The Square

401 West Main Street Lexington, KY 40507

401 West Main Street, Lexington, KY, 40507
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 09, 2024

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Highlights

  • Vibrant mixed-use 140,000 SF complex that includes Tony's of Lexington, Pies and Pints, Vinaigrette, Agave & Rye and Urban Outfitters
  • Located in the heart of downtown Lexington spanning the entire block of Main Street, Broadway and Short Street
  • Convenient access to numerous parking options including pedway access to a parking garage
  • Variety of suite sizes available on each floor
  • Amazing views of Triangle Park and Central Bank Center/Rupp Arena
  • Just down Main Street from the new Town Branch Park development that is under construction. Town Branch Park will be a place where patrons of the arts can join recreational enthusiasts and dog owners, nature lovers, active families and foodies can comfortably co-exist (https://www.townbranchpark.org/)
  • Competitive lease rates and terms

Description

NAI Isaac is pleased to present The Square, a 140,000 SF office/retail complex located in the heart of downtown Lexington. Easily accessible from I-75 and I-64, The Square is located at the intersection of Main Street and Broadway (US 68) in the heart of downtown Lexington.

The Square has been at the heart of downtown Lexington since the 1880’s. The block of sixteen buildings has housed, among other things, saloons, hotels, restaurants and an opera house. In 1985 a modern renovation brought them all together under one roof, creating an airy and accessible space that is best observed from the central courtyard. The original decorative metal ceilings, ironwork and exterior balconies have been preserved wherever possible. The result is a perfect blend of historical architecture and modern comfort that is listed on the National Register of Historic Buildings. Today, The Square offers visitors an exciting and original mix of shopping, galleries, restaurants, bars, and even a theater and museum for the kids.

Building Size: 140000sq ft
Building Class: B
Lot Size: 1.68 acres


Documents

The Square - Office/Retail
The Square Flyer
The Square - Suite 103
The Square - Suite 104
The Square - Suite 204
The Square - Suite 303
The Square - Suite 307
The Square - Suite 312
The Square - Suite 321

Units for Lease

Suite 103
Space Available: 2997 SF
Lease Type: Modified Gross
Suite 104
Space Available: 1905 SF
Lease Type: Modified Gross
Suite 204
Space Available: 2010 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $18.75
Suite 303
Space Available: 3539 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $18.00
Suite 307
Space Available: 702 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $18.75
Suite 312
Space Available: 1627 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $18.00
Suite 321
Space Available: 1301 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $19.00
4th Floor
Space Available: 11253 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $14.50

Map of 401 West Main Street, Lexington, KY, 40507

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.