NEW Retail Space - The Venue

For Lease

120 Malabu Drive, Lexington, KY 40503

You can currently find 1 retail space(s) available for lease at NEW Retail Space - The Venue. Designated use type for space listed here includes strip. Current retail listings at this property total 5,300 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at NEW Retail Space - The Venue.

Space Available For Lease 1

Contacts

broker

Paul Ray Smith Jr.

NAI Isaac

Property Details

  • Property Type Retail - Strip
  • Property Size 5,300 SF
  • Lot Size 0.5 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 8, 2024
The property is located within Lexington's newest retail development, The Venue. In its scale, the curated tenant mix and its overall design, The Venue is targeted to serve as a retail hub for the nearby residential neighborhoods on both sides of Nicholasville Road, in addition to serving the nearby hospitals and the University of Kentucky campus.NAI Isaac is pleased to present new retail space within The Venue. The Venue is located inside New Circle Road on Nicholasville Road, Lexington’s most desirable and highly trafficked retail corridor with +/-45,326 VPD. This location provides strong daytime and evening traffic, retail support and residential density. Close proximity to the +1.2 Million SF Fayette Mall, Plaza at Fayette Mall, Summit at Fritz Farm, University of Kentucky, Blue Grass Airport, downtown and Baptist Health.

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Highlights

  • NEW RETAIL SPACE COMING SOON!
  • +/-1,500 - 5,300 SF for lease
  • Located within The Venue, a new Lexington retail development
  • Cross parking is available within the development
  • Nearby tenants include Dollar Tree, Jason's Deli, Tuk Tuk Snack Shop, HITS Fitness, Floyd 99 Barbershop, La Petite Academy, Eyecare Center, Spectrum, Buff City Soap and more
  • Nicholasville Road is one of Lexington’s most desirable and highly trafficked retail corridors with over 45,326 VPD in front of the site
  • University of Kentucky Campus (30,000+ enrollment) is located within 2 miles
  • Close proximity to the +1.2 Million SF Fayette Mall, Plaza at Fayette Mall, Summit at Fritz Farm, Blue Grass Airport, downtown and Baptist Health
  • Rental Rate: $30.00 PSF NNN

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Lansdowne
  • Zip Code 40503
  • Market Lexington

Points of Interest

  • Speedway

    0.14 miles

  • Kroger Fuel Center

    0.25 miles

  • Shell

    0.63 miles

  • Casey's (Formerly Shell)

    0.72 miles

  • Speedway

    0.78 miles

  • Meijer Gas Station

    0.96 miles

  • Speedway

    1.29 miles

  • Speedway

    1.39 miles

  • Marathon

    1.44 miles

  • Thornton's Gas

    1.83 miles

  • Hunter Presbyterian Church additional parking

    1.06 miles

  • Garage B

    1.07 miles

  • Garage A

    1.19 miles

  • LCA Employee Lot

    1.23 miles

  • LCA Drop Off Lot

    1.24 miles

  • LCA Senior Lot

    1.26 miles

  • LCA Junior/Sophomore Lot

    1.28 miles

  • LCA Employee Lot

    1.29 miles

  • LCA Junior High Drop Off Lot

    1.31 miles

  • LCA Band Lot

    1.34 miles

  • Tuk Tuk Snack Shop

    0.04 miles

  • Jason's Deli

    0.06 miles

  • Rosati's

    0.06 miles

  • Planet Thai

    0.09 miles

  • Subway

    0.10 miles

  • Noodles & Company

    0.10 miles

  • KFC

    0.10 miles

  • Panda Express

    0.11 miles

  • Old San Juan Cuban Cuisine

    0.11 miles

  • Panda Cuisine

    0.11 miles

  • Trader Joe's

    0.16 miles

  • TJ Maxx

    0.27 miles

  • Kroger

    0.33 miles

  • Burlington

    0.64 miles

  • Target

    0.79 miles

  • Macy's

    0.94 miles

  • Fayette Mall

    1.13 miles

  • Dillard's

    1.24 miles

  • Good Foods Co-op

    1.30 miles

  • The Fresh Market

    1.32 miles

120 Malabu Drive Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at NEW Retail Space - The Venue asks $30.00/SF/YR per square foot.

  • The property includes 5,300 square feet of retail space for lease. Of this total, 5,300 square feet are Strip.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Lansdowne is 38. The average household income here is $70,909 per year.

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

Paul Ray Smith Jr.

NAI Isaac

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