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Property profile & analytics
FOR LEASE
Retail space

2321 Sir Barton Way Lexington, KY 40509

219,188 SF 21.3 ac lot Built 2003
Entity Owned 1-yr Hold Free & Clear
Property ID
US34-0614686
Property summary
AI-generated overview

Sir Barton Place, located at 2321 Sir Barton Way, Lexington, KY 40509, presents a compelling investment opportunity in a thriving retail environment. This Class C shopping center boasts a total of 219,188 square feet across five single-story buildings, situated conveniently near Man O' War Boulevard. Currently, 19,574 square feet of retail space is available, offering flexible options ranging from 1,003 to 2,550 square feet, ideal for a variety of businesses. The property is zoned for commercial use (APN: 38090030) and benefits from its location within the larger Hamburg Place development, a significant regional hub encompassing 160 acres of office space and over 3 million square feet of retail space, complemented by a substantial residential area. This prime location offers excellent visibility and accessibility, with easy access to I-75 and proximity to downtown Lexington. The multiple tenancy structure provides a diverse tenant mix, contributing to a robust and stable income stream. This opportunity allows investors to capitalize on the strong retail presence and significant growth potential within this established and expanding commercial area. The available spaces present a unique chance to establish or expand a business within a well-established and high-traffic shopping center.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 219,188 SF
Lot 21.3 ac (927,959 SF)
Zoning code B-6P
APN 38090030
UPID US34-0614686
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
  • Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
  • RVEEDOM Campground & RV Park
  • Total Wine & More (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Half Price Books (Bike/Boat/Book/etc) Store
  • Hunt Home Improvements Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$23.69M
Blend (final) Blend
$23.69M
Owner & transaction history
Sierra Trading Post INC · 1 yrs held
Sierra Trading Post INC
since 2025
1 recorded transaction
2025
Price N/A
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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