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Lexington, KY Shopping Centers for Sale

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West Zandale Plaza Retail/Office Center
Updated: Jan 27
West Zandale Plaza Retail/Office Center

151 West Zandale Drive, Lexington, KY 40503

Contact for pricing
12,000 sqft 1.29 AC lot
High‑traffic location with direct access from Nicholasville Road at a signalized intersection (+/-38,076 ADT).
Ideal location near hospitals, universities, and downtown.
Anchored by Ramsey's Restaurant, a strong local business.
+/-2,303 SF of retail/office space available for lease.
65 parking spaces available.
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White-Box Retail Suite
Updated: Jun 2
White-Box Retail Suite

3851 Mall Road, Lexington, KY 40503

Contact for pricing
2,000 sqft
Suite 180 contains 2,000 SF of white‑box retail space
Retail center totals +/-20,000 SF
Adjacent to Fayette Mall, a +/-1.2M SF regional mall
Near the +/-190,000 SF Plaza at Fayette Mall
Across from Lexington Athletic Club and Kids Place
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Downtown Lexington Mixed-Use Complex
Downtown Lexington Mixed-Use Complex

401 West Main Street, Lexington, KY 40507

Contact for pricing
140,000 sqft

140,000 SF mixed-use complex in downtown Lexington.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Retail Space in Hamburg Place
Retail Space in Hamburg Place

2321 Sir Barton Way, Lexington, KY 40509

Contact for pricing
2,550 sqft

Retail spaces available in regional shopping center near I-75.

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Anchored Neighborhood Shopping Center
Anchored Neighborhood Shopping Center

208 Legends Lane, Lexington, KY 40505

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70,217 sqft

Neighborhood shopping center anchored by Save-A-Lot and Dollar General.

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Retail Center on Nicholasville Road
Retail Center on Nicholasville Road

3220 Nicholasville Rd, Lexington, KY 40503

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Retail spaces available in a high-traffic shopping center.

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Community Shopping Center For Sale
Community Shopping Center For Sale

1505-1557 E. New Circle Road, Lexington, KY 40509

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Community shopping center with high traffic and multiple access points.

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Kroger-Anchored Retail Center Opportunity
Kroger-Anchored Retail Center Opportunity

3650 Boston Road, Lexington, KY 40514

Contact for pricing

Retail spaces available in a Kroger-anchored neighborhood center.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 8 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Building in Brannon Crossing
Freestanding Building in Brannon Crossing

131 Marlene Drive, Nicholasville, KY 40356

$3,590,000
30,667 sqft

30,667 SF building on 2.4 acres in Brannon Crossing.

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Retail Space in Kroger Center
Retail Space in Kroger Center

118 Marketplace Circle, Georgetown, KY 40324

Contact for pricing
37,300 sqft

2,500 SF retail space in premier shopping center.

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Georgetown Retail Shopping Center For Sale
Georgetown Retail Shopping Center For Sale

751 Slone Drive, Georgetown, KY 40324

Contact for pricing
51,390 sqft

51,390 SF shopping center in a growing Kentucky community.

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Harbor Freight-Anchored Shopping Center
Harbor Freight-Anchored Shopping Center

950 N Main St, Nicholasville, KY 40356

Contact for pricing

Retail center in Nicholasville, Kentucky, within the Lexington MSA.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Platted B-3 Development Land
Platted B-3 Development Land

999 Dr Robert R Martin Bypass, Richmond, KY 40475

$3,200,000
16.00 AC lot

Zoned B-3 commercial development land with existing preliminary plat history along Robert Martin Bypass in Madison County.

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Prime Land in Eagle Lake
Prime Land in Eagle Lake

7 Eagle Lake Drive, Lawrenceburg, KY 40342

$1,799,000
8.41 AC lot

8.41 acres in thriving commercial development with utilities.

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Commercial Land with Utilities
Commercial Land with Utilities

7 Eagle Lake Drive, Lawrenceburg, KY 40342

$1,799,000
8.41 AC lot

Fully developed acreage includes utility infrastructure and possible rail access.

View details

Off-Market Properties in Lexington, KY

Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3220 Nicholasville Rd
MINI-MALL

3220 Nicholasville Rd, Lexington, KY 40503-3382

Value Estimation by Request
222,168 sqft 26.49 AC lot
View details
3199 Beaumont Ctr Cir
SHOPPING CENTER, STRIP CENTER

3199 Beaumont Ctr Cir, Lexington, KY 40513-1957

$6,825,000
Estimated value
66,361 sqft 5.01 AC lot
View details
2358 Nicholasville Rd
SHOPPING CENTER, STRIP CENTER

2358 Nicholasville Rd, Lexington, KY 40503-3032

$6,255,000
Estimated value
26,880 sqft 1.42 AC lot
View details
100 Regency Pt Path
SHOPPING CENTER, STRIP CENTER

100 Regency Pt Path, Lexington, KY 40503-2356

$1,400,000
Estimated value
6,396 sqft 0.83 AC lot
View details
127 Tiverton Way
MINI-MALL

127 Tiverton Way, Lexington, KY 40503-4488

$19,100,000
Estimated value
93,858 sqft 11.63 AC lot
View details
2473 Fortune Dr
SHOPPING CENTER, STRIP CENTER

2473 Fortune Dr, Lexington, KY 40509-4255

$9,460,000
Estimated value
44,588 sqft 5.29 AC lot
View details
3061 Fieldstone Way
SHOPPING CENTER, STRIP CENTER

3061 Fieldstone Way, Lexington, KY 40513-9006

$13,680,000
Estimated value
24,420 sqft 2.26 AC lot
View details
126 Burt Rd, Unit 144
SHOPPING CENTER, STRIP CENTER

126 Burt Rd, Lexington, KY 40503-2411

Unit 144
$2,375,000
Estimated value
10,060 sqft 0.84 AC lot
View details
124 Burt Rd
SHOPPING CENTER, STRIP CENTER

124 Burt Rd, Lexington, KY 40503-2411

$2,375,000
Estimated value
5,455 sqft 0.33 AC lot
View details
1429 Vlg Dr
SHOPPING CENTER, STRIP CENTER

1429 Vlg Dr, Lexington, KY 40504-1659

$910,000
Estimated value
10,500 sqft 1.43 AC lot
View details
1719 Broadway
SHOPPING CENTER, STRIP CENTER

1719 Broadway, Lexington, KY 40505-1400

$1,645,000
Estimated value
9,000 sqft 0.76 AC lot
View details
1485 Alexandria Dr
SHOPPING CENTER, STRIP CENTER

1485 Alexandria Dr, Lexington, KY 40504-1610

$960,000
Estimated value
8,520 sqft 0.80 AC lot
View details
145 Burt Rd
SHOPPING CENTER, STRIP CENTER

145 Burt Rd, Lexington, KY 40503-2401

$3,290,000
Estimated value
13,360 sqft 1.30 AC lot
View details
3555 Nicholasville Rd
REGIONAL SHOPPING CENTER, MALL

3555 Nicholasville Rd, Lexington, KY 40503-3634

$60,185,000
Estimated value
144,866 sqft 14.83 AC lot
View details
3120 Pimlico Pkwy, Unit 3130
SHOPPING CENTER, STRIP CENTER

3120 Pimlico Pkwy, Lexington, KY 40517-4034

Unit 3130
$11,510,000
Estimated value
87,409 sqft 11.16 AC lot
View details
125 Codell Dr
SHOPPING CENTER, STRIP CENTER

125 Codell Dr, Lexington, KY 40509-1183

$3,015,000
Estimated value
6,490 sqft 1.88 AC lot
View details

Lexington, KY Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Lexington, KY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 226,767 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 52
Shopping centers 45
Automotive properties 10
Auto shops 6
Showrooms 6

Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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