1080 South Broadway Lexington, KY 40503

The Simpson Center is a retail center with approximately 22,171 square feet of space. It is located near the University of Kentucky, student housing complexes, Saint Joseph Hospital, Lexington Clinic, and downtown Lexington. The center is situated on South Broadway Avenue, which sees approximately 37,680 vehicles per day (in 2023). The property is located 1.5 miles from downtown Lexington and 0.5 miles from the University of Kentucky and The Red Mile. The University of Kentucky has over 30,720 students and over 12,500 employees. Over 71,655 employees work within one mile of the property. The Red Mile, which recently underwent a $42 million renovation to add a Racino, is in partnership with Keeneland and simulcasts races 364 days a year. Approximately 10,500 employees work in Lexington’s Central Business District. Additionally, four major medical centers attracting over 6,500 patient visits per day and with over 8,350 employees are within a 1.5 mile distance. The center is also very convenient to all of the new office campus student housing projects. The property is zoned B-1, Neighborhood Business. Current tenants include First Watch, Buffalo Wild Wings, and Penn Station Subs. Suite 204, offering approximately 1,720 square feet, is available for sublease with an additional term available direct from the Landlord. The rental rate is $24.50 per square foot NNN, with NNN estimated at $5.30 per square foot. The area has a strong demographic profile, with a population of over 108,000 within a 3-mile radius.