208 Legends Ln Lexington, KY 40505
For Lease
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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.
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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-1 · Lexington, KYLexington. Always verify with local authorities before improvements.
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.