Restaurant Space with
For Lease
$45 SF/Yr
113 Turner Commons Way, Lexington, KY 40511
Two-level commercial space within The Commons master-planned development, offering flexible restaurant layouts and access to shared outdoor areas.
Space Size4,195 SF - 8,337 SF
Days on Market835
Property Features for 113 Turner Commons Way
General Information
Standard status
Active
Size
4,195 SF - 8,337 SF
Net Rentable
4,195 SF
Property subtype
Retail
Zoning
PUD-3
Lease Type
NNN
Space & Availability
Available Space
4,195-8,337 SF
Contiguous Space
8,337 SF
Divisible
Yes
Floor
Ground + 2
Space Use
Restaurant
Additional Details
Patio
Yes
Amenities
exterior common areas
shared public space and common plaza
Building Details
Stories
2
Spaces For Lease
at 113 Turner Commons Way
Available Space
$45/Mo
Listing Agency:
Block & Lot Real Estate
Listed By:
Amy Mellinger · License #210462
(859) 619-5369
Source:
Kcrea.resimplifi
Added: Jul 1, 2024
Changed: Oct 7
Last Checked: Oct 12 at 4:38PM
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 two-level restaurant property provides configurable space across two suites within The Commons development. Suite 120 includes 3,720 SF of interior area and an exterior terrace, totaling 4,195 RSF. Suite 220 offers 3,635 SF indoors plus a terrace overlooking the development’s common-area plaza, totaling 4,142 RSF. Together, the suites provide up to 8,337 RSF of contiguous space, subject to configuration.
The property is located in Lexington’s Entertainment District and includes access to shared public areas and a common plaza. The broader development combines retail, office, luxury overnight rentals, and a future entertainment venue. PUD-3 zoning supports the property’s commercial setting, while the two-suite layout allows for separate or combined restaurant concepts.
The property is located in Lexington’s Entertainment District and includes access to shared public areas and a common plaza. The broader development combines retail, office, luxury overnight rentals, and a future entertainment venue. PUD-3 zoning supports the property’s commercial setting, while the two-suite layout allows for separate or combined restaurant concepts.
Key Highlights
- Two suites totaling up to 8,337 RSF of contiguous space
- Suite 120: 3,720 SF interior plus terrace, totaling 4,195 RSF
- Suite 220: 3,635 SF interior plus terrace, totaling 4,142 RSF
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$30.5 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
90,052 SF
Avg Space Size
This space is priced 48% above the average of $30.5 /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?
Conventional restaurant - Two-level commercial space within The Commons master-planned development, offering flexible restaurant layouts and access to shared outdoor areas.
Where is this conventional restaurant located?
The property is located at 113 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: Two suites totaling up to 8,337 RSF of contiguous space; Suite 120: 3,720 SF interior plus terrace, totaling 4,195 RSF; Suite 220: 3,635 SF interior plus terrace, totaling 4,142 RSF
