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2925 Richmond Rd 6,620 SF of Retail Space Available in Lexington, KY 40509
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,620 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $165,500 /YR $13,792 /MO | Triple Net (NNN) |
1st Floor
Prime retail space now available for lease on Richmond Road in Lexington, Kentucky, ideally situated directly next to the Taco Bell at 2917 Richmond Road and Papa John’s Pizza at 2937 Richmond Road. This high-traffic corridor in the eastern part of Lexington (zip code 40509) benefits from excellent visibility and easy access along one of the area’s busiest thoroughfares. The property offers flexible retail space in a well-established commercial area surrounded by popular quick-service restaurants, drawing steady customer flow from both local residents and commuters. Key features include: • Prominent street frontage on Richmond Road with strong signage opportunities • Ample parking for customers and employees • Proximity to other nearby retailers and services • High daily vehicle traffic counts typical of this major artery
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2925 Richmond Rd, Lexington, KY 40509
- Tenant
- Description
- US Locations
- Reach
- Cricket
- Wireless Communications
- 5,991
- National
- Papa Johns
- Pizza
- 3,908
- International
- Prince Cuts
- Salon/Barber/Spa
- 1
- Local
- Print Cut LLC
- Services
- 1
- -
- Stretch Zone
- Fitness
- 293
- National
- Studio 23 Fitness
- Fitness
- 1
- -
| Tenant | Description | US Locations | Reach |
| Cricket | Wireless Communications | 5,991 | National |
| Papa Johns | Pizza | 3,908 | International |
| Prince Cuts | Salon/Barber/Spa | 1 | Local |
| Print Cut LLC | Services | 1 | - |
| Stretch Zone | Fitness | 293 | National |
| Studio 23 Fitness | Fitness | 1 | - |
Property Facts
| Total Space Available | 6,620 SF | Total Land Area | 0.63 AC |
| Property Type | Retail | Year Built | 1979 |
| Gross Leasable Area | 8,239 SF | Parking Ratio | 5.1/1,000 SF |
| Total Space Available | 6,620 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,239 SF |
| Total Land Area | 0.63 AC |
| Year Built | 1979 |
| Parking Ratio | 5.1/1,000 SF |
Features and Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
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2925 Richmond Rd
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