Standalone Retail Space with Expansion
For Lease
$45 SF/Yr
Pending
125 Turner Cmns Way, Lexington, KY 40508
Flexible commercial space supports restaurant or entertainment concepts within a planned development.
Space SizeContact for details
Days on Market377
Property Features for 125 Turner Cmns Way
General Information
Standard status
Pending
Property subtype
Retail
Zoning
PUD-3
Lease Type
NNN
Additional Details
Space Use
Retail
Highway Access
Yes
Amenities
walking trails and green space
evening security
Spaces For Lease
at 125 Turner Cmns Way Contact usAvailable Space $45/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 619-5369
Listed By:
Amy Mellinger · License #210462
(859) 619-5369
Source:
Kcrea.resimplifi
Added: Aug 19, 2025
Changed: Aug 28
Last Checked: Aug 30 at 1:58PM
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 Block & Lot Real Estate
Investment Insights
Based on property information with market context.
This standalone 4,916 SF retail space offers a customizable layout for restaurant or entertainment use. The property includes an option to add a second floor, creating additional expansion flexibility for an operator seeking more space within the existing site.
Located at 125 Turner Commons Way in Lexington, the property is positioned within The Commons entertainment district. Nearby attractions include a future entertainment venue, Pickleball Kingdom, RD1 Distillery, and plaza areas. Walking trails, green space, ample parking, evening security, and access to I-75, I-64, and New Circle Road are also identified as site features. The property is zoned PUD-3.
Located at 125 Turner Commons Way in Lexington, the property is positioned within The Commons entertainment district. Nearby attractions include a future entertainment venue, Pickleball Kingdom, RD1 Distillery, and plaza areas. Walking trails, green space, ample parking, evening security, and access to I-75, I-64, and New Circle Road are also identified as site features. The property is zoned PUD-3.
Key Highlights
- 4,916 SF standalone retail space
- Option to add a second floor
- Restaurant or entertainment use identified
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$42.33 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
13,944 SF
Avg Space Size
This space is priced 6% above the average of $42.33 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space supports restaurant or entertainment concepts within a planned development.
Where is this retail space located?
The property is located at 125 Turner Cmns Way Lexington, KY.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 4,916 SF standalone retail space; Option to add a second floor; Restaurant or entertainment use identified
