Freestanding Storefront
For Lease
$16 SF/Yr
735 Red Mile Road, Lexington, KY 40504
B-3 zoning and a mix of office, work, reception, break, and storage areas provide a flexible commercial layout.
Space Size2,000 SF
Days on Market466
Property Features for 735 Red Mile Road
General Information
Standard status
Active
Size
2,000 SF
Net Rentable
2,000 SF
Total Parking Spaces
10
Zoning
B-3
Space & Availability
Available Space
2,000 SF
Contiguous Space
2,000 SF
Additional Details
Road Access
Yes
Amenities
open entry/reception space
two private offices
work room
break area
storage rooms
signage
Building Details
Building Size
2,000 SF
Year Built
1976
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Lauren Cambron · License #78932
(859) 753-8154
Source:
Bluegrasspropertiesgroup
Added: Jul 29, 2025
Changed: Nov 4
Last Checked: Nov 6 at 12:25AM
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 Block + Lot Homes
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Investment Insights
Based on property information with market context.
This 2,000-square-foot freestanding building at 735 Red Mile Road is configured for retail or office use. The interior includes an entry and reception area, two private offices, a workroom, a break area, and multiple storage rooms. New flooring was installed during a recent renovation, and the building dates to 1976. B-3 zoning is in place.
The property has 10 dedicated parking spaces in a recently paved lot at the front of the building. Red Mile Road provides signage and visibility. The site is positioned between South Broadway and Versailles Road, within minutes of downtown Lexington and the University of Kentucky.
The property has 10 dedicated parking spaces in a recently paved lot at the front of the building. Red Mile Road provides signage and visibility. The site is positioned between South Broadway and Versailles Road, within minutes of downtown Lexington and the University of Kentucky.
Key Highlights
- 2,000 square feet in a freestanding building
- Two private offices, reception area, workroom, break area, and storage rooms
- B‑3 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Dining 3%
Thorntons
Shops & Services
11,104 visits/mo
0.3 miles
Sunoco
Shops & Services
4,009 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
3,812 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
2,681 visits/mo
0.3 miles
Marathon
Shops & Services
2,631 visits/mo
0.2 miles
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Lexington, KY
$53.71 /SF/Yr
Avg Asking Price
$12–$556 /SF/Yr
Price Range
5,677 SF
Avg Space Size
This space is priced 70% below the average of $53.71 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - B-3 zoning and a mix of office, work, reception, break, and storage areas provide a flexible commercial layout.
Where is this storefront property located?
The property is located at 735 Red Mile Road Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 2,000 square feet in a freestanding building; Two private offices, reception area, workroom, break area, and storage rooms; B‑3 zoning
