Property summary
This exceptional Class A retail property, known as South Park Pad, boasts 220,000 square feet on a 34-acre lot in Lexington, Kentucky. Located at 3220 Nicholasville Rd, at the southeast quadrant of Nicholasville Road and New Circle Road, this multi-tenant property offers unparalleled visibility and accessibility. The property underwent a complete renovation in 2022, ensuring modern and efficient spaces for various businesses. Available spaces range from 7,000 to 43,560 square feet, catering to a variety of needs, including junior box, big box, outlot, restaurant, bank, automotive, office, medical, and daycare uses. Its strategic location places it directly across from Lexington Green and Fayette Mall, the state's largest mall, ensuring high foot traffic and brand exposure. The center is already home to a flagship Academy Sports location and will soon welcome a Main Event location, solidifying its position as Lexington's premier retail destination. Fayette County zoning provides a stable and attractive investment opportunity. This property presents a unique chance to establish or expand your business within a thriving retail environment. The property's size and flexibility make it ideal for a variety of retail concepts. Contact us today to learn more about the available spaces and leasing opportunities.
Property profile
VerifiedCap rate & NOI
Current use
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Tech Support Center (Bike/Boat/Book/etc) Store
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Electronics & Wireless Store
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Clothing Store Baby Clothing Store
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Crypto Atm Atm
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-6P · Lexington, KYArticle 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-6P in Lexington, KY.
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- Alternative use
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