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Warehouse Block Free Standing Restaurant

701 National Ave Lexington, KY 40502

701 National Ave, Lexington, KY, 40502
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FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Sep 05, 2024

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Highlights

  • Freestanding restaurant space with equipment in the Warehouse Block
  • Surrounded by popular local businesses, enhancing synergy and customer draw
  • Convenient block-wide shared parking for patrons
  • Close to well-established neighborhoods like Kenwick, Chevy Chase, and Ashland
  • Located in the 40502, one of Lexington's most sought after zip codes
  • Not included in listed square footage is additional rooftop and patio seating

Description

Located as the corner piece of Lexington’s "Warehouse Block", 701 National Avenue is a freestanding restaurant space with outdoor patio and rooftop seating surrounded by a mix of popular businesses, including Mirror Twin Brewing, Eppings on Eastside, Breakout Games, La Petite Delicat, Sav’s Chill, Blue Door Smokehouse and more. The block's walkability and thriving local scene make it a Lexington destination for residents and visitors alike.

This building is positioned in the highly desirable 40502 zip code, next to some of Lexington’s most sought-after neighborhoods, including Kenwick, Chevy Chase, and Ashland. The property benefits from high foot traffic and shared parking that ensures easy access for customers, making it an ideal spot for restaurant operators looking to benefit from the synergy in the area.

For more information please contact Weston Lockhart at weston.lockhart@svn.com // 859.317.3538 or Nathan Dilly at nathan.dilly@svn.com // 859.420.5492

National Avenue aka "The Warehouse Block" is a revitalized retail hotspot in the heart of Lexington. Located between Winchester Road, Richmond Road, and Downtown Lexington... while also being walking distance to the neighborhoods of Kenwick. Mentelle Park, and Ashland... this street has no shortage of accessibility to Lexington consumers. The subject property is located on the corner of Walton Avenue and Winchester Road, benefitting from amazing visiblity yet great walkability.

Building Size: 2303sq ft
Lot Size: 0 acres


Documents

Brochure - 701 National Avenue

Units for Lease

701 National Ave
Space Available: 2303 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $5000.00

Map of 701 National Ave, Lexington, KY, 40502

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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:

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  • 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.