Shops & Services
11,871 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
11,543 visits/mo 0.5 miles
Green's Toyota Of Lexington Shops & Services
8,943 visits/mo 0.3 miles
Tudor's Biscuit World Dining
6,914 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail suites within a commercial center with pylon signage and direct exposure to a major Lexington roadway.
Where is this strip mall located?
The property is located at 565 E New Circle Rd Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 1,300 SF available within a +/-13,500 SF retail strip center; 35,783 VPD traffic count in front of the site; Pylon sign available for tenant identification
More about this property
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