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Property profile

125 Turner Cmns Lexington, KY 40508

OFF-MARKET
Retail properties & Spaces
30,000 SF 40 ac lot Built 2023
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Property summary

AI-generated overview

The Commons, a vibrant 40-acre mixed-use development in Lexington, offers exceptional Class A office and retail spaces. This 30,000 square foot, two-story building, constructed in 2023, boasts flexible layouts ranging from 1,500 to 30,000 contiguous square feet, perfect for a variety of businesses. The property features multiple tenancies and is conveniently located off Main Street, providing easy access to major thoroughfares including I-75 and I-64, as well as Downtown Lexington and the Bluegrass Field Airport. The development's strategic location ensures seamless connectivity to the city center and surrounding areas. The site includes a PUD-3 zoning designation across 27 acres, allowing for diverse uses. Amenities include elevators. The property's design blends convenience and connectivity within a park-like setting, making it an ideal location for businesses seeking a premier address. The surrounding area includes an entertainment district with a mid-sized music/event venue. The development also offers short-term luxury rental accommodations. The property's APN is 20130900.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 30,000 SF
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

125 Turner Cmns Lexington, KY 40508
Lexington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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