Reimagined Retail in Downtown Lexington

Highlights

• Reimagined high end retail or office FOR LEASE
• $2,600 - $6,000/month Modified Gross
• ~4,200 SF of space available (can be divided)
• Kitchen infrastructure in place, including multiple walk-in coolers
• Existing elevator, sprinkler system, and dumbwaiter
• Professional office space hours are weekdays ending at 4:30pm freeing up additional on-site parking
• ~26,000 VPD on South Broadway
• Rent abatement available for qualified tenants

Description

SVN Stone Commercial is pleased to present a SLAM DUNK retail leasing opportunity in the heart of Downtown Lexington, KY. 319 Cedar Street is located just steps away from Rupp Arena and the University of Kentucky campus. The property has been reimagined and restructured to maximize the potential for the property and its tenants. This exceptional Class A brick building boasts top of the line finishes and brilliant curb appeal. The new ownership has transformed this building into a mixed-use property. The top floor has been crafted into a luxuriously designed short term rental, while the middle floor has been fit up for high end professional office space. The remaining ~4,200 SF is comprised of first floor retail/restaurant space and a kitchen in the basement of the building. Patio space is also potentially available for a suitable use. The first floor can be leased separately from the kitchen. See agent for details.

This signalized corner of South Broadway and Cedar Street benefits from ~26,000 vehicles passing by each day, and a steady flow of foot traffic. Additional parking is available at a neighboring property after 6pm to meet the needs of a restaurant or bar use. Professional office space hours are weekdays ending at 4:30pm freeing up additional on-site parking. The lease structure is modified gross with the tenant paying a percentage of utilities, maintenance, and common area expenses.

Minimum lease term of 3 years. Receive 1 month free with a 3-year lease or 3 months free with a 5-year lease.
For more information please contact Harrison Lane at harrison.lane@svn.com // 859.436.2835.

Downtown Lexington is the heart of the city which in turn is the center of Kentucky’s famous Bluegrass region. The Bluegrass has been rated as one of America's premier regions 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. 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.

Documents

Units for Lease