1555 E New Circle Rd Lexington, KY 40509
For Lease
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Woodhill Circle Plaza, located at 1555 E New Circle Rd, Lexington, KY 40509, presents a prime retail investment opportunity. This 341,956 square foot community shopping center boasts a highly desirable location on New Circle Road, a major Lexington thoroughfare with an average daily traffic count exceeding 42,767 vehicles. The property comprises twelve single-story buildings, offering excellent visibility and accessibility via multiple access points from New Circle Road, Palumbo Drive, Woodhill Drive, and Codell Drive. Spaces range from a minimum of 910 square feet to a maximum contiguous space of 2,100 square feet, with 9,410 square feet currently vacant. The center is anchored by established national retailers including Office Depot, Home Goods, The Tile Shop, and Dollar Tree, ensuring a strong tenant mix and consistent foot traffic. The property is zoned Commercial (APN: 15574950) and presents a unique chance to capitalize on a thriving retail market in a high-demand location. This is an exceptional opportunity for businesses seeking high visibility and convenient access in a well-established shopping center.
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Office Depot Tech Services Tech Support Center IT Consulting Firm
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Pho Saigon Restaurant
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W I Sparks General Contractor LLC Construction Company General Contractor
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Kelen Computer Services Computer & Electronic Repair
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The MailRoom Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Lexington, KYLexington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.