Retail Space Along Active
For Lease
$18 SF/Yr
365 Southland Drive, Lexington, KY 40503
B-1-zoned retail space with multiple suite sizes along Southland Drive near established national and local retailers.
Space Size1,841 SF
Property Size5,400 SF
Days on Market79
Property Features for 365 Southland Drive
General Information
Standard status
Active
Size
1,841 SF
Property subtype
Retail - Strip
Building Details
Building Size
5,400 SF
Year Built
1957
Spaces For Lease
at 365 Southland Drive Contact us- Size
- 1,841 SF
- Type
- Strip
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
365 Southland Drive $18/SF/Yr
Listing Agency:
SVN | Stone Commercial Real Estate
Listed By:
Caleb Cleveland · License #299567
Source:
Commercialcafe
Added: Jul 10
Changed: Sep 17
Last Checked: Sep 26 at 3:56AM
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.
Retail space at 365 / 367 Southland Drive offers 1,212 to 3,053 SF for lease within a B-1 zoning designation. The property is positioned along Southland Drive, with access to a tenant mix that includes Dollar General, Firestone, Winchell’s, Marikka’s Restaurant and Bier Stube, and Good Foods Co-op.
Southland Drive records 10,214+ VPD, while nearby Nicholasville Rd carries 36,000+ VPD. Downtown Lexington is 2.8 miles away, the University of Kentucky is 1.8 miles away, and Central Baptist is 0.7 miles away. The corridor also features 6’ sidewalks, more than 120 new trees, a gardenscape, and a mural near the railroad overpass, supporting pedestrian and bicycle access.
Southland Drive records 10,214+ VPD, while nearby Nicholasville Rd carries 36,000+ VPD. Downtown Lexington is 2.8 miles away, the University of Kentucky is 1.8 miles away, and Central Baptist is 0.7 miles away. The corridor also features 6’ sidewalks, more than 120 new trees, a gardenscape, and a mural near the railroad overpass, supporting pedestrian and bicycle access.
Key Highlights
- 1,212 to 3,053 SF of retail space available
- 10,214+ VPD on Southland Drive
- 36,000+ VPD on nearby Nicholasville Rd
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
902
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Winchell's Donut House
Dining
14,423 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,773 visits/mo
0.2 miles
Dollar General
Shops & Services
8,486 visits/mo
0.3 miles
BP
Shops & Services
4,639 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
1,557 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$33.29 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
41,618 SF
Avg Space Size
This space is priced 46% below the average of $33.29 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - B-1-zoned retail space with multiple suite sizes along Southland Drive near established national and local retailers.
Where is this retail space located?
The property is located at 365 Southland Drive Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,212 to 3,053 SF of retail space available; 10,214+ VPD on Southland Drive; 36,000+ VPD on nearby Nicholasville Rd
