Retail Space Near
For Lease
$12 SF/Yr
312 S Ashland Ave, Lexington, KY 40502
B-1-zoned commercial space beside Starbucks, near boutique shops, the University of Kentucky, and downtown.
Space SizeContact for details
Days on Market653
Property Features for 312 S Ashland Ave
General Information
Standard status
Active
Total Parking Spaces
11
Property subtype
Retail
Zoning
B-1
Lease Type
NNN
Additional Details
Space Use
Office/Retail
Amenities
11 Parking Spaces
Building Details
Year Built
1990
Spaces For Lease
at 312 S Ashland Ave
Available Space
$12/Mo
Listing Agency:
Equity Management Group, Inc.
Listed By:
Ande Long · License #29083
(859) 533-1577
Source:
Kcrea.resimplifi
Added: Jan 1, 2025
Changed: Oct 3
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 Equity Management Group, Inc.
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Investment Insights
Based on property information with market context.
This 5,372-square-foot retail space was built in 1990 and carries B-1 zoning. The property is offered for lease and is positioned for storefront or other retail-oriented commercial use.
The building sits at 312 S Ashland Ave in Lexington’s historic Chevy Chase neighborhood, next door to Starbucks. Restaurants and boutique shops are within walking distance, along with the University of Kentucky and downtown Lexington.
The building sits at 312 S Ashland Ave in Lexington’s historic Chevy Chase neighborhood, next door to Starbucks. Restaurants and boutique shops are within walking distance, along with the University of Kentucky and downtown Lexington.
Key Highlights
- 5,372‑square‑foot retail space
- B‑1 zoning
- Built in 1990
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
97k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 32%
Dining 10%
Home Improvements & Furnishings 2%
Kroger
Groceries
49,528 visits/mo
0.2 miles
Speedway
Shops & Services
12,520 visits/mo
0.4 miles
PNC Bank
Shops & Services
5,680 visits/mo
0.1 miles
Liquor Barn
Groceries
5,378 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,193 visits/mo
0.4 miles
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
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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 63% below the average of $32.72 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - B-1-zoned commercial space beside Starbucks, near boutique shops, the University of Kentucky, and downtown.
Where is this retail space located?
The property is located at 312 S Ashland Ave Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,372‑square‑foot retail space; B‑1 zoning; Built in 1990
