Standalone Retail
For Lease
$22 SF/Yr
505 Euclid Ave, Lexington, KY 40502
B1-zoned commercial space at University Plaza supports office or retail occupancy with on-site shopping-center parking.
Space Size1,238 SF
Days on Market69
Property Features for 505 Euclid Ave
General Information
Standard status
Active
Size
1,238 SF
Net Rentable
1,238 SF
Property subtype
Office/Retail
Zoning
B1
Lease Term
$22 SF/yr (NNN)
Space & Availability
Available Space
1,238 SF
Contiguous Space
1,238 SF
Space Use
Office
Sublease
No
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Great Bagel, WingStop, Two Fisted Willie's, Salooniversity, Big Daddy Liquor, Wildcuts Barber Shop, Alchemy Piercing, Subway
Building Details
Building Size
1,238 SF
Year Built
1949
Tenancy
Multi
Spaces For Lease
at 505 Euclid Ave Contact us- Size
- 1,238 SF
- Term
- Negotiable
505 Euclid Avenue $22/SF/Yr
Listing Agency:
White Oak Commercial Real Estate, LLC
(502) 724-5924
Listed By:
Connor Hobbs · License #269283
(502) 724-5924
Source:
Whiteoakcre
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 4:07PM
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 White Oak Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
Available for lease, this 1,238 SF standalone building provides a compact commercial layout suited to office or retail use. The property is zoned B1 and was originally built in 1949. It is positioned within University Plaza, offering access to the center’s parking lot and the visibility associated with its Euclid Avenue setting.
The building sits at the intersection of Woodland Avenue and Euclid Avenue, near the University of Kentucky campus and student housing. University Plaza has recently undergone renovation and includes Great Bagel, WingStop, Two Fisted Willie's, Salooniversity, Big Daddy Liquor, Wildcuts Barber Shop, Alchemy Piercing, and Subway. The surrounding tenant mix adds established retail, food service, personal service, and entertainment uses to the center.
The building sits at the intersection of Woodland Avenue and Euclid Avenue, near the University of Kentucky campus and student housing. University Plaza has recently undergone renovation and includes Great Bagel, WingStop, Two Fisted Willie's, Salooniversity, Big Daddy Liquor, Wildcuts Barber Shop, Alchemy Piercing, and Subway. The surrounding tenant mix adds established retail, food service, personal service, and entertainment uses to the center.
Key Highlights
- 1,238 SF standalone building available for lease
- B1 zoning supports the stated office or retail use
- Located within University Plaza at Woodland Avenue and Euclid Avenue
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,048
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Lexington, KY
$34.92 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
41,911 SF
Avg Space Size
This space is priced 37% below the average of $34.92 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - B1-zoned commercial space at University Plaza supports office or retail occupancy with on-site shopping-center parking.
Where is this retail space located?
The property is located at 505 Euclid Ave Lexington, KY.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 1,238 SF standalone building available for lease; B1 zoning supports the stated office or retail use; Located within University Plaza at Woodland Avenue and Euclid Avenue
