3261 Nicholasville Road

3261 Nicholasville Road, Lexington, KY 40503

Property Information

  • For Lease $13,000.00/MO
  • Property Type VacantLand
  • Property Size 43,560 SF
  • Lot Size 1 Acre
  • Date Updated Mar 30, 2026

1 Space Available

Land Available

Space Type

VacantLand

Lease Rate

$13,000.00/MO

Total Space

1 Acre

Divisible Space

1 - 1 Acre

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Former Arby’s site – utilities already in place

Outstanding 1-acre ground lease opportunity located at the corner of Nicholasville Road and Reynolds Road, Lexington’s most sought-after retail corridor. Formerly home to Arby’s, this high-profile pad site offers excellent visibility and access in an area with Lexington’s highest traffic volume — an impressive 69,662 vehicles per day.

The property sits directly across from Fayette Mall, Kentucky’s largest shopping destination with over 150 stores including Macy’s, Dillard’s, JC Penney, and Dick’s Sporting Goods. Surrounded by a dense lineup of national brands such as Target, Whole Foods, PF Chang’s, Olive Garden, Walmart, Best Buy, H&M, and Outback Steakhouse, this location is a proven retail powerhouse.

Zoned B-3 (Highway Business Service), the site is ideal for a wide range of uses including QSR, medical, financial, or national retail concepts seeking maximum exposure and consumer traffic.

LEASE OPPORTUNITY OR BUILD TO SUIT

Contacts

Isa Mashni

The Coleman Group

Location

Located at 3261 Nicholasville Road, Lexington, KY 40503, this property is part of the Wellington neighborhood and Lexington market.

Contact Listing Broker
Isa Mashni

The Coleman Group

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