2220 Nicholasville Rd Lexington, KY 40503
For Lease
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This exceptional executive office space, located within the established Zandale Shopping Center at 2220 Nicholasville Rd, Lexington, KY 40503, offers 8,000 square feet of vacant space on the upper floor. The building, constructed in 1962 and extensively renovated in 2022, boasts a total of 78,319 square feet across two stories. The space features a desirable 12-foot ceiling height. This single-building property is zoned B-1 Neighborhood Business (APN 15087701), providing ample opportunity for a variety of businesses. Situated on a high-traffic section of Nicholasville Road, with over 43,000 vehicles passing daily, this location benefits from excellent visibility and strong anchor tenants including Panera Bread, Fazoli's, Chase Bank, Penn Station, and UPS. The property's prime location and high visibility make it an ideal space for businesses seeking a prominent presence in Lexington. The available space is part of a multi-tenant building, offering a vibrant and established business environment. This is a rare opportunity to secure a significant amount of office space in a highly sought-after location.
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Kentucky Land Title Association Association Or Organization
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McNay Settlement Group Financial Advisor
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Zandale Shopping Center Shopping Center & Mall
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Zandale Barber Shop Barber Shop
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Visions Hair Design Hair Salon Nail Salon
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.