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Ground-Floor Mixed-Use Suite
For Lease
$45 SF/Yr

1380 N Forbes Road, Lexington, KY 40511

Flexible storefront space supports retail, hospitality, service, studio, and creative office concepts within a mixed-use campus.

Space SizeContact for details
Days on Market120

Property Features for 1380 N Forbes Road

General Information

Standard status Active
Property subtype Retail
Zoning PUD-3
Lease Type NNN

Site & Location

Anchor Co-Tenants The Rail
Highway Access Yes
Road Access Yes

Additional Details

Floor Ground

Amenities

nature trail
park
plaza spaces

Building Details

Year Built 2026
Tenancy Multi

Spaces For Lease

at 1380 N Forbes Road Contact us

Available Space $45/Mo

Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Amy Mellinger · License #210462
Source: Kcrea.resimplifi
Added: May 5 Changed: Aug 30 Last Checked: Aug 31 at 12:49PM

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 mixed-use property offers four remaining ground-floor suites intended for flexible commercial occupancy, including boutique retail, hospitality, service, studio, and creative office uses. The available property size is 1,928 square feet, with suites opening toward pedestrian activity within the campus. The building was completed in 2026 and is zoned PUD-3.

The property is part of a 43-acre development with twelve luxury short-term rentals, more than 400 employees, and access to a nature trail, park, and plaza areas. The Commons is located one mile from downtown Lexington, near The Rail entertainment venue, The Yard, and the broader campus. Main Street access, proximity to New Circle Road, and regional connectivity via I-75 support access for local and visitor-oriented activity.

Key Highlights

  • Four remaining ground‑floor suites within a mixed‑use building
  • 1,928‑square‑foot property completed in 2026
  • PUD‑3 zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon HVAC Service Nail Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

638
Businesses Nearby

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

$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size

This space is priced 27% above the average of $35.38 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible storefront space supports retail, hospitality, service, studio, and creative office concepts within a mixed-use campus.
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 within a mixed‑use building; 1,928‑square‑foot property completed in 2026; PUD‑3 zoning
More about this property
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