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Lexington Road Plaza 501 Marsailles Rd 1,073 SF of Retail Space Available in Versailles, KY 40383
HIGHLIGHTS
- Well-established shopping hub
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 13 | 1,073 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $15,022 /YR $1,252 /MO | Triple Net (NNN) |
501-513 Marsailles Rd - 1st Floor - Ste 13
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Smoke Detector
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.
PROPERTY FACTS
| Total Space Available | 1,073 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 192,149 SF |
| Parking | 870 Spaces | Total Land Area | 40.30 AC |
| Stores | 1 | Year Built | 1994 |
| Center Properties | 2 |
| Total Space Available | 1,073 SF |
| Center Type | Community Center |
| Parking | 870 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 192,149 SF |
| Total Land Area | 40.30 AC |
| Year Built | 1994 |
ABOUT THE PROPERTY
Discover Lexington Road Plaza, a prominently positioned retail center totaling approximately 132,848, sq ft, nestled in the heart of Versailles along the bustling Lexington Road corridor. This well-established shopping hub benefits from: • Highly visible location at a signalized intersection with a dedicated turn lane and pylon signage — ideal for high tenant exposure. • Convenient access and ample parking, including disability-designated spaces for customer ease • Strong community foot traffic, located near a Kroger, U-Haul, local hospitals, schools, and popular restaurants—supporting an engaged consumer base On Site Tenants: Lexington Road Plaza currently houses a variety of service-driven and retail tenants, catering to everyday needs and local preferences. Ideal For: • Everyday service providers (salons, cleaners, therapy offices) seeking community focused locations. • Smaller restaurants or neighborhood retail leveraging strong anchor proximity and convenient parking. • Tenants needing high visibility and consistent neighborhood traffic along a key commercial artery. This center’s hybrid tenant mix, mature operational history, and prime site accessibility make Lexington Road Plaza a standout leasing opportunity. To inquire about available spaces, leasing terms, or to receive a comprehensive property package suitable for listing on LoopNet, please reach out to AMERCO Real Estate Company.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Lexington Road Plaza | 501 Marsailles Rd
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