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Property profile & analytics
FOR SALE
Community centers

3220 Nicholasville Rd Lexington, KY 40503

222,168 SF 26.49 ac lot Built 1978
Entity Owned Free & Clear
Property ID
US34-0503449
Property summary
AI-generated overview

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
Verified
Property type Community centers
Use group MINI-MALL
Year built 1978
Total area 222,168 SF
Lot 26.49 ac (1,153,904 SF)
Zoning code B-6P
APN 14090700
UPID US34-0503449
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
  • Geek Squad Tech Support Center (Bike/Boat/Book/etc) Store
  • Magnolia Electronics & Wireless Store
  • Burlington Clothing Store Children'S Clothing Store
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • South Park Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
South Park Shopping Center LLC
South Park Shopping Center LLC
since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2022
Price N/A
2020
$50,000
2020
$25.6M
2020
$2.5M
2020
$23.0M
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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