Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 Malabu Dr Lexington, KY 40503

    For Lease
    $30 SF/Yr ($13,250 /Mo)

    New retail space, 1,500-5,300 SF, high traffic area.

    Lot size:
    5,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents 5,300 square feet of brand-new, versatile space within The Venue, situated on Nicholasville Road in Lexington, Kentucky. The property boasts a prime location within a high-traffic retail corridor, experiencing approximately 45,326 vehicles per day. This ensures strong daytime and evening visibility, benefiting from both robust commuter and residential traffic. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 5,300 square feet, offering flexibility for various business needs. The entire 5,300 square feet is currently vacant and ready for immediate occupancy. The 0.495-acre lot houses a single building, zoned for commercial use. This location benefits from its proximity to major retail centers, including the Fayette Mall (over 1.2 million square feet), Plaza at Fayette Mall, and Summit at Fritz Farm, as well as the University of Kentucky, Blue Grass Airport, downtown Lexington, and Baptist Health. The address is 120 Malabu Dr, Lexington, KY 40503, conveniently located off Nicholasville Road and within New Circle Road. The property's classification includes retail, office, and restaurant uses, making it suitable for a wide range of businesses. The property is classified as both retail and executive office space, and is a freestanding building with multiple tenancy options.

    Property Features for 120 Malabu Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,300 SF
    Total Rate
    13250

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 120
    Size
    5,300 SF
    Rate per SF
    $30

    HighLights

    • Brand new retail space available for lease.
    • 1,500 to 5,300 square feet of retail space available.
    • Located in The Venue, a new Lexington retail development.
    • Ample cross parking available.
    • Strong tenant mix including Dollar Tree, Jason's Deli, and other national and local businesses.
    • High‑traffic location on Nicholasville Road, boasting over 45,326 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MedixDx-Malabu Dr Medical Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5183336
    Latitude
    38.0026307

    Nearby Similar for Lease

    • $650 /Mo
      30,492 SF

      Downtown Lexington Coworking Space

      Flexible private offices in downtown Lexington with various amenities.
      110 W Vine St, Lexington, KY 40507
      View Details
    • $650 /Mo
      2,050 SF

      Premier Office Condo on Man O'War

      Turnkey office condo with visibility on Man O' War Boulevard.
      525 Darby Creek Rd, Lexington, KY 40509
      View Details
    • New
      $625 /Mo
      50,000 SF

      Private Office Spaces For Lease

      Three private office spaces available in Lexington, Kentucky.
      1500 Leestown Rd, Lexington, KY 40511
      View Details
    • New
      $2,500 /Mo
      Pending

      Versatile Office Space For Rent

      Handicap accessible office space near Hamburg with many possible uses.
      507 Darby Crk Rd Unit, Lexington, KY 40509
      View Details
    • $15 SF/Yr
      2,172 SF

      Prime Office/Showroom on New Circle

      Move-in ready office/retail space with high visibility near Nicholasville Road.
      2577 Regency Rd, Lexington, KY 40503
      View Details
    • $19 SF/Yr
      6,848 SF

      Downtown Lexington Creative Office Space

      Renovated historic building with modern amenities in downtown Lexington.
      146 E Third St, Lexington, KY 40508
      View Details

    FAQs

    What type of property is this?
    Restaurant - New retail space, 1,500-5,300 SF, high traffic area.
    Where is this restaurant located?
    The property is located at 120 Malabu Dr Lexington, KY.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Brand new retail space available for lease.; 1,500 to 5,300 square feet of retail space available.; Located in The Venue, a new Lexington retail development.
    Request Owner's contact information
    120 Malabu Dr Lexington, KY 40503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Malabu Dr
    Lexington, KY 40503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    120 Malabu Dr Lexington, KY 40503
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.