Restaurant Endcap with
For Lease
Contact for pricing
112 Lucille Dr, Lexington, KY 40511
Second-generation sublease space in a multi-tenant retail building with outdoor seating and established co-tenancy.
Space Size3,200 SF
Days on Market240
Property Features for 112 Lucille Dr
General Information
Standard status
Active
Size
3,200 SF
Net Rentable
3,200 SF
Property subtype
Strip Center
Space & Availability
Available Space
3,200 SF
Contiguous Space
3,200 SF
Space Use
Restaurant
Sublease
Yes
Site & Location
End Cap
Yes
Anchor Co-Tenants
Starbucks, Clark's Pump-N-Shop, UK Federal Credit Union
Additional Details
Patio
Yes
Amenities
outside patio area
Building Details
Building Size
3,200 SF
Year Built
2023
Tenancy
Multi
Spaces For Lease
at 112 Lucille Dr
Suite 150
Size
3,200 SF
Lease Type
NNN
Listing Agency:
NAI Isaac
Listed By:
Zach Smith
(859) 333-8029
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 31
Last Checked: Aug 30 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac
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Investment Insights
Based on property information with market context.
Approximately 3,200 SF of second-generation restaurant space is available for sublease at an endcap within an existing multi-tenant building. The premises include an outdoor patio that can accommodate up to 24 seats, providing an additional service area for the restaurant use. The existing lease expires 3/1/2034.
The property is positioned at the main entrance to The Villages at Great Acres on Leestown Road, just north of Citation Boulevard in Lexington. The 51-acre development includes commercial outlots and retail space, with 127 new townhomes and 366 new apartments set among green space and a pond. Current co-tenancy includes Starbucks, Clark's Pump-N-Shop, and UK Federal Credit Union, with Ramsey's Diner and Osaka in the existing building.
The development is planned to connect directly with the Masterson Station neighborhood and the Legacy Trail, which connects with downtown.
The property is positioned at the main entrance to The Villages at Great Acres on Leestown Road, just north of Citation Boulevard in Lexington. The 51-acre development includes commercial outlots and retail space, with 127 new townhomes and 366 new apartments set among green space and a pond. Current co-tenancy includes Starbucks, Clark's Pump-N-Shop, and UK Federal Credit Union, with Ramsey's Diner and Osaka in the existing building.
The development is planned to connect directly with the Masterson Station neighborhood and the Legacy Trail, which connects with downtown.
Key Highlights
- Approximately 3,200 SF of second‑generation restaurant space available for sublease
- Endcap position at the main entrance to The Villages at Great Acres
- Outdoor patio area accommodating up to 24 seats
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 46%
Shops & Services 31%
Dining 22%
Crossroads IGA
Groceries
14,135 visits/mo
0.4 miles
Shell
Shops & Services
9,563 visits/mo
0.4 miles
Starbucks
Dining
6,772 visits/mo
0.2 miles
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$30.5 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
90,052 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation sublease space in a multi-tenant retail building with outdoor seating and established co-tenancy.
Where is this conventional restaurant located?
The property is located at 112 Lucille Dr Lexington, KY.
What are key features of this property?
This property features: Approximately 3,200 SF of second‑generation restaurant space available for sublease; Endcap position at the main entrance to The Villages at Great Acres; Outdoor patio area accommodating up to 24 seats
