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1009-1017 Wellington Way Lexington, KY 40513

OFF-MARKET Neighborhood centers Google Maps
16,500 SF Built 2020
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This Class A retail center, totaling 16,500 square feet, presents a unique investment opportunity in Lexington, Kentucky. Located at 1009-1017 Wellington Way, this multi-tenant property sits on a 1.7-acre lot and offers spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,000 square feet. Built in 2020, the center boasts a desirable B-1, Neighborhood Business zoning designation within Fayette County. Its strategic location at the intersection of Harrodsburg Road and Wellington Way provides excellent visibility and accessibility. The property is situated near Palomar Center, offering convenient access to a high-traffic area. Furthermore, its proximity to Keeneland Racetrack and Blue Grass Airport enhances its appeal to a wide range of businesses. This is an exceptional opportunity to secure retail space in a thriving Lexington neighborhood, within a high-value zip code (40513). The property's modern construction and prime location make it an ideal choice for businesses seeking high visibility and strong foot traffic. The flexible space options cater to a variety of retail needs.

Property profile

Verified
Property type Neighborhood centers
Year built 2020
Total area 16,500 SF

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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
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