Office-Retail Building on Southland
For Lease
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278 Southland Drive, Lexington, KY 40503
Multi-use office/retail building available for lease along Southland Drive with frontage on approximately 14,404 VPD.
Space Size1,100 SF
Property Size9,080 SF
Days on Market255
Property Features for 278 Southland Drive
General Information
Standard status
Active
Size
1,100 SF
Class
B
Property subtype
Multi Tenant Office
Lease Type
NNN
Site & Location
Neighborhood
Deerfield Comm Assoc Inc
Traffic Count
14,404 vehicles/day
Building Details
Building Size
9,080 SF
Spaces For Lease
at 278 Southland Drive
Suite 130
Size
1,100 SF
Lease Type
NNN
Listing Agency:
NAI Isaac
Listed By:
Jamie Adams, SIOR, CCIM · License ##216464
(859) 224-2000
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 26
Last Checked: Oct 30 at 10:35AM
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 NAI Isaac
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Investment Insights
Based on property information with market context.
Located at 278 Southland Drive, this approximately 9,080 SF office/retail building offers leasing opportunities in a mixed-use configuration. The property is positioned for both office and retail users along a prominent corridor.
Southland Drive is reported at approximately 14,404 VPD in front of the site, supported by recent pedestrian-oriented improvements including new bike lanes, sidewalk reconstruction, and an improved streetscape. The area hosts recurring events such as the Lexington Farmer’s Market, Southland Street Fair, and Southland Jamboree, and features an eclectic mix of restaurants and shops.
The building is described as convenient to south Lexington, with access to New Circle Road and the University of Kentucky.
Southland Drive is reported at approximately 14,404 VPD in front of the site, supported by recent pedestrian-oriented improvements including new bike lanes, sidewalk reconstruction, and an improved streetscape. The area hosts recurring events such as the Lexington Farmer’s Market, Southland Street Fair, and Southland Jamboree, and features an eclectic mix of restaurants and shops.
The building is described as convenient to south Lexington, with access to New Circle Road and the University of Kentucky.
Key Highlights
- +/-9,080 SF office/retail building available for lease on Southland Drive
- +/-14,404 VPD traffic count on Southland Drive in front of the site
- Rental rate: $12.00 PSF NNN; NNN estimated at $3.36 PSF
Property Analytics
Who owns this building?
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Current Use
Lease Details
14,404 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,058
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Lexington, KY
$24.18 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
15,584 SF
Avg Space Size
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Multi-use office/retail building available for lease along Southland Drive with frontage on approximately 14,404 VPD.
Where is this office unit located?
The property is located at 278 Southland Drive Lexington, KY.
What are key features of this property?
This property features: +/-9,080 SF office/retail building available for lease on Southland Drive; +/-14,404 VPD traffic count on Southland Drive in front of the site; Rental rate: $12.00 PSF NNN; NNN estimated at $3.36 PSF
