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    OFF-MARKET
    Retail properties & Spaces

    1997 Justice Dr, Lexington, KY 40509

    11,733 SF Built 2025
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Zoning & alternative use
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