Mixed-Use Ground-Floor
For Lease
$45 SF/Yr
1380 N Forbes Road, Lexington, KY 40508
COMMERCIAL - Lexington, KY
Space SizeContact for details
Lot Size1.00 Acre
Days on Market99
Property Features for 1380 N Forbes Road
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning description
PUD-3
Subdivision
Commercial
Directions
W. Main Street outbound to right on N. Forbes Road, then right on Commons Lane. Property will be on the left.
Standard status
Active
APN
20130900
Size
1,968 SF
Lot size
1.00 Acre
Amenities
nature trail
park
plaza spaces
Building Details
Year built
2026
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Lucas Witt · License #21085
(859) 948-5646
Added: May 5
Changed: Aug 4
Last Checked: Aug 11 at 5:06PM
MLS# 26009954
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1380 N Forbes Road is a mixed-use commercial building under construction with four remaining ground-floor suites. Spaces may be leased individually or combined, supporting flexible layouts for boutique retail, hospitality, service businesses, studios, and creative offices. The property is scheduled for completion in 2026 and encompasses 1,968 square feet on a 1-acre site.
The building is part of a 43-acre mixed-use development with twelve short-term rentals above, more than 400 employees, The Rail entertainment venue, nature trails, park areas, and plaza spaces. It is one mile from downtown Lexington, with access to Main Street, proximity to New Circle Road, and regional connectivity through I-75. The Commons also connects with The Yard, the Distillery District, Town Branch Park, and surrounding urban neighborhoods.
The building is part of a 43-acre mixed-use development with twelve short-term rentals above, more than 400 employees, The Rail entertainment venue, nature trails, park areas, and plaza spaces. It is one mile from downtown Lexington, with access to Main Street, proximity to New Circle Road, and regional connectivity through I-75. The Commons also connects with The Yard, the Distillery District, Town Branch Park, and surrounding urban neighborhoods.
Key Highlights
- Four remaining ground‑floor suites available for individual lease or combination
- 1,968 square feet on a 1‑acre site
- Under construction with 2026 completion
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
525
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
$34 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
32,920 SF
Avg Space Size
This space is priced 32% above the average of $34 /SF/Yr.
Vacancy Rate% for Office 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?
Mixed-use property - Four flexible storefront spaces are under construction for retail, hospitality, service, studio, and creative office uses.
Where is this mixed-use property located?
The property is located at 1380 N Forbes Road Lexington, KY.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Four remaining ground‑floor suites available for individual lease or combination; 1,968 square feet on a 1‑acre site; Under construction with 2026 completion
