Space Available For Lease 1

Suite 107

Space Type Retail
Lease Rate $20.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 1,740 SF
Divisible Space 1,740 - 1,740 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

2nd generation restaurant

Paul Ray Smith Jr.

NAI Isaac

Contacts

Paul Ray Smith Jr.

NAI Isaac

Property Details

Property Type Retail
Property Size 22,171 SF
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Dec 13, 2024

This site is located on South Broadway Avenue, carrying +/-37,680 ('23) vehicles per day. Simpson Center is 1½ miles from downtown Lexington, ½ mile from the University of Kentucky and The Red Mile. The University of Kentucky has over 30,720 students and over 12,500 employees. Presently, +71,655 employees are working within one mile of the property. The Red Mile is the second oldest harness track in the world. For over 130 years, harness racing’s elite have converged on The Red Mile to stage some of the greatest equine battles in history. In addition to each year's showcase horse racing, The Red Mile (home to the new Racino, a $42M renovation), in partnership with Keeneland, simulcasts 364 days a year. Presently, +/-10,500 employees are working in Lexington’s Central Business District. Additionally, four major medical centers attracting over 6,500 patient visits per day and with over 8,350 employees are within a 1½ mile distance. The center is also very convenient to all of the new office campus student housing projects. These factors provide a strong business base from the working and student populations.NAI Isaac is pleased to present leasing opportunities at Simpson Center, a +/-22,171 SF retail center, conveniently located near University of Kentucky, student housing complexes, Saint Joseph Hospital, Lexington Clinic and downtown Lexington. Join First Watch, Buffalo Wild Wings, Penn Station Subs, and more. Average daily traffic count of +/-37,680 ('23) vehicles per day pass in front of the center.

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Highlights

+/-22,171 SF retail center adjacent to South Broadway Marketplace
Suite 107: +/-1,740 SF second generation restaurant endcap; Available 1/1/25
Conveniently located near the main University of Kentucky campus, several major student housing complexes, Saint Joseph Hospital and Lexington Clinic main campus
Approximately 1.5 miles from downtown Lexington
Multiple access points
Join First Watch, Buffalo Wild Wings, Penn Station Subs, and more
+/-37,680 ('23) vehicles per day pass in front of the center
Strong demographic area with population over 108,000 within a 3 mile radius
Zoned B-1, Neighborhood Business
Rental Rate: $20.00 - $21.00 PSF
NNN estimated at $4.63 PSF

Getting around

76/100
Walk Score ®
67/100
Transit Score ®
85/100
Bike Score ®

Powered by Walk Score ®

City Lexington, KY
Neighborhood North Elizabeth
Zip Code 40503
Market Lexington

Points of Interest

Thorntons

0.13 miles
Shell

0.19 miles
Speedway

0.40 miles
Gulf

0.40 miles
Marathon

1.21 miles
Tesla Supercharger

5.40 miles
ChargePoint

6.05 miles

Parking lot for Royal Lexington

0.26 miles
Parking Structure #6

0.32 miles
The Lex parking

0.36 miles
Newtown Crossing Additional Parking

0.48 miles
C Lot

0.50 miles
Metered Parking

0.53 miles
Parking Structure #8

0.53 miles
Kentucky One Health Parking

0.55 miles
Parking Structure #3

0.58 miles

Blue Reef Sushi

0.01 miles
Sir Pizza

0.03 miles
First Watch

0.03 miles
Bourbon n' Toulouse

0.04 miles
Buffalo Wild Wings

0.04 miles
Penn Station

0.05 miles
Oshimi Sushi

0.05 miles
Jalapeno's Mexican Restaurant

0.06 miles
Thai Orchid Cafe

0.06 miles
Sonic

0.08 miles

Lucky

0.07 miles
Wildcat Pantry

0.92 miles
FoodLand

1.02 miles
Good Foods Co-op

1.28 miles
Big Lots

1.37 miles
Kroger

1.38 miles
Wine + Market

1.46 miles
Save-A-Lot

1.85 miles
Mercado Aguascalientes

2.04 miles
TJ Maxx

2.20 miles

1080 South Broadway Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

1080 South Broadway is located in North Elizabeth, which is home to a total of 2 listing(s). Retail space at Simpson Center asks $20.00/SF/YR per square foot.
The property includes 1,740 square feet of retail space for lease. Of this total, 1,740 square feet are Retail.

Lease agreement conditions for the availability at this property include NNN.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Knowing your ideal customer is essential. For your consideration, the average age of residents in North Elizabeth is 30. The average household income here is $44,500 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.