Former Walgreens with Drive-Thru in Lexington, KY

For Sale

254 East New Circle Road, Lexington, KY 40505

This Lexington property for sale is located at 254 East New Circle Road. The current listed sale price for Former Walgreens with Drive-Thru in Lexington, KY is $3,100,000. Former Walgreens with Drive-Thru in Lexington, KY is situated on a lot that is 2.19 acre in size.

Contacts

broker
Weston Lockhart

SVN | Stone Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 15,048 SF
  • Lot Size 2.19 Acre
  • Date Updated Mar 25, 2025
Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.SVN Stone Commercial Real Estate is pleased to present 254 E New Circle Rd, Lexington, KY, a 15,048 SF free-standing retail building with a drive-thru on 2.19 acres, originally constructed for Walgreens. Positioned along New Circle Road (36,658 VPD), this property offers high visibility and accessibility in a well-established retail corridor. Located next to a newly constructed Dutch Bros Coffee, Chick-Fil-A, Panda Express, Bank of America, Kroger, and more. The site benefits from strong retail synergy along New Circle Road. The property features a drive-thru, ample parking, and pylon signage, making it well-suited for retail, medical, office, or other commercial uses under its B-3 zoning. Additionally, the property includes a billboard that generates an additional revenue stream of $950/month. For more information please contact Weston Lockhart at weston.lockhart@svn.com // 859.317.3538, Nathan Dilly at nathan.dilly@svn.com // 859.420.5492, or Matt Stone at matt.stone@svn.com // 859.351.5444.
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Highlights

  • 15,048 SF free-standing retail building
  • Zoned B-3 (Highway Business)
  • Built for Walgreens – adaptable for a variety of uses
  • 36,658 VPD on New Circle Rd with strong surrounding retail
  • Drive-thru in place for added flexibility
  • Pylon signage for visibility

Getting around

  • 63/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood North Limestone
  • Zip Code 40505
  • Market Lexington

Points of Interest

  • Marathon

    0.05 miles

  • Kroger

    0.18 miles

  • Speedway

    0.43 miles

  • Lex Express

    0.59 miles

  • Shell

    1.05 miles

  • Thorntons

    1.28 miles

  • Tesla Supercharger

    3.85 miles

  • ChargePoint

    4.34 miles

  • Courthouse Plaza

    1.85 miles

  • LFUCG Garage

    1.94 miles

  • Victorian Square parking garage

    1.95 miles

  • Helix Parking Garage

    1.96 miles

  • Library Parking

    1.98 miles

  • Phoenix Lot

    1.99 miles

  • Common Grounds

    2.03 miles

  • Calvary Baptist Churc

    2.09 miles

  • Central Bank Center Parking Garage

    2.17 miles

  • Rupp Arena Parking Lot

    2.19 miles

  • Dunkin'

    0.12 miles

  • Burgers & Shakes

    0.12 miles

  • White Castle

    0.14 miles

  • Golden Corral

    0.19 miles

  • Little Caesars

    0.30 miles

  • Rally's

    0.33 miles

  • Popeyes

    0.37 miles

  • Hardee's

    0.64 miles

  • Penn Station

    0.66 miles

  • Captain D's

    0.74 miles

  • Kroger

    0.32 miles

  • Walmart Supercenter

    1.02 miles

  • Aguacalientes Grocery

    1.04 miles

  • Ross

    1.12 miles

  • ALDI

    1.31 miles

  • Wine + Market

    1.92 miles

  • Stop & Shop

    1.93 miles

  • Wildcat Pantry

    2.80 miles

  • Lucky

    3.16 miles

  • Gordmans

    3.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Weston Lockhart

SVN | Stone Commercial Real Estate

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