PROPERTY DESCRIPTION

3261 Nicholasville Road | Lexington KY

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.

PROPERTY HIGHLIGHTS

Features & Benefits

  • Former Arby’s site – utilities already in place
  • 69,662 VPD – Lexington’s highest traffic count
  • Directly across from Fayette Mall
  • Surrounded by strong national retail and restaurant co-tenancy
  • Signalized intersection with full access and frontage on Nicholasville Rd.

Contact Agent

Isa Mashni
  • Cell Phone: (859) 421-6700
  • Office Phone: (859) 255-8855
  • Email: imashni@colemangroup.net
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PROPERTY STATISTICS

Overall Statistics on this Property

Property Type: Restaurant or Retail

Building Class:  Class B-3

Building Size: 

Stories:  1

Lot size:  ±1-acre corner lot

Zoning:  B-3 – Highway Business Service

Rental Rate: $13,000/Month

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AVAILABLE SPACES

Whole Building

Former Arby’s site – utilities already in place
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