Neighborhood Center on Richmond
For Lease
Contact for pricing
2907 Richmond Rd, Lexington, KY 40509
172,000 SF neighborhood center with national and local tenants.
Space Size3,150 SF
Property Size172,865 SF
Days on Market1607
Property Features for 2907 Richmond Rd
General Information
Standard status
Active
Size
3,150 SF
Total Parking Spaces
736
Property subtype
Retail, Land
Lease Type
NNN
Building Details
Building Size
172,865 SF
Year Built
1979
Tenancy
Multiple
Spaces For Lease
at 2907 Richmond Rd Contact us- Type
- Land, Retail
- Lease Type
- NNN
- Availability
- Active
Potential Outlot
- Size
- 3,150 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 80
Listing Agency:
Equity Management Group Inc
(859) 266-1414
Listed By:
Jason Taylor · License #KY 72700
Source:
Crexi
Added: Mar 30, 2022
Changed: Aug 21
Last Checked: Aug 21 at 6:29AM
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 Equity Management Group Inc
Investment Insights
Based on property information with market context.
This 172,000 square foot neighborhood center is located on Richmond Road. The property benefits from a traffic volume of 50,000 ADT. It features a mix of local and national tenants, including a new national tenant to the market, Floor & Decor. Pylon signage is available. An out-lot is available for ground lease.
Key Highlights
- Anchored by a new national tenant, Floor & Decor.
- High traffic location: 50,000 ADT on Richmond Road.
- Strong retail corridor with a mix of local and national tenants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,032
Businesses Nearby
556k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 23%
Groceries 15%
Home Improvements & Furnishings 7%
Kroger
Groceries
71,205 visits/mo
0.3 miles
Texas Roadhouse
Dining
44,641 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
29,706 visits/mo
0.3 miles
Gabe's
Shops & Services
28,049 visits/mo
0.4 miles
Speedway
Shops & Services
26,290 visits/mo
0.2 miles
Demographics for 40509, KY
44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$21.33 /SF/Yr
Avg Asking Price
$9–$38 /SF/Yr
Price Range
75,143 SF
Avg Space Size
This space is priced 2% below the average of $21.33 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Lakeview Plaza — 2909 Richmond Rd, Lexington, KY 40509
- Mist Lake Shopping Center — 3140 Richmond Rd, Lexington, KY 40509
- Patchen Square — 2860 Richmond Rd, Lexington, KY 40517
- Coin Cloud Bitcoin ATM — 3110 Richmond Rd, Lexington, KY 40502
- Coinstar Kiosk | Bitcoin ATM — Kroger - Louisville, 3101 Richmond Rd, Lexington, KY 40509
Frequently Asked Questions
What type of property is this?
Shopping center - 172,000 SF neighborhood center with national and local tenants.
Where is this shopping center located?
The property is located at 2907 Richmond Rd Lexington, KY.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Anchored by a new national tenant, Floor & Decor.; High traffic location: 50,000 ADT on Richmond Road.; Strong retail corridor with a mix of local and national tenants.
