Simpson Center

For Lease

1080 South Broadway, Lexington, KY 40503

You can currently find 1 retail space(s) available for lease at Simpson Center. Designated use type for space listed here includes retail. Current retail listings at this property total 1,740 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Simpson Center.

Space Available For Lease 1

Contacts

broker

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 Nov 14, 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

Attachments

Getting around

  • 76/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 85/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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.

Contact Listing Broker

broker

Paul Ray Smith Jr.

NAI Isaac

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  2. 2Extra information