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Property profile & analytics
FOR LEASE
Strip malls

208 Legends Ln Lexington, KY 40505

62,615 SF 6.46 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US34-0584735
Property summary
AI-generated overview

This prime Lexington, KY retail property, Northland Shopping Center, offers exceptional leasing opportunities. Located at 208 Legends Ln, 40505, this 70,217 square foot shopping center boasts a desirable location at the intersection of Legends Lane and North Broadway, benefiting from an average daily traffic count of approximately 15,424 vehicles (2016 data). The center features a strong anchor tenant lineup, including a high-volume Save-A-Lot Grocery and Dollar General. Its strategic proximity to the Wild Health FieldBallpark, home to the Lexington Legends minor league baseball team, provides significant foot traffic and visibility. The ballpark accommodates 9,000 seated fans and up to 15,000 for special events. Available spaces range from 2,168 to 2,400 contiguous square feet, with a total of 4,568 square feet currently vacant. The property is zoned B-1, Neighborhood Business (APN: 38040840), and offers ample parking for customers and employees. This is an excellent opportunity for businesses seeking high visibility and strong traffic flow in a thriving Lexington neighborhood. The minimum divisible space is 2,168 square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 62,615 SF
Lot 6.46 ac (281,441 SF)
Zoning code B-1
APN 38040840
UPID US34-0584735
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
  • Boost Mobile Mobile Phone Store Electronics & Wireless Store
  • H&R Block Tax Preparation
  • Lady Byrd's Hair Design Hair Salon Nail Salon
  • Advanced Injury Rehab - Auto & Work accident Injury Doctors Medical Clinic
  • Injury-Care Center: MDs and Chiropractors for Auto & Work-Injury Medical Clinic
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
Ldn Northland LLC · 1 yrs held
Ldn Northland LLC
since 2025
3 recorded transactions
2025
Price N/A
2019
Price N/A
2016
Price N/A
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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