You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Commercial land

120 Malabu Dr Lexington, KY 40503

0.5 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US34-0484656
Property summary
AI-generated overview

This exceptional retail opportunity presents 5,300 square feet of brand-new, versatile space within The Venue, situated on Nicholasville Road in Lexington, Kentucky. The property boasts a prime location within a high-traffic retail corridor, experiencing approximately 45,326 vehicles per day. This ensures strong daytime and evening visibility, benefiting from both robust commuter and residential traffic. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 5,300 square feet, offering flexibility for various business needs. The entire 5,300 square feet is currently vacant and ready for immediate occupancy. The 0.495-acre lot houses a single building, zoned for commercial use. This location benefits from its proximity to major retail centers, including the Fayette Mall (over 1.2 million square feet), Plaza at Fayette Mall, and Summit at Fritz Farm, as well as the University of Kentucky, Blue Grass Airport, downtown Lexington, and Baptist Health. The address is 120 Malabu Dr, Lexington, KY 40503, conveniently located off Nicholasville Road and within New Circle Road. The property's classification includes retail, office, and restaurant uses, making it suitable for a wide range of businesses. The property is classified as both retail and executive office space, and is a freestanding building with multiple tenancy options.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.5 ac (21,580 SF)
Zoning code B-3
APN 38273860
UPID US34-0484656
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
Current use
Occupant on record · Public records
  • MedixDx-Malabu Dr Medical Laboratory
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
2420 Holding Co LLC · 10 yrs held
2420 Holding Co LLC
since 2016
1 recorded transaction
2016
$4.8M
Zoning & alternative use
B-3 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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?”
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