Retail Space with Private
For Lease
$45 SF/Yr
120 Turner Commons Way, Lexington, KY 40508
First-floor suites feature adaptable layouts, elevated ceilings, and access to shared building amenities.
Space Size1,475 SF - 6,318 SF
Days on Market572
Property Features for 120 Turner Commons Way
General Information
Standard status
Active
Size
1,475 SF - 6,318 SF
Net Rentable
1,475 SF
Property subtype
Retail
Zoning
PUD-3
Lease Type
NNN
Space & Availability
Available Space
1,475-6,318 SF
Floor
1
Space Use
Retail
Available From
2026-Q3
Amenities
private patio spaces
elevator service
common areas
high ceilings
walking trails
abundant green space
convenient surface parking
evening security patio
Building Details
Year Built
2025
Tenancy
Multi
Spaces For Lease
at 120 Turner Commons 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: Feb 4, 2025
Changed: Aug 28
Last Checked: Aug 29 at 5:58AM
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.
The Commons offers first-floor retail space within a mixed-use development at 120 Turner Commons Way in Lexington. The building provides 16,337 square feet overall, with individual suites ranging from 1,475 SF to 6,318 SF. Flexible floor plans, high ceilings, and contemporary architectural elements support varied retail and hospitality concepts. Select suites include private patio areas.
Elevator service connects the building, while shared areas are arranged near the retail section to support access and circulation. The property also includes surface parking, walking trails, green space, and an evening security patio. Zoning is PUD-3.
Elevator service connects the building, while shared areas are arranged near the retail section to support access and circulation. The property also includes surface parking, walking trails, green space, and an evening security patio. Zoning is PUD-3.
Key Highlights
- 16,337‑square‑foot retail building with first‑floor leasing space
- Suite sizes range from 1,475 SF to 6,318 SF
- Select suites include private patio areas
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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 - First-floor suites feature adaptable layouts, elevated ceilings, and access to shared building amenities.
Where is this retail space located?
The property is located at 120 Turner Commons 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: 16,337‑square‑foot retail building with first‑floor leasing space; Suite sizes range from 1,475 SF to 6,318 SF; Select suites include private patio areas
