Chevy Chase Retail Opportunity

Retail-Commercial for Lease
Catylist Listing ID: 30830952
Property Subtypes: Mixed Use, Street Retail
Contiguous Space: 1,722 - 3,444 SF
Gross Building Area: See Agent
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $6,888
Lease Types: NNN
Last Updated: 1/19/2023

Overview / Comments

We are pleased to bring to market 3,444 SF of retail space available in downtown Lexington. The property is located at 656 East Main Street and offers incredible frontage along a highly trafficked road in downtown Lexington. Additionally, this area benefits greatly from foot traffic and its close proximity to notable Lexington neighborhoods such as South Ashland, Kenwick, Chevy Chase, and others. This first floor retail space is well suited for either 1 or 2 tenants and is easily demised. This property does offer its own parking lot in addition to an abundance of street parking. This is ideally suited for a boutique retail business, small fitness studio, or professional office that benefits from retail frontage.

HIGHLIGHTS
1,722 SF - 3,444 SF First Floor Retail
$24/SF/yr (NNN)
Well Suited for Boutique Retail, Small Office, or other Creative Uses
Phenomenal Location on East Main Street Lexington
24,000+ VPD
Onsite Parking

Expand All Available Space

Suite: 1 3,444 SF $24 PSF (Annual) NNN
Space Available: 3,444 SF
Minimum Divisible: 1,722 SF
Lease Rate: $24 PSF (Annual)
$6,888 (Monthly)
Lease Type: NNN
Date Available: 2/1/2023
Space Type: Relet

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 15556550
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Area Description: Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2023

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,067 128,871 262,972
Median Age: 31.27 34.91 35
Households: 9,394 56,567 111,530
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