Free Standing Restaurant for Lease in Popular Warehouse Block

Retail-Commercial for Lease
Catylist Listing ID: 30613631
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Contiguous Space: 2,300 SF
Gross Building Area: 2,300 SF
Gross Land Area: 0.08 Acres
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $4,791
Lease Types: Modified Gross
Last Updated: 7/16/2020

Overview / Comments

701 National Avenue is a turn key restaurant located at the entrance of the Warehouse Block on the corner of National Avenue and Walton Avenue. The location is also highly visible from Winchester Road. The building is loaded with a combination of historical character and modern industrial finishes including exposed ceilings and polished concrete floors.

The property is perfect for a blend of indoor/outdoor dining with three glass garage doors opening to outdoor seating and an incredible rooftop patio overlooking the Warehouse Block. A fully built-out bar is another amenity of the space. The kitchen is fully equipped and equipment can be negotiated in the lease.

The site offers ample on-site and street parking. The property is highly visible with a significant amount of foot traffic in the area. The pedestrian connectivity between Kenwick and the Warehouse Block makes this property an ideal choice for restaurant users.

Property Highlights:
-Free standing, turn key restaurant
-Located at the entrance to the popular Warehouse Block
-Rooftop patio
-Indoor/outdoor dining with functioning glass garage doors
-On-site and street parking
-Historical building renovated with modern industrial finishes

Expand All Available Space

Suite: 1 2,300 SF $25 PSF (Annual) Modified Gross
Space Available: 2,300 SF
Lease Rate: $25 PSF (Annual)
$4,791 (Monthly)
Lease Type: Modified Gross
Date Available: 6/1/2020
Space Type: Relet
Kitchen Yes

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10831500
Retail Clientele: General, Family, Business, Tourist, Recreation, Convention
Property Located Between: National Avenue and Walton Avenue
Largest Nearby Street: Winchester Road
Area Description: The property is located in the Warehouse Block as part of the prominent National Avenue corridor. Surrounding businesses include Eppings on Eastside, Mirror Twin Brewing, La Petite Delicat, Popcorn Paradise, Decorator Warehouse, Ryan David's Hair Loft, and Market on National. The location offers easy access to New Circle Road and Interstate I-75 via Exit 110.
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,195 119,690 245,474
Median Age: 34.12 34.79 34.97
Households: 10,284 51,995 104,438


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