220 Ruccio WayLexington, KY 40503

Property Details for 220 Ruccio Way

Year built

2015

Lot size

1.42 AC

Property size (Sq ft)

18,394 SF

Zone code

B-6P

Property type

Retail properties

Property subtype

Strip malls

APN

38195320

APU

38195320

Description

This exceptional 3,000 square foot retail suite is available for lease within the Ruccio Pavilion, a vibrant shopping center in Lexington, Kentucky. Located at 220 Ruccio Way, 40503, this street retail space benefits from its strategic placement within a Meijer-anchored development, ensuring high foot traffic and excellent visibility from Ruccio Way and Reynolds Road. The suite is part of a larger 18,394 square foot building situated on a 1.42-acre lot, zoned B-6P in Fayette County. The upscale design of Ruccio Pavilion creates an attractive environment for businesses. This family-friendly location is in one of Lexington's busiest areas, offering significant potential for growth and success. The suite is ideally suited for a variety of retail uses and enjoys the benefit of being near established businesses such as Aqua-Tots Swim School, Commonwealth Dentistry, Mr. Brews Taphouse, Edward Jones, and Lean Feast. This presents a unique opportunity to establish a presence in a thriving retail environment with strong existing tenant synergy. The property offers ample parking and convenient access for customers. Inquire today to learn more about this exceptional retail leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,639,143

  6.5%

  $4,282,286

  7%

  $3,976,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,940,132

  Geo Method

  $3,990,056

• Alternative Use

  Use

  Valuation

  Residential

  $3,612,268

  Hospitality

  $3,308,818

  Educational

  $2,752,898

  Medical

  $2,847,574

  Retail

  $4,282,286

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

37.9956

Longitude

-84.5295

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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