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Retail Storefront Space for Lease
For Lease
$15 SF/Yr

1408 Leestown Road, Lexington, KY 40511

COMMERCIAL - Lexington, KY

Space SizeContact for details
Lot Size8,276.00 Acres
Days on Market192

Property Features for 1408 Leestown Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-3
Subdivision Commercial
Directions Located at the intersection of Leestown and S Forbes
Standard status Active
APN 20919500
Size 3,456 SF
Lot size 8,276.00 Acres

Building Details

Year built 1976
Floors in Building 1
Listing Agency: Bluegrass Commercial Real Estate
Listed By: Andrew Mueller · License #305375
Added: Feb 11 Changed: Aug 4 Last Checked: Aug 22 at 12:06PM
MLS# 26002456

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 retail storefront space is available for lease and totals 3,456 square feet. The property is classified as retail space and is presented for businesses that need a dedicated street-facing storefront configuration.

The building is located at 1408 Leestown Road in Lexington, Kentucky 40511, in Fayette County. The property is zoned B-3, which provides a commercial zoning designation intended to accommodate a variety of retail and service-oriented uses.

For tenants and operators seeking a B-3 zoned retail location in Lexington, this space offers a straightforward option for establishing storefront operations. Its single-building retail configuration can support businesses that require a dedicated retail setting while staying within the constraints of the B-3 zoning district.

Key Highlights

  • Built in 1976

Property Analytics

Current Use

Sam's Used Cars Car Dealership U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
150k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 36% Dining 30% Groceries 28% Apparel 6%
Kroger Groceries
42,179 visits/mo 0.4 miles
McDonald's Dining
19,682 visits/mo 0.5 miles
Speedway Shops & Services
13,922 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
13,727 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
12,444 visits/mo 0.4 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

$58.03 /SF/Yr
Avg Asking Price
$12–$556 /SF/Yr
Price Range
5,139 SF
Avg Space Size

This space is priced 74% below the average of $58.03 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Bride's Assistant 1611 meadowthorpe ave, lexington, ky 40511
  • Kroger Floral Department 1600 Leestown Rd Ste. 150, Lexington, KY 40511

Frequently Asked Questions

What type of property is this?
Storefront property - Leasing retail storefront space in a B-3 zoned location on Leestown Road.
Where is this storefront property located?
The property is located at 1408 Leestown Road Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Built in 1976
More about this property
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