Ground Floor Retail
For Lease
$45 SF/Yr
1380 N Forbes Road, Lexington, KY 40508
COMMERCIAL - Lexington, KY
Space SizeContact for details
Property Size1,968 SF
Lot Size1.00 Acre
Days on Market94
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
Building Details
Year built
2026
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Lucas Witt
(859) 948-5646
Added: May 5
Changed: Aug 4
Last Checked: Aug 6 at 7:06PM
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.
This boutique mixed-use building offers four remaining ground-floor suites designed for flexible use, including boutique retail, hospitality, service, or studio and creative office concepts. Suites open directly onto intentional foot traffic generated by the building’s twelve luxury short-term rentals above. The spaces are right-sized for operators looking for a built-in street-level presence within a mixed-use environment.
The property sits at 1380 N Forbes Road within a district featuring nature trail and park system amenities, with walkability to The Yard, The Rail, and the broader campus. The campus is described as a 43-acre development with over 400 employees, plus audiences drawn to The Rail entertainment venue. Access is noted to Main Street and proximity to New Circle Road, with regional connectivity via I-75.
Tenants can lease an individual suite or combine multiple to fit their concept, making the offering adaptable for retail brands, hospitality operators, service providers, or creative teams that benefit from consistent pedestrian activity. With direct outdoor-facing access tied to the building’s above-floor rentals and on-site workforce, the suites are positioned for businesses seeking an integrated, street-level storefront or studio environment within an active campus setting.
The property sits at 1380 N Forbes Road within a district featuring nature trail and park system amenities, with walkability to The Yard, The Rail, and the broader campus. The campus is described as a 43-acre development with over 400 employees, plus audiences drawn to The Rail entertainment venue. Access is noted to Main Street and proximity to New Circle Road, with regional connectivity via I-75.
Tenants can lease an individual suite or combine multiple to fit their concept, making the offering adaptable for retail brands, hospitality operators, service providers, or creative teams that benefit from consistent pedestrian activity. With direct outdoor-facing access tied to the building’s above-floor rentals and on-site workforce, the suites are positioned for businesses seeking an integrated, street-level storefront or studio environment within an active campus setting.
Key Highlights
- Under construction; Year built 2026 boutique mixed‑use building at 1380 Forbes Road (The Commons).
- Four remaining ground‑floor suites for flexible use: boutique retail, hospitality, service, or studio/creative office.
- Suites open directly onto foot traffic generated by 12 luxury short‑term rentals above.
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
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
Under-served
Demand for This Use
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
$73.64 /SF/Yr
Avg Asking Price
$12–$556 /SF/Yr
Price Range
3,751 SF
Avg Space Size
This space is priced 39% below the average of $73.64 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible ground-floor suite with direct pedestrian access from a mixed-use campus and entertainment venue.
Where is this storefront 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: Under construction; Year built 2026 boutique mixed‑use building at 1380 Forbes Road (The Commons).; Four remaining ground‑floor suites for flexible use: boutique retail, hospitality, service, or studio/creative office.; Suites open directly onto foot traffic generated by 12 luxury short‑term rentals above.
