Lexington Retail Space
For Lease
$18 SF/Yr
395 Elaine Drive, Lexington, KY 40504
COMMERCIAL - Lexington, KY
Space SizeContact for details
Property Size2,836 SF
Lot Size0.49 Acres
Days on Market70
Property Features for 395 Elaine Drive
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
B-1 Neighborhood Business
Subdivision
Commercial
Directions
Turn onto Elaine Dr from S Broadway. On the left behind Dunkin'.
Standard status
Active
APN
38239370
Size
2,836 SF
Lot size
0.49 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2010
Floors in Building
1
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Christa Collins · License #239962
(859) 321-3552
Added: May 29
Changed: Aug 4
Last Checked: Aug 6 at 7:06PM
MLS# 26012235
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 commercial property, located in Lexington, Kentucky, offers 2,836 square feet of retail space for rent. The property is situated on a 0.486-acre lot in Fayette County.
Key Highlights
- Built in 2010 (relatively new construction)
- Central Air conditioning ensures comfort
- Forced Air heating
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
150k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 14%
Hotels & Casinos 8%
Electronics 1%
SONIC Drive In
Dining
23,684 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
19,728 visits/mo
0.3 miles
Dunkin' Donuts
Dining
14,282 visits/mo
0.1 miles
Wendy's
Dining
13,535 visits/mo
0.3 miles
First Watch
Dining
9,287 visits/mo
0.3 miles
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$27.02 /SF/Yr
Avg Asking Price
$9–$45 /SF/Yr
Price Range
23,340 SF
Avg Space Size
This space is priced 33% below the average of $27.02 /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 - Retail space for lease in Lexington, Kentucky.
Where is this retail space located?
The property is located at 395 Elaine 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: Built in 2010 (relatively new construction); Central Air conditioning ensures comfort; Forced Air heating
