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Restaurant Space with Food-Service Setup
For Lease
$2,900/Mo

192 Lexington Green Circle, Lexington, KY 40503

The planned shopping center space has accommodated food-related businesses and sits near Fayette Mall, Target and hotels.

Space SizeContact for details
Property Size1,860 SF
Days on Market263

Property Features for 192 Lexington Green Circle

General Information

Standard status Active
Size 1,860 SF
Zoning Planned Shopping Center

Additional Details

Space Use Restaurant

Building Details

Building Size 1,860 SF
Year Built 1989
Buildings 1
Stories 1
Listing Agency: United Real Estate Bluegrass
Listed By: Vitaliy Chubaruk · License #201596
Source: Bluegrasspropertiesgroup
Added: Feb 17 Changed: Nov 4 Last Checked: Nov 6 at 12:05AM

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 United Real Estate Bluegrass

Rey
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Investment Insights

Based on property information with market context.

This 1,860-square-foot restaurant space is in a planned shopping center and was built in 1989. Its prior occupants included an ice cream shop and a hot dog restaurant, establishing a history of food-service use at the property.

Fayette Mall, Target and hotels are nearby. The space is located at 192 Lexington Green Circle in Lexington, Kentucky.

Key Highlights

  • 1,860‑square‑foot restaurant space
  • Previously occupied by an ice cream shop and a hot dog restaurant
  • Near Fayette Mall, Target and hotels

Property Analytics

Current Use

Sam's Hot Dog ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store Building Supply Electrical Service Storage Facility

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
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,140
Businesses Nearby
847k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Apparel 19% Superstores 18% Groceries 9%
Target Superstores
155,714 visits/mo 0.3 miles
Macy's Apparel
92,118 visits/mo 0.4 miles
Meijer Groceries
73,578 visits/mo 0.3 miles
Chick-fil-A Dining
53,399 visits/mo 0.4 miles
Olive Garden Dining
41,810 visits/mo 0.5 miles

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$30.5 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
77,343 SF
Avg Space Size

This space is priced 39% below the average of $30.5 /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

Similar Off Market Nearby

  • No 1 China Buffet — 125 E Reynolds Rd #120, Lexington, KY 40517

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The planned shopping center space has accommodated food-related businesses and sits near Fayette Mall, Target and hotels.
Where is this conventional restaurant located?
The property is located at 192 Lexington Green Circle Lexington, KY.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 1,860‑square‑foot restaurant space; Previously occupied by an ice cream shop and a hot dog restaurant; Near Fayette Mall, Target and hotels
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