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    130 Tiverton Way Lexington, KY 40503

    Sponsored
    For Lease
    $15 SF/Yr

    Lexington Retail Strip Center, 14 Suites

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story retail strip center, known as Tiverton Shoppes, offers 40,000 square feet of retail space in Lexington, Kentucky. Located at 130 W Tiverton Way, this property boasts 14 individual suites, providing ample opportunity for diverse businesses. Currently, there are 7,000 square feet of vacant space available, presenting a prime chance for expansion or new tenancy. The center enjoys a highly desirable location directly off Nicholasville Road, strategically positioned between The Summit at Fritz Farm and Fayette Mall, ensuring high visibility and foot traffic. This prime location within Fayette County offers excellent access to major thoroughfares and a dense residential population. The property features a single building with no elevators, making it easily navigable. The available space presents a unique opportunity for businesses seeking a well-established retail presence in a thriving Lexington market. With its convenient location and ample space, Tiverton Shoppes is an ideal investment for retailers looking to establish or expand their operations in a high-traffic area. The zip code is 40503.

    Property Features for 130 Tiverton Way

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    50000

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    9,000 SF
    Rate per SF
    $15
    Space
    Available Space 12
    Size
    4,000 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Willis Music Lexington Music Store Aspire Fitness Personal Trainer Yamamoto Japanese Grill ... Beauty Salon CPR Cell Phone ... Electronics Repair Shop La Taquiza Taqueria ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5306561
    Latitude
    37.9802971

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    FAQs

    What type of property is this?
    Neighborhood center - Lexington Retail Strip Center, 14 Suites
    Where is this neighborhood center located?
    The property is located at 130 Tiverton Way Lexington, KY.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    Request Owner's contact information
    130 Tiverton Way 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
    130 Tiverton Way Lexington, KY 40503
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