Retail/Office Space on
For Lease
Contact for pricing
1316 S Broadway, Lexington, KY 40504
High-traffic location near hospitals, hotels, and the University of Kentucky.
Space Size8,400 SF
Days on Market1376
Property Features for 1316 S Broadway
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Retail, Office, Special Purpose
Lease Type
Modified Gross
Building Details
Building Size
8,400 SF
Tenancy
Single
Spaces For Lease
at 1316 S Broadway Contact us- Size
- 8,400 SF
- Type
- Office, Retail, Special Purpose
- Lease Type
- Modified Gross
- Availability
- Active
Available Space 1
Listing Agency:
The Gibson Company Commercial Real Estate
(248) 318-0881
Listed By:
Christa Collins, CCIM · License #KY 239962
Source:
Crexi
Added: Nov 6, 2022
Changed: Aug 7
Last Checked: Aug 11 at 3:05PM
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 The Gibson Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial space, suitable for retail or office use, benefits from a location with high traffic counts, exceeding 30,000 cars daily. Situated near hospitals, hotels, and restaurants, the property offers signage opportunities on South Broadway. It features ample parking and good visibility from a major thoroughfare leading into Lexington's central business district. The property is also located near regional hospitals and the University of Kentucky. Tenants are responsible for covering their own utility expenses. Note that the building does not have an elevator.
Key Highlights
- High traffic count with over 30,000 daily cars
- Great visibility from major thoroughfare
- Signage available on South Broadway
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
150k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 14%
Hotels & Casinos 8%
Electronics 1%
SONIC Drive In
Dining
23,684 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
19,728 visits/mo
0.3 miles
Dunkin' Donuts
Dining
14,282 visits/mo
0.1 miles
Wendy's
Dining
13,535 visits/mo
0.3 miles
First Watch
Dining
9,287 visits/mo
0.3 miles
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$42.48 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
20,457 SF
Avg Space Size
This space is priced 53% below the average of $42.48 /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 - High-traffic location near hospitals, hotels, and the University of Kentucky.
Where is this retail space located?
The property is located at 1316 S Broadway Lexington, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High traffic count with over 30,000 daily cars; Great visibility from major thoroughfare; Signage available on South Broadway
