Street Level Office/Retail Opportunity

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30617659
Property Subtypes: Mixed Use, Street Retail
Contiguous Space: 1,723 SF
Gross Building Area: See Agent
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $2,153
Lease Types: Modified Gross
In Opportunity Zone? Yes
Building Name: Arlington Lofts
Last Updated: 4/2/2021

Overview / Comments

Arlington Lofts is a mixed-use multi-family development with 81 units on the second and third level, and high-visibility office and retail space on the first level. The property was built in 2020 and features 21 parking spaces. We are seeking service-oriented retail/office tenants to serve the already built-in clientele with 81 potential customers right above in the apartments, and many more in the surrounding residences! This would be a great location for start-up companies and new businesses such as salons, fitness/wellness, banking, credit exchange, dry cleaning, sandwich or dessert shop, phone repair, hardware store, convenience store, home goods, etc.

The retail space has a total of 1,723 SF and can be divided as small as 564 SF. The retail suites can be leased together or separately. The lease rate includes the build out of a demising wall(s), a restroom, and heating/air.

Expand All Available Space

Suite: 200 1,723 SF $15 PSF (Annual) Modified Gross
Space Available: 1,723 SF
Lease Rate: $15 PSF (Annual)
$2,153 (Monthly)
Lease Type: Modified Gross
Space Description: The retail space has a total of 1,723 SF. The lease rate includes the build out of a demising wall(s), a restroom, and heating/air.
Space Subcategory: Mixed Use
Date Available: 6/4/2020
Space Type: New

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10963200
Zoning: MU-2
Property Visibility: Excellent
Area Description: The property is located on the Northside of Downtown Lexington in the No-Li District. The property is located 0.6 miles from New Circle Road and 0.3 miles from the Night Market. The No-Li Night Market is a pop-up open air market held annually the first Friday of the month from May-December.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 2020
Total Parking Spaces: 21
Parking Type: Surface
Zoning Description: Neighborhood Corridor

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,507 104,325 205,079
Median Age: 37.56 33.94 35.55
Households: 7,075 43,598 86,067

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