Lexington, KY Retail Spaces for Lease
Find the best retail space for rent in Lexington, KY among 54 leasing opportunities for your business.
The asking rent average for retail space in Lexington, based on retail spaces listed for lease on CommercialCafe.com, is $19.81 per square foot.
NNN is the most common type of lease for retail buildings in Lexington, with 30 such listing(s) currently on the market. Other lease type options include 7 listing(s) available under Modified Gross lease terms and 5 Full Service lease listing(s).
You can find 93 retail listing(s) throughout Lexington. Given the various ways in which retail tenants might need to use leased space to promote their goods and services, this type of commercial real estate includes several specific varieties. Below, a summary of options of what type of retail spaces you can rent locally.
Strip/convenience retail spaces are made up of a row of stores within the same building, generally with a parking lot nearby. They are popular with tenants looking for medium or small-sized retail spaces. Lexington has 9 strip/convenience retail space listing(s) for lease at this time.
Street retail is typically found in urban and suburban areas that have high foot traffic. It offers great visibility at sometimes more affordable rental rates, as well as flexibility in the layout and design of the space. Currently, you’ll find 5 street retail listing(s) for lease in Lexington.
The market is home to 4 restaurant-type retail space(s) listed for lease.
Community centers offer a wide range of apparel and other goods and are usually configured in a straight line as a strip or laid out in an L or U shape. Tenants might include drug stores, supermarkets, or discount stores. Lexington has 3 community center listing(s) on the market.
The size of various retail spaces is largely determined by their main use type and the needs of the community they are servicing. The most common range for retail spaces in Lexington is 1,000 sqft to 2,500 sqft. Currently, you can find 50 retail listing(s) for lease here in that range.
The second most widely available retail space size options are 2,500 sqft to 5,000 sqft, a range that currently applies to 17 retail listing(s) for lease on the market.
The success of a retail space tenancy can greatly depend on the quality of its location, the accessibility for staff and clients (preferably accessible through various means of transportation and to various groups of people), and its ability to meet the needs of the surrounding community.
In Lexington, Meadows - Loudon is the most popular neighborhood/submarket for retail space leasing opportunities, as it is currently home to 15 retail listing(s).
Woodhill Park, home to 12 retail listing(s) for lease, is the second most popular area for businesses looking to rent commercial space. Asking prices for retail space in Woodhill Park average $10.71 per square foot.
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