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    4101 Tates Creek Centre Dr, Unit 140 Lexington, KY 40517

    For Lease
    $28 SF/Yr ($6,300 /Mo)

    COMMERCIAL - Lexington, KY

    Type:Retail
    Property size:
    2,700 SF
    Lot size:
    15.15 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 4101 Tates Creek Centre Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    20028000
    Size
    2,700 SF
    Lot size
    15.15 Acres

    Building Details

    Year built
    1986
    Floors in Building
    1

    Block + Lot Real Estate 3090099

    Listing agent Gregory Leveridge (859) 309-0099

    Listing date Sep 12, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space in Kroger-Anchored Center

    This is a second-generation restaurant space available for lease within the Tates Creek Centre, a Kroger-anchored retail center. The development spans nearly 200,000 square feet of retail space. The location benefits from its position at Tates Creek Road, which sees approximately 25,000 vehicles per day, and Man O' War Boulevard, which sees approximately 30,000 vehicles per day, with traffic flow from Nicholasville Road. The property is part of a center with co-tenants such as Walgreens, UPS Store, KORT Physical Therapy, FedEx, The Little Clinic, and Kyoto. The available space includes restaurant equipment such as a walk-in cooler, furniture, and a beverage bar; all equipment except the POS system can be included. The offering is a sublease through March 31, 2027. There is an option to discuss terminating the sublease and granting a new lease, subject to landlord approval, or continuing with the sublease structure. The lot size is 15.15 acres and the property size is 2700 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FADED-Tates Creek Centre Barber Shop Legacy Real Estate ... Real Estate Agency TinyFit Software Company The UPS Store Notary Public Forge Search Marketing Internet Marketing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.498649
    Latitude
    37.971047

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    FAQs

    What type of property is this?
    Restaurant - Second generation restaurant space in prime Lexington retail center.
    Where is this restaurant located?
    The property is located at 4101 Tates Creek Centre Dr, Unit 140 Lexington, KY.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Second generation restaurant space with existing equipment included, such as walk-in cooler, furniture, and beverage bar.; - Located in the prime, Kroger-anchored Tates Creek Centre with high traffic flow on Tates Creek Rd. and Man O' War Blvd.; - Strong co-tenancy mix including Walgreens, UPS Store, Kroger, and other established businesses.
    (859) 309-0099
    Request Owner's contact information
    4101 Tates Creek Centre Dr, Unit 140 Lexington, KY 40517
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    Lexington, KY 40517
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4101 Tates Creek Centre Dr, Unit 140 Lexington, KY 40517
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