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    2220 Nicholasville Rd Lexington, KY 40503

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Lexington Office Space: 8,000 sq ft available.

    Lot size:
    78,319 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space, located within the established Zandale Shopping Center at 2220 Nicholasville Rd, Lexington, KY 40503, offers 8,000 square feet of vacant space on the upper floor. The building, constructed in 1962 and extensively renovated in 2022, boasts a total of 78,319 square feet across two stories. The space features a desirable 12-foot ceiling height. This single-building property is zoned B-1 Neighborhood Business (APN 15087701), providing ample opportunity for a variety of businesses. Situated on a high-traffic section of Nicholasville Road, with over 43,000 vehicles passing daily, this location benefits from excellent visibility and strong anchor tenants including Panera Bread, Fazoli's, Chase Bank, Penn Station, and UPS. The property's prime location and high visibility make it an ideal space for businesses seeking a prominent presence in Lexington. The available space is part of a multi-tenant building, offering a vibrant and established business environment. This is a rare opportunity to secure a significant amount of office space in a highly sought-after location.

    Property Features for 2220 Nicholasville Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    78,319 SF
    Total Rate
    97898.75

    Building Details

    Year Built/Renovated
    1962/2022
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 250
    Size
    8,000 SF
    Rate per SF
    $15

    HighLights

    • 8,000 SF of vacant executive office space available on the upper floor of Zandale Shopping Center, Lexington, KY.
    • Located at 2220 Nicholasville Rd, in a high‑traffic area with over 43,000 vehicles daily.
    • Building features 78,319 SF total, built in 1962, extensively renovated in 2022, with 12‑foot ceilings.
    • Zoned B‑1 Neighborhood Business (APN 15087701), situated between Planet Fitness and Panera Bread, with strong anchor tenants including Panera Bread, Fazoli's, Chase Bank, Penn Station, and UPS.
    • Single‑story building with surface parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kentucky Land Title ... Association Or Organization McNay Settlement Group Financial Planner Zandale Shopping Center Shopping Mall Zandale Barber Shop Barber Shop Visions Hair Design Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5164023
    Latitude
    38.0070207

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lexington Office Space: 8,000 sq ft available.
    Where is this office property / space located?
    The property is located at 2220 Nicholasville 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: 8,000 SF of vacant executive office space available on the upper floor of Zandale Shopping Center, Lexington, KY.; Located at 2220 Nicholasville Rd, in a high-traffic area with over 43,000 vehicles daily.; Building features 78,319 SF total, built in 1962, extensively renovated in 2022, with 12-foot ceilings.
    Request Owner's contact information
    2220 Nicholasville Rd Lexington, KY 40503
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    Lexington, KY 40503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2220 Nicholasville Rd Lexington, KY 40503
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