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

    2220 Nicholasville Rd Lexington, KY 40503

    For Lease
    Contact for pricing

    Prime Retail Space, Zandale, 77,087 SF

    Lot size:
    77,087 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional single-tenant retail property, located within the thriving Zandale Shopping Center, presents a unique investment opportunity. The building boasts a total of 77,087 square feet, situated on a generous 5.99-acre lot (APN 15087701) in Fayette County. Currently, 2,500 square feet of space is available, recently renovated with a modern "white box" finish and attractive stained concrete flooring. The property is zoned B-2, allowing for a variety of retail uses. The single-story building offers excellent visibility and accessibility, making it an ideal location for a wide range of businesses. The existing infrastructure within the shopping center provides ample parking and convenient access for customers. This property is perfect for an owner-user seeking a high-profile location or an investor looking for a strong return on investment in a well-established retail center. The significant square footage and prime location within Zandale Shopping Center offer substantial potential for growth and profitability. The available space is ready for immediate occupancy, allowing for a quick start to operations. This is a rare opportunity to acquire a well-maintained retail space in a desirable location. The property's size and location within a larger shopping center provide significant advantages for attracting customers and establishing a successful business.

    Property Features for 2220 Nicholasville Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,087 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    2,500 SF

    HighLights

    • 77,087 square foot retail shopping center.
    • Single‑tenant occupancy.
    • 2,500 square feet of vacant space.
    • Situated on a 5.99‑acre lot in Fayette County.
    • B‑2 zoning.
    • One‑story building.
    Property Profile Insight Report 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
    -84.51654799
    Latitude
    38.0071931

    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?
    Lifestyle center - Prime Retail Space, Zandale, 77,087 SF
    Where is this lifestyle center located?
    The property is located at 2220 Nicholasville Rd Lexington, KY.
    What are key features of this property?
    This property features: 77,087 square foot retail shopping center.; Single-tenant occupancy.; 2,500 square feet of vacant space.
    Request Owner's contact information
    2220 Nicholasville Rd 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.
    2220 Nicholasville Rd
    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
    2220 Nicholasville Rd 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.