Mixed-Use Building with Ground-Floor
For Lease
$45 SF/Yr
1380 N Forbes Road, Lexington, KY 40508
Commercial Lease, Lexington, KY
Space SizeContact for details
Lot Size1.00 Acre
Days on Market141
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: Sep 12
Last Checked: Sep 22 at 6:06AM
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 an under-construction mixed-use building with four remaining ground-floor suites. The spaces can be leased individually or combined, with layouts designed for boutique retail, hospitality, service businesses, studios, and creative office users. The building is scheduled for completion in 2026 and includes 1,968 square feet of property space on a 1-acre site.
The property is part of The Commons, a 43-acre mixed-use development in Lexington's emerging entertainment corridor. On-site activity includes twelve luxury short-term rentals, more than 400 employees, The Rail entertainment venue, a nature trail, park areas, and plaza spaces. The site is one mile from downtown Lexington, with access to Main Street, New Circle Road, and I-75. Its address is 1380 N Forbes Road, Lexington, KY 40508.
The property is part of The Commons, a 43-acre mixed-use development in Lexington's emerging entertainment corridor. On-site activity includes twelve luxury short-term rentals, more than 400 employees, The Rail entertainment venue, a nature trail, park areas, and plaza spaces. The site is one mile from downtown Lexington, with access to Main Street, New Circle Road, and I-75. Its address is 1380 N Forbes Road, Lexington, KY 40508.
Key Highlights
- Four remaining ground‑floor suites available individually or in combination
- 1,968 square feet of property space on a 1‑acre site
- Under construction with completion scheduled for 2026
Property Analytics
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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
519
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Apparel 20%
Dining 12%
Speedway
Shops & Services
13,922 visits/mo
0.2 miles
Goodwill
Apparel
8,543 visits/mo
0.3 miles
Dollar General
Shops & Services
6,720 visits/mo
0.3 miles
Marathon
Shops & Services
4,992 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
3,557 visits/mo
0.5 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
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Market
Lease Benchmarks for Lexington, KY
$31.23 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
31,616 SF
Avg Space Size
This space is priced 44% above the average of $31.23 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Under-construction suites offer flexible space 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 individually or in combination; 1,968 square feet of property space on a 1‑acre site; Under construction with completion scheduled for 2026
