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Property profile & analytics
FOR LEASE
Strip malls

220 Ruccio Way Lexington, KY 40503

18,394 SF 1.42 ac lot Built 2015
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US34-0136386
Property summary
AI-generated overview

This exceptional 3,000 square foot retail suite is available for lease within the Ruccio Pavilion, a vibrant shopping center in Lexington, Kentucky. Located at 220 Ruccio Way, 40503, this street retail space benefits from its strategic placement within a Meijer-anchored development, ensuring high foot traffic and excellent visibility from Ruccio Way and Reynolds Road. The suite is part of a larger 18,394 square foot building situated on a 1.42-acre lot, zoned B-6P in Fayette County. The upscale design of Ruccio Pavilion creates an attractive environment for businesses. This family-friendly location is in one of Lexington's busiest areas, offering significant potential for growth and success. The suite is ideally suited for a variety of retail uses and enjoys the benefit of being near established businesses such as Aqua-Tots Swim School, Commonwealth Dentistry, Mr. Brews Taphouse, Edward Jones, and Lean Feast. This presents a unique opportunity to establish a presence in a thriving retail environment with strong existing tenant synergy. The property offers ample parking and convenient access for customers. Inquire today to learn more about this exceptional retail leasing opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Total area 18,394 SF
Lot 1.42 ac (61,855 SF)
Zoning code B-6P
APN 38195320
UPID US34-0136386
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
  • Edward Jones - Financial Advisor: Griffin L Johnson, CRPC™ Financial Advisor
  • Edward Jones - Financial Advisor: Jayme W Nelson Financial Advisor
  • Aqua-Tots Swim Schools Lexington Swimming Pool Swimwear Store
  • LeanFeast® Restaurant
  • Craft & Care Dental Co. Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.61M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.97M
Owner & transaction history
Ruccio Shoppes LLC · 5 yrs held
Ruccio Shoppes LLC
since 2021
Last sale
$4.2M
4 recorded transactions
2021
$4.2M
2020
Price N/A
2014
$600,000
2006
$625,000
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major corridors within the community, while supporting existing residential neighborhoods and incorporating new residential opportunities in accor…

Zone name Commercial Center
General category COMMERCIAL
Zone area 1,144.00 ac
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