For Lease

For Lease: Richmond Rd Rare Outlot - Lexington, KY

2887 Richmond Rd Lexington, KY 40509

PRIME OPPORTUNITY FOR A RETAIL OR RESTAURANT USE - 1.3 ± ACRE AVAILABLE

Undisclosed Rate ( 2 spaces )

Overview

Timeline

Date Listed:

Aug 2, 2021

Last Updated:

Apr 1, 2025

Building Details

Property Type:

Retail, Land

Subtype:

Commercial, Community Center, Neighborhood Center, Strip Center

Tenancy:

Multiple

Total Building SQFT:

1,555

Vacant SQFT:

1,555

Lot Size (acres):

1.3

Zoning:

APN:

25833025

INTELLIGENCE

Explore more in-depth Comp & Record details for this property.

Building Description

Available for sale, ground lease or build to suit is a 1.3 ± acre prime retail or restaurant opportunity. The site features excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19). A large pylon signage is available solely for outlot use. The site possesses convenient access to two signalized traffic lights and a cut off Richmond Rd directly in front of the site.

This property is situated in a prominent retail and restaurant hub only four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. It is located in front of Lowe’s and is across from a newly constructed retail development that includes First Watch, Skyline Chili and LaRosa’s Pizzeria.

It is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens.

Building Highlights

Available for sale, ground lease or build to suit is a 1.3 ± acre prime retail or restaurant opportunity
Excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19)
Centrally located on Richmond Road between New Circle and Man O’ War
Surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper
Large pylon signage opportunity solely for outlot
3-tenant pylon sign for retail center
Site is situated in front of Lowe’s and is across from a newly constructed retail development that includes First Watch, Skyline Chili and LaRosa’s Pizzeria
Access to 2 signalized traffic lights and a cut off Richmond Rd directly in front of the site
Prominent retail and restaurant hub situated four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees
Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens