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    2321 Sir Barton Way Lexington, KY 40509

    For Lease
    Contact for pricing

    High-traffic shopping center with available space.

    Lot size:
    219,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Sir Barton Place, located at 2321 Sir Barton Way, Lexington, KY 40509, presents a compelling investment opportunity in a thriving retail environment. This Class C shopping center boasts a total of 219,188 square feet across five single-story buildings, situated conveniently near Man O' War Boulevard. Currently, 19,574 square feet of retail space is available, offering flexible options ranging from 1,003 to 2,550 square feet, ideal for a variety of businesses. The property is zoned for commercial use (APN: 38090030) and benefits from its location within the larger Hamburg Place development, a significant regional hub encompassing 160 acres of office space and over 3 million square feet of retail space, complemented by a substantial residential area. This prime location offers excellent visibility and accessibility, with easy access to I-75 and proximity to downtown Lexington. The multiple tenancy structure provides a diverse tenant mix, contributing to a robust and stable income stream. This opportunity allows investors to capitalize on the strong retail presence and significant growth potential within this established and expanding commercial area. The available spaces present a unique chance to establish or expand a business within a well-established and high-traffic shopping center.

    Property Features for 2321 Sir Barton Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    219,188 SF
    Class
    C

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 175
    Size
    1,003 SF
    Space
    Suite 190
    Size
    2,531 SF
    Space
    Suite 1895
    Size
    2,550 SF

    HighLights

    • Excellent leasing opportunities in the highly sought‑after Hamburg Trade Area.
    • The Fresh Market, Sierra Trading Post, and Skechers are upcoming anchors.
    • Retail spaces ranging from 1,003 to 2,550 square feet are available for lease.
    • Hamburg Place, a prominent regional shopping center and office development, enjoys convenient I‑75 access and proximity to Lexington's downtown.
    • This expansive development encompasses 160 acres of office space, 1,200 acres of residential areas, and over 3 million square feet of retail.
    • The trade area boasts a substantial population exceeding 443,000 within a 30‑minute drive, including 60,000 households with incomes over $75,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Staples Print & Marketing ... Print Shop RVEEDOM Recreational Vehicle Rental Agency Total Wine & More Liquor Store Half Price Books Book Store Hunt Home Improvements Handyman/Handywoman/Handyperson

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -84.4243239
    Latitude
    38.0215788

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    FAQs

    What type of property is this?
    Retail property - High-traffic shopping center with available space.
    Where is this retail property located?
    The property is located at 2321 Sir Barton Way Lexington, KY.
    What are key features of this property?
    This property features: Excellent leasing opportunities in the highly sought-after Hamburg Trade Area.; The Fresh Market, Sierra Trading Post, and Skechers are upcoming anchors.; Retail spaces ranging from 1,003 to 2,550 square feet are available for lease.
    Request Owner's contact information
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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
    2321 Sir Barton Way Lexington, KY 40509
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