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Standalone Retail Space with Expansion Option
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 Market424

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
Available Space $45/Mo
Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Amy Mellinger · License #210462
Source: Kcrea.resimplifi
Added: Aug 19, 2025 Changed: Oct 11 Last Checked: Oct 16 at 5:56AM

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

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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.

Key Highlights

  • 4,916 SF standalone retail space
  • Option to add a second floor
  • Restaurant or entertainment use identified

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,955 SF
Avg Space Size

This space is priced 38% above the average of $32.72 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

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
More about this property
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