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Malabu Heights Plaza

2348-2358 Nicholasville Road, Lexington, KY 40503

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Overview

Malabu Heights Plaza, located on Nicholasville Road (Avg. 45,326 CPD), is at the center Lexington's premier retail corridor. The property boasts high traffic counts and excellent visibility. It is perfect for retail, showroom, or office type users.

Malabu Heights Plaza is located on Nicholasville Road surrounded by high-end retail including Trader Joes, Lasik Plus, and many others. Inside New Circle Road, the property is convenient to the University of Kentucky, hospitals, and hotels. It is supported by strong office, commercial, and residential volume in the immediate and surrounding areas.

Lease Spaces

NameRateSFStatus
Suite 100$38 /SF/Year2,000 SFavailable
Suite 156/160$24.25 /SF/Year1,600 - 3,200 SFavailable

For Lease

Retail

Secondary Uses: Strip Center

Lease Rate
$24.25 - $38 SF/year
Available SF
1,600 - 3,200 SF
Total Available SF
5,200 SF
Building Size
26,880 SF
Acres
1.4156 ac
Zoning
B-1
Zoning Desc.
Neighborhood Business
Lease Type
NNN
Business Park
Malabu Heights Plaza
# of Buildings
1
Floors
1
Year Built
2005
Construction Type
Framed
Nearest MSA
Lexington-Fayette
Property Status
Existing
County
Fayette
Available
04/01/2026
Listed
01/08/2026
Updated
04/01/2026
Listing ID
57220237
Parcel APN
38163360