Retail Space with Food Hall
For Lease
$25 SF/Yr
405 S Limestone, Lexington, KY 40508
Planned tenant mix includes restaurants, service-oriented retail, and other complementary business uses.
Space SizeContact for details
Days on Market503
Property Features for 405 S Limestone
General Information
Standard status
Active
Property subtype
Retail
Zoning
B-1
Lease Type
NNN
Additional Details
Space Use
Retail
Amenities
on-site parking
Water
Sewer
Building Details
Year Built
2020
Spaces For Lease
at 405 S Limestone Contact usAvailable Space $30/Mo
Contact usAvailable Space $25/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 489-6133
Listed By:
Colleen Barr · License #215416
(859) 489-6133
Source:
Kcrea.resimplifi
Added: Apr 16, 2025
Changed: Aug 31
Last Checked: Aug 31 at 1:38PM
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.
The Cornerstone Exchange is a retail space at 405 S Limestone in Lexington, Kentucky. Built in 2020, the property measures 682,752 square feet and is zoned B-1. The leasing concept calls for a combination of food hall operators, restaurants, traditional retailers, and service-oriented businesses within a coordinated commercial setting.
The property is positioned within an innovation-focused community connected to the UK innovation space and campus environment. UK Plus is accepted, and the concept is intended to bring multiple community businesses together. Ample on-site parking is also provided for visitors and tenants.
The property is positioned within an innovation-focused community connected to the UK innovation space and campus environment. UK Plus is accepted, and the concept is intended to bring multiple community businesses together. Ample on-site parking is also provided for visitors and tenants.
Key Highlights
- 682,752‑square‑foot retail space built in 2020
- B‑1 zoning at 405 S Limestone, Lexington, KY 40508
- Tenant concept includes a food hall and traditional retail
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,029
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 23%
Marathon Petroleum
Shops & Services
2,407 visits/mo
0.2 miles
China Star
Dining
725 visits/mo
0.3 miles
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 41% below the average of $42.33 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Planned tenant mix includes restaurants, service-oriented retail, and other complementary business uses.
Where is this retail space located?
The property is located at 405 S Limestone Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 682,752‑square‑foot retail space built in 2020; B‑1 zoning at 405 S Limestone, Lexington, KY 40508; Tenant concept includes a food hall and traditional retail
