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    208 Legends Ln Lexington, KY 40505

    For Lease
    $15 SF/Yr

    High-traffic shopping center with available space.

    Lot size:
    70,217 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This prime Lexington, KY retail property, Northland Shopping Center, offers exceptional leasing opportunities. Located at 208 Legends Ln, 40505, this 70,217 square foot shopping center boasts a desirable location at the intersection of Legends Lane and North Broadway, benefiting from an average daily traffic count of approximately 15,424 vehicles (2016 data). The center features a strong anchor tenant lineup, including a high-volume Save-A-Lot Grocery and Dollar General. Its strategic proximity to the Wild Health FieldBallpark, home to the Lexington Legends minor league baseball team, provides significant foot traffic and visibility. The ballpark accommodates 9,000 seated fans and up to 15,000 for special events. Available spaces range from 2,168 to 2,400 contiguous square feet, with a total of 4,568 square feet currently vacant. The property is zoned B-1, Neighborhood Business (APN: 38040840), and offers ample parking for customers and employees. This is an excellent opportunity for businesses seeking high visibility and strong traffic flow in a thriving Lexington neighborhood. The minimum divisible space is 2,168 square feet.

    Property Features for 208 Legends Ln

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,217 SF
    Total Rate
    87771.25

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,168 SF
    Rate per SF
    $15
    Space
    Suite 105
    Size
    2,400 SF
    Rate per SF
    $15

    HighLights

    • 70,217 SF neighborhood center anchored by Save‑A‑Lot and Dollar General.
    • Adjacent to Wild Health Field, a 9,000‑seat (15,000 max capacity) ballpark.
    • 2,168 SF suite (Suite 101) available for lease; includes pick‑up window potential.
    • 2,400 SF endcap suite (Suite 105) available for lease.
    • High‑traffic location at Legends Lane and North Broadway, with an average daily traffic count of approximately 15,447 (2019 data).
    • Ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boost Mobile Cell Phone Store H&R Block Tax Preparation Service Lady Byrd's Hair ... Beauty Salon Advanced Injury Rehab ... Medical Clinic Injury-Care Center: MDs ... Medical Clinic

    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
    -84.4798507
    Latitude
    38.0643367

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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 208 Legends Ln Lexington, KY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 70,217 SF neighborhood center anchored by Save-A-Lot and Dollar General.; Adjacent to Wild Health Field, a 9,000-seat (15,000 max capacity) ballpark.; 2,168 SF suite (Suite 101) available for lease; includes pick-up window potential.
    Request Owner's contact information
    208 Legends Ln Lexington, KY 40505
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    Lexington, KY 40505
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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
    208 Legends Ln Lexington, KY 40505
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