Retail Space With Exposed
New
For Lease
$18 SF/Yr
309 N Ashland Ave, Lexington, KY 40502
Compact storefront space with polished concrete, designer lighting, and convenient access to established mixed-use destinations.
Space Size1,000 SF
Property Size14,850 SF
Days on Market6
Property Features for 309 N Ashland Ave
General Information
Standard status
Active
Size
1,000 SF
Net Rentable
1,000 SF
Property subtype
Retail - Street Retail
Space & Availability
Available Space
1,000 SF
Contiguous Space
1,000 SF
Space Use
Retail
Amenities
tall ceilings
exposed beams
polished concrete floors
designer lighting
Building Details
Building Size
14,850 SF
Year Built
1957
Units
29
Spaces For Lease
at 309 N Ashland Ave Contact us- Size
- 1,000 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
150 $18/SF/Yr
Listing Agency:
SVN | Stone Commercial Real Estate
Listed By:
Weston Lockhart · License #245654
(859) 264-0888
Source:
Commercialcafe
Added: Sep 6
Changed: Sep 8
Last Checked: Sep 11 at 5:32AM
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 SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1,000-square-foot retail space occupies a 1957 building at 309 N Ashland Avenue. Interior character includes tall ceilings, exposed beams, polished concrete flooring, and designer lighting, creating a distinctive setting for a customer-facing operation. The property is positioned within the Warehouse Block, a mixed-use area characterized by converted industrial and warehouse buildings.
North Ashland Avenue connects with the Winchester Road corridor at National Avenue, providing access to nearby retail, food-and-beverage, service, and design businesses. Winchester Road records 23,800 VPD, while parking is available at the property. The University of Kentucky campus is approximately one mile away and is associated with about 30,000 undergraduate students and faculty. Rupp Arena and the J.M. Smucker Co. are also identified as nearby activity anchors.
North Ashland Avenue connects with the Winchester Road corridor at National Avenue, providing access to nearby retail, food-and-beverage, service, and design businesses. Winchester Road records 23,800 VPD, while parking is available at the property. The University of Kentucky campus is approximately one mile away and is associated with about 30,000 undergraduate students and faculty. Rupp Arena and the J.M. Smucker Co. are also identified as nearby activity anchors.
Key Highlights
- 1,000 SF retail space at 309 N Ashland Avenue
- Tall ceilings with exposed beams and polished concrete floors
- Designer lighting contributes to the distinctive interior finish
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,020
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 41%
Home Improvements & Furnishings 3%
McDonald's
Dining
19,329 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
6,836 visits/mo
0.5 miles
Speedway
Shops & Services
6,590 visits/mo
0.4 miles
Marathon
Shops & Services
5,561 visits/mo
0.4 miles
7-Eleven
Shops & Services
5,002 visits/mo
0.4 miles
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$34.74 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,063 SF
Avg Space Size
This space is priced 48% below the average of $34.74 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Compact storefront space with polished concrete, designer lighting, and convenient access to established mixed-use destinations.
Where is this retail space located?
The property is located at 309 N Ashland Ave Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,000 SF retail space at 309 N Ashland Avenue; Tall ceilings with exposed beams and polished concrete floors; Designer lighting contributes to the distinctive interior finish
