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Retail Space in Southland Center
For Lease
$15 SF/Yr

125 Southland Drive, Lexington, KY 40503

Retail space in a high-traffic Lexington retail corridor.

Space Size2,830 SF
Days on Market114

Property Features for 125 Southland Drive

General Information

Standard status Active
Size 2,830 SF
Property subtype Retail
Lease Term $15 SF/yr (NNN)

Building Details

Building Size 2,830 SF

Spaces For Lease

at 125 Southland Drive Contact us

125 Southland Drive $15/SF/Yr

Size
2,830 SF
Term
Negotiable
Contact us
Listing Agency: White Oak Commercial Real Estate, LLC
Listed By: Frederick Rupp · License #KY 269283
Source: Whiteoakcre
Added: May 8 Changed: Aug 25 Last Checked: Aug 29 at 7:51AM

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 White Oak Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

Southland Center is located in the Southland Drive retail corridor, offering visibility near Nicholasville Road. The location benefits from a mix of local tenants, including Winchell's, Marikka's Restaurant & Bier Stube, The Ketch, and Donut Days Bakery, as well as national tenants such as Papa John's and Taziki's Mediterranean Café, and several banks. Downtown Lexington, the University of Kentucky, and Baptist Health are located within 3 miles of the site. The lease rate is $15 per square foot.

Key Highlights

  • Excellent visibility in the high‑traffic Southland Dr retail corridor, just off Nicholasville Road.
  • Strong mix of local and national tenants drive steady traffic to the area.
  • Convenient access to major economic drivers: Downtown Lexington, University of Kentucky, and Baptist Health (all within 3 miles).

Property Analytics

Current Use

Columbia Steak Express Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Law Firm Electrical Service Hotel & Motel Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,004
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 32% Apparel 7% Hotels & Casinos 2%
Panera Bread Dining
21,313 visits/mo 0.4 miles
Taco Bell Dining
13,916 visits/mo 0.5 miles
Freddy's Frozen Custard & Steakburgers Dining
10,498 visits/mo 0.3 miles
Caseys Shops & Services
10,062 visits/mo 0.1 miles
El Toro Dining
9,741 visits/mo 0.0 miles

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$27.45 /SF/Yr
Avg Asking Price
$12.32–$45 /SF/Yr
Price Range
25,606 SF
Avg Space Size

This space is priced 45% below the average of $27.45 /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
Rey
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Similar Off Market Nearby

  • Creative Table Kitchen and Catering 185 Pasadena Dr #150, Lexington, KY 40503, United States

Frequently Asked Questions

What type of property is this?
Restaurant - Retail space in a high-traffic Lexington retail corridor.
Where is this restaurant located?
The property is located at 125 Southland Drive Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Excellent visibility in the high‑traffic Southland Dr retail corridor, just off Nicholasville Road.; Strong mix of local and national tenants drive steady traffic to the area.; Convenient access to major economic drivers: Downtown Lexington, University of Kentucky, and Baptist Health (all within 3 miles).
More about this property
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