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Property profile & analytics
FOR LEASE
Strip malls

2320 Elkhorn Rd Lexington, KY 40505

4,600 SF 1 ac lot Built 2008
Entity Owned Free & Clear
Property ID
US34-0616195
Property summary
AI-generated overview

This exceptional retail endcap space, totaling 2,303 square feet, is situated within a larger 4,600 square foot building at 2320 Elkhorn Rd, Lexington, KY 40509. The property is a Class C, single-story freestanding building with excellent visibility and access. Located near the intersection of Elkhorn Road and Winchester Road, this endcap enjoys high traffic counts, with 37,200 vehicles per day on Winchester Road and 76,583 vehicles per day on nearby I-75. The property's strategic location within the Hamburg area places it in close proximity to major retailers such as Walmart and Lowe's, ensuring significant foot traffic and brand visibility. The building features two suites in total, offering a flexible layout suitable for a variety of retail uses. Zoned for commercial use in Fayette County, this property presents a compelling opportunity for businesses seeking a high-visibility location in a thriving retail corridor. The property is easily accessible from I-75 and Man O' War Boulevard, further enhancing its appeal to both customers and employees. The overall Hamburg development boasts over 3 million square feet of retail space, 160 acres of professional offices, and 1,200 acres of residential development, creating a robust and diverse surrounding community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 4,600 SF
Lot 1 ac (43,604 SF)
Zoning code B-6P
APN 38169950
UPID US34-0616195
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
  • Starbucks Cafe & Coffee Shop
  • FedEx Office Print & Ship Center Courier Service Postal Service
  • Data Retrieval Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Rush My Passport Travel Agency
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
WAR ADMIRAL PLACE LLC
WAR ADMIRAL PLACE LLC
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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