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Highlights

  • Positioned on a heavily trafficked retail corridor with excellent visibility
  • Well-established tenant mix that brings in regular traffic including T.J. Maxx and Michaels
  • Close proximity to the largest mall in the state, Fayette Mall, as well as University of Kentucky and Transylvania University

Space Availability (4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 7,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
150 W Lowry Ln - 1st Floor
Space Use
Retail
Build-Out
-
Availability
Now
  • 1st Floor, Ste 140
  • 1,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
171 W Lowry Ln - 1st Floor - Ste 140
Space Use
Retail
Build-Out
-
Availability
Now
  • 1st Floor, Ste 160
  • 944 SF
  • 2-10 Years
  • $31.03 CAD/SF/YR $2.59 CAD/SF/MO $29,289 CAD/YR $2,441 CAD/MO
  • Triple Net (NNN)
171 W Lowry Ln - 1st Floor - Ste 160
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
  • 1st Floor, Ste Suite 145
  • 4,217 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
150 W Lowry Ln - 1st Floor - Ste Suite 145
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Sublease

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 7,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 140 1,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 160 944 SF 2-10 Years $31.03 CAD/SF/YR $2.59 CAD/SF/MO $29,289 CAD/YR $2,441 CAD/MO Triple Net (NNN)
1st Floor, Ste Suite 145 4,217 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

150 W Lowry Ln - 1st Floor

Size
7,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
-
Availability
Now

171 W Lowry Ln - 1st Floor - Ste 140

Size
1,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
-
Availability
Now

171 W Lowry Ln - 1st Floor - Ste 160

Size
944 SF
Term
2-10 Years
Rental Rate
$31.03 CAD/SF/YR $2.59 CAD/SF/MO $29,289 CAD/YR $2,441 CAD/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

150 W Lowry Ln - 1st Floor - Ste Suite 145

Size
4,217 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Sublease

  • Fully Built-Out as Standard Retail Space
  • 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.

Select Tenants at Regency Centre

  • Five Below
  • Kroger
  • Michaels
  • T.J. Maxx

Property Facts

Total Space Available 13,161 SF
Center Type Community Center
Parking 737 Spaces
Stores 32
Center Properties 8
Frontage
Huguenard Dr
  • Nicholasville Rd
  • Norman Ln
  • W Lowry Ln
Gross Leasable Area 193,487 SF
Total Land Area 25.82 AC
Year Built 1985

About the Property

Anchored by top national and regional retailers such as Kroger, T.J. Maxx and Five Below. Regency Centre offers quality restaurant, office, and retail space in the Lexington, Kentucky area. The center’s close proximity to Fayette Mall and the University of Kentucky makes it a prominent retail destination for the area. It's positioned in the heart of a retail corridor with excellent visibility and boasts a diverse tenant mix that drives traffic to the center.

  • Restaurant
  • Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
10,327
129,860
250,747
2030 Population
10,630
133,648
258,936
2025-2030 Projected Population Growth
2.9%
2.9%
3.3%
Median Age
40.2
34.2
35.8
College Degree + Higher
52%
49%
43%
Daytime Employees
11,906
111,760
194,816
Total Businesses
1,829
12,046
20,873
Average Household Income
$97,102
$91,618
$90,216
Median Household Income
$70,663
$62,292
$62,055
Total Consumer Spending
$142.7M
$1.6B
$3B
2025 Households
4,739
56,062
107,945
Average Home Value
$356,910
$389,100
$372,355
$ values in USD

Nearby Major Retailers

Kroger
Five Guys
Jason's Deli
IHOP
McAlister's Deli
Noodles & Company
Truist
Fifth Third Bank
Club Pilates
Planet Fitness
  • Listing ID: 13426051

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 2307-2375 Nicholasville Rd, Lexington, KY 40503

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