Property profile

1997 Justice Dr Lexington, KY 40509

OFF-MARKET
Retail properties & Spaces
11,733 SF Built 2025
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity is located within Pleasant Ridge Commons, a vibrant mixed-use development in Lexington, KY's Hamburg area. The property is a new construction strip center, part of a larger development including a SpringHill Suites by Marriott hotel and a luxury apartment building. This Class A space offers a total of 11,733 square feet, divided into three suites, with a minimum divisible space of 3,911 square feet and a maximum contiguous space of 3,911 square feet. Two spaces are currently available, ranging from 1,866 to 3,911 square feet. The building boasts a single story design, completed in 2025, and is zoned for commercial use. Its strategic location provides unparalleled access to a dense concentration of established businesses, including high-end restaurants like Malone's, Drake's, Double Dogs, and Outback Steakhouse, as well as popular quick-service restaurants such as Chick-fil-A, McDonald's, Taco Bell, and Arby's, and numerous national retailers. The property's proximity to Bryant Road ensures high visibility and convenient access for customers. Groundbreaking for this development commenced in the summer of 2023, making this a truly unique opportunity to secure space in a brand-new, high-demand location. Don't miss out on this chance to establish your business in a thriving commercial hub.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2025
Total area 11,733 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1997 Justice Dr Lexington, KY 40509
Lexington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1997 Justice Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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