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Property profile & analytics
OFF-MARKET
Strip malls

152 Tiverton Way Lexington, KY 40503-4437

14,224 SF 1.49 ac lot Built 1981
Entity Owned 15-yr Hold Free & Clear
Property ID
US34-0523300
Property summary
AI-generated overview

Tiverton Center offers exceptional retail leasing opportunities in Lexington's prime retail hub. This single-story, 14,224 square foot center boasts a highly visible location on Tiverton Way, conveniently situated off Nicholasville Road and Man O' War Boulevard. The property features 71 parking spaces, providing ample parking for customers and employees (approximately one space per 200 square feet). Currently, there are two available spaces, ranging from a minimum of 1,757 square feet to a maximum contiguous space of 3,374 square feet, totaling 5,131 square feet of vacant space. The center is strategically positioned adjacent to major retailers like Walmart and Lowe's, and in close proximity to Fayette Mall, Lexington's premier regional shopping destination. This ensures high foot traffic and excellent visibility for prospective tenants. The property is zoned B-3, Highway Service Business, allowing for a variety of retail uses. Existing tenants include Orange Leaf Frozen Yogurt, Lendmark Financial, and ARCpoint Labs, creating a diverse and established tenant mix. This prime location offers unparalleled accessibility and exposure, making it an ideal opportunity for businesses seeking a thriving retail environment in a high-traffic area. The property's convenient location and strong tenant base make it a compelling investment for businesses looking to establish or expand their presence in Lexington's dynamic retail market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Total area 14,224 SF
Lot 1.49 ac (64,904 SF)
Zoning code B-3
APN 22017903
UPID US34-0523300
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
  • Orange Leaf Frozen Yogurt Grocery & Convenience Store Specialty Food Shop
  • Lendmark Financial Services LLC Loan Service
  • Tiverton Center Shopping Center & Mall
  • Scrub World (Bike/Boat/Book/etc) Store
  • ANJAY's Kids Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Prometheus Prop LLC · 15 yrs held
Prometheus Prop LLC
since 2011
2 recorded transactions
2021
Price N/A
2011
$3.4M
Zoning & alternative use
B-3 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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