- For Lease Contact for pricing
- Property Type Retail - Freestanding
- Property Size 3,258 SF
- Lot Size 0.28 Acre
- Year Built 2005
- Year Renovated 2024
- Date Updated Jun 9, 2026
Description
Strategically positioned as a corner outparcel to Newtown Crossing, a ±340-unit student housing with roughly 900 students, the property enjoys a built-in customer base. Additionally, it is within walking distance to University of Kentucky and Downtown Lexington, placing it in a highly active and densely populated trade area with strong daytime and evening traffic.NAI Isaac is pleased to present a great restaurant leasing opportunity near University of Kentucky and downtown Lexington.
Highlights
- +/- 44 on-site parking spaces available
- ±3,258 SF freestanding, second-generation restaurant opportunity (former Tolly Ho)
- Just off South Broadway, benefiting from strong visibility and traffic counts of +/-26,047 VPD
- Newtown Crossing is the anchor to one of the most dense student housing clusters in Lexington with ±356-units and 942 residents
- Recently renovated, the space is well-positioned for another restaurant user, featuring an existing pick-up window and a rear exterior patio area—ideal for dine-in, takeout, or hybrid service models
- The corridor along South Broadway, Upper Street and Red Mile Road is heavily dominated with up to 3,000 beds within a short walk of the site
- Within walking distance to the University of Kentucky and Downtown Lexington, placing it in a highly active and densely populated trade area with strong daytime and evening traffic
True
1 Space Available
Building
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
3,258 SF
Divisible Space
3,258 - 3,258 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Second Generation Restaurant
Contacts
Zach Smith
NAI Isaac
Location
Located at 350 Foreman Ave, Lexington, KY 40508, this property is part of the Royal Lexington neighborhood and Lexington market.
Contact Listing Broker
Zach Smith
NAI Isaac
