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    134 Malabu Dr Lexington, KY 40503

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    5,200 SF Freestanding Restaurant Sublease

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5,200 square foot freestanding restaurant presents a unique sublease opportunity in Lexington, Kentucky. Located at 134 Malabu Drive, this property boasts a convenient drive-thru, a significant advantage in today's fast-paced market. Situated in the highly desirable Venue, on Nicholasville Road, this location benefits from exceptional visibility and high traffic volume, exceeding 45,326 vehicles per day. The B-3, Highway Service Business zoning ensures flexibility for a variety of restaurant concepts. The building's single-tenant occupancy provides a streamlined operational environment. This prime location offers strong daytime and evening traffic patterns, supported by a dense residential population and a robust retail environment. The property enjoys close proximity to major retail centers including the Fayette Mall (over 1.2 million square feet), Plaza at Fayette Mall, and Summit at Fritz Farm. Furthermore, its convenient location near the University of Kentucky, Blue Grass Airport, downtown Lexington, and Baptist Health ensures a large and diverse customer base. This is an unparalleled opportunity to establish or expand a thriving restaurant business in a high-demand area of Fayette County, Kentucky, zip code 40503. The property is easily accessible from Nicholasville Road, offering excellent visibility and convenient access for customers.

    Property Features for 134 Malabu Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF

    Unit(s) available at that property

    Space
    Size
    5,200 SF

    HighLights

    • Rare 5,200 SF second‑generation restaurant sublease opportunity on Nicholasville Road in Lexington, KY.
    • Turn‑key restaurant with drive‑thru and patio. FF&E available for purchase.
    • Located in The Venue, a 100% leased center with over 45,326 vehicles per day.
    • Strong daytime and evening traffic, ample retail support, and high residential density.
    • Cross‑parking available.
    • Excellent location near University of Kentucky, Fayette Mall, and other major retail centers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jason's Deli Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -84.5174264
    Latitude
    38.0020786

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    FAQs

    What type of property is this?
    Restaurant - 5,200 SF Freestanding Restaurant Sublease
    Where is this restaurant located?
    The property is located at 134 Malabu Dr Lexington, KY.
    What are key features of this property?
    This property features: Rare 5,200 SF second-generation restaurant sublease opportunity on Nicholasville Road in Lexington, KY.; Turn-key restaurant with drive-thru and patio. FF&E available for purchase.; Located in The Venue, a 100% leased center with over 45,326 vehicles per day.
    Request Owner's contact information
    134 Malabu Dr 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
    134 Malabu Dr Lexington, KY 40503
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