220 Ruccio Way Lexington, KY 40503
- Strip malls
- 18,394 SF
- 1.42 lot acres
Current Use by Public Records
- Edward Jones - Financial Advisor: Griffin L Johnson, CRPC™ / Investment Service / Finance Broker
- Edward Jones - Financial Advisor: Jayme W Nelson / Financial Consultant / Finance Broker
- Aqua-Tots Swim Schools Lexington / Swimming Pool / Swimwear Store
- LeanFeast® / Health Food Restaurant / Caterer
- Craft & Care Dental Co. / Dentist
Property Details for 220 Ruccio Way
- Year built
- 2015
- Lot size
- 1.42 lot acres
- Property size
- 18,394 SF
- Zone code
- B-6P
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 38195320
- APU
- 38195320
Description
This exceptional 3,000 square foot retail suite is available for lease within the Ruccio Pavilion, a vibrant shopping center in Lexington, Kentucky. Located at 220 Ruccio Way, 40503, this street retail space benefits from its strategic placement within a Meijer-anchored development, ensuring high foot traffic and excellent visibility from Ruccio Way and Reynolds Road. The suite is part of a larger 18,394 square foot building situated on a 1.42-acre lot, zoned B-6P in Fayette County. The upscale design of Ruccio Pavilion creates an attractive environment for businesses. This family-friendly location is in one of Lexington's busiest areas, offering significant potential for growth and success. The suite is ideally suited for a variety of retail uses and enjoys the benefit of being near established businesses such as Aqua-Tots Swim School, Commonwealth Dentistry, Mr. Brews Taphouse, Edward Jones, and Lean Feast. This presents a unique opportunity to establish a presence in a thriving retail environment with strong existing tenant synergy. The property offers ample parking and convenient access for customers. Inquire today to learn more about this exceptional retail leasing opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,755,000
- 6.5%
- $4,295,000
- 7%
- $4,280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,905,000
- Geo Method
- $4,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,475,000
- Retail
- $4,750,000
- Mixed-Use
- $4,650,000
- Hospitality
- $4,070,000
- Educational
- $4,255,000
- Residential Income
- $3,485,000
- Energy
- $4,355,000
- Income-Based Land
- $4,850,000
- Food Service
- $4,150,000
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5295
- Latitude
- 37.9956
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
