NEW Retail Space - The Venue

120 Malabu Drive, Lexington, KY 40503

Property Information

  • For Lease $30.00/SF/YR
  • Property Type Retail - Strip
  • Property Size 5,300 SF
  • Lot Size 0.5 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 19, 2026

Description

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.

Highlights

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

1 Space Available

Suite 120

Space Type

Strip

Lease Rate

$30.00/SF/YR

Total Space

5,300 SF

Divisible Space

1,500 - 5,300 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Paul Ray Smith Jr.

NAI Isaac

Location

Located at 120 Malabu Drive, Lexington, KY 40503, this property is part of the Lansdowne neighborhood and Lexington market.

Contact Listing Broker
Paul Ray Smith Jr.

NAI Isaac

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