Renovated B-3 Storefront
For Lease
$15 SF/Yr Modified Gross
1408 Leestown Rd, Lexington, KY 40511
Renovated commercial space with B-3 zoning and convenient access to New Circle Road.
Space SizeContact for details
Days on Market285
Property Features for 1408 Leestown Rd
General Information
Standard status
Active
Property subtype
Other
Zoning
B-3
Lease Type
Modified Gross
Spaces For Lease
at 1408 Leestown Rd Contact usAvailable Space $15/Mo
Contact us
Listing Agency:
Bluegrass Commercial Real Estate
(859) 421-5020
Listed By:
Andrew Mueller · License #305375
(859) 421-5020
Source:
Kcrea.resimplifi
Added: Nov 20, 2025
Changed: Aug 29
Last Checked: Sep 1 at 3:38PM
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 Bluegrass Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 1408 Leestown Rd, this storefront property provides 3,456 square feet of commercial space within a recently renovated building. The B-3 zoning designation supports its commercial positioning, while the storefront configuration offers a practical setting for business occupancy.
The property is near downtown Lexington and provides access to New Circle Road. Its location combines an established roadway address with connectivity to a major surrounding route.
The property is near downtown Lexington and provides access to New Circle Road. Its location combines an established roadway address with connectivity to a major surrounding route.
Key Highlights
- 3,456 square feet of commercial space
- Recently renovated building
- B‑3 zoning designation
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
194k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 34%
Groceries 22%
Apparel 4%
Kroger
Groceries
42,179 visits/mo
0.3 miles
McDonald's
Dining
19,682 visits/mo
0.3 miles
Drake's
Dining
16,348 visits/mo
0.5 miles
Speedway
Shops & Services
13,922 visits/mo
0.2 miles
Kroger Fuel Center
Shops & Services
13,727 visits/mo
0.3 miles
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
$61.11 /SF/Yr
Avg Asking Price
$12–$556 /SF/Yr
Price Range
5,299 SF
Avg Space Size
This space is priced 75% below the average of $61.11 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kroger Floral Department — 1600 Leestown Rd Ste. 150, Lexington, KY 40511
- Bride's Assistant — 1611 meadowthorpe ave, lexington, ky 40511
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated commercial space with B-3 zoning and convenient access to New Circle Road.
Where is this storefront property located?
The property is located at 1408 Leestown Rd Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,456 square feet of commercial space; Recently renovated building; B‑3 zoning designation
