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Highlights

  • ±13,500 SF neighborhood retail strip center on East New Circle Road
  • Pylon signage available for branding exposure
  • Located between Winchester Road and Bryan Station Road in northeast Lexington
  • Three suites available, ranging from 1,000 to 1,300 SF
  • Traffic counts of approximately 35,783 vehicles per day at the site
  • Spaces include options for second-generation salon and newly renovated office

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 11
  • 1,000 SF
  • Negotiable
  • $15.00 /SF/YR $1.25 /SF/MO $15,000 /YR $1,250 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Position your business in one of Lexington’s most visible and accessible commercial centers. Located on East New Circle Road, this retail/office complex offers strong traffic counts, ample parking, and excellent signage opportunities. Ideal for service-based businesses, boutique retailers, or professional offices. Property Highlights: • Excellent visibility on East New Circle Road • Ample surface parking • High daily traffic counts • Flexible layout options • Zoned B-3

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 6
  • 1,300 SF
  • 3-5 Years
  • $15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 7
  • 1,300 SF
  • 3-5 Years
  • $15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste 11 1,000 SF Negotiable $15.00 /SF/YR $1.25 /SF/MO $15,000 /YR $1,250 /MO Triple Net (NNN)
1st Floor, Ste 6 1,300 SF 3-5 Years $15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO Triple Net (NNN)
1st Floor, Ste 7 1,300 SF 3-5 Years $15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO Triple Net (NNN)

1st Floor, Ste 11

Size
1,000 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $15,000 /YR $1,250 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Position your business in one of Lexington’s most visible and accessible commercial centers. Located on East New Circle Road, this retail/office complex offers strong traffic counts, ample parking, and excellent signage opportunities. Ideal for service-based businesses, boutique retailers, or professional offices. Property Highlights: • Excellent visibility on East New Circle Road • Ample surface parking • High daily traffic counts • Flexible layout options • Zoned B-3

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

1st Floor, Ste 6

Size
1,300 SF
Term
3-5 Years
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

1st Floor, Ste 7

Size
1,300 SF
Term
3-5 Years
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $19,500 /YR $1,625 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition
  • Located in-line with other retail

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.

Site Plan

Select Tenants at Sterling Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Cash Express, LLC
  • Professional, Scientific, and Technical Services
  • 1
  • -
  • Ezy Smokes
  • Retailer
  • 1
  • -
  • Nabil A Shalash
  • -
  • 1
  • -
  • Relax Foot Spa
  • Services
  • 1
  • -
  • Shakiyla Edwards
  • Retailer
  • 1
  • -
  • The Service Station Barbershop
  • Services
  • 1
  • -
Tenant Description US Locations Reach
Cash Express, LLC Professional, Scientific, and Technical Services 1 -
Ezy Smokes Retailer 1 -
Nabil A Shalash - 1 -
Relax Foot Spa Services 1 -
Shakiyla Edwards Retailer 1 -
The Service Station Barbershop Services 1 -

Property Facts

Total Space Available 3,600 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 13,500 SF
Total Land Area 0.88 AC
Year Built 1987
Parking Ratio 3.7/1,000 SF

About the Property

Sterling Center is a ±13,500 SF retail strip center offering well-positioned space for lease on East New Circle Road in northeast Lexington. The property provides versatile suites ranging from 1,000 to 1,300 SF, suitable for a variety of retail or service-oriented users. Current availability includes recently renovated configurations, including a second-generation salon space. This location delivers outstanding visibility and accessibility along one of Lexington’s busiest corridors, with traffic counts of approximately 35,783 vehicles per day. Exceptional signage opportunities, including pylon signage, contribute to brand visibility and attract steady consumer traffic. Situated near Winchester Road and Bryan Station Road, the property benefits from strong connectivity to major highways and access to established neighborhoods, retail hubs, and employment centers. Operating under an NNN lease structure, the site offers competitive rates and convenient positioning that aligns with the growth dynamics of the Lexington market.

  • Pylon Sign
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Toyota
Rent-A-Center
Waffle House
Kroger
U.S. Bank
Chase Bank
Fifth Third Bank
Planet Fitness
Dutch Bros
Golden Corral Buffet & Grill
  • Listing ID: 36631387

  • Date on Market: 2/26/2026

  • Last Updated:

  • Address: 565 E New Circle Rd, Lexington, KY 40505

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