2887 Richmond RdLexington, KY 40509

For Lease
Call for price

Lexington, KY: Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.3-acre commercial property presents a rare opportunity for retail or restaurant development in Lexington, KY. Located on heavily trafficked Richmond Road (40,088 VPD), this outlot boasts excellent street-front visibility and convenient access via two signalized traffic lights and a direct Richmond Road cut-off. A large pylon sign is available exclusively for this site. The 1,555 square feet of vacant space is zoned C1, offering flexibility for various uses. The property's strategic location is within a thriving retail and restaurant corridor, just four miles from the University of Kentucky (30,000+ students and 16,000 employees), and is situated near major retailers including Lowe's, Kroger, Home Depot, and Burlington, as well as popular restaurants such as Chili's, Panera Bread, and Starbucks. The site is also across from a newly constructed retail development featuring First Watch, Skyline Chili, and LaRosa's Pizzeria. This location benefits from a dense residential population and a strong daytime workforce, with nearby employers including Valvoline World Headquarters, Aramark, and International Paper. The property is available for sale, ground lease, or build-to-suit options, making it an ideal investment for a variety of business ventures. The property's parcel number is 25833025. This is a truly unique opportunity to establish a presence in a high-demand area with significant foot traffic and strong consumer demographics.

Unit(s) available at that property

Space
Available Space
Size
56,628 SF
Space
1.3 Acres - Ground Lease or BTS
Size
56,628 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0081099
Longitude
-84.4516428
2887 Richmond Rd, Lexington, Kentucky

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2887 Richmond Rd
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