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The Villages at Great Acres 112 Lucille Dr 3,200 SF of Retail Space Available in Lexington, KY 40511
SUBLEASE HIGHLIGHTS
- Located at the main entrance to The Villages at Great Acres development surrounded by 127 new townhomes and 366 new apartments with green space.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 150 | 3,200 SF | Mar 2034 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 150
Positioned at the gateway to The Villages at Great Acres, Suite 150 offers a rare opportunity to sublease a fully built-out ±3,200 SF second-generation restaurant space in one of Lexington’s most active mixed-use corridors. This endcap unit features a full kitchen layout with prep areas, walk-in cooler, dish station, barista counter, and seating for 78 indoors plus patio. The existing lease runs through March 1, 2034, offering long-term stability for incoming tenants.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Join Ramsey's Diner and Osaka in existing multi-te
- +/-3,200 SF second generation restaurant space
- Endcap location with outside patio area
- Existing lease expires 3/1/2034
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE VILLAGES AT GREAT ACRES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Biscuit Belly
- Restaurant
- 15
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Biscuit Belly | Restaurant | 15 | Regional |
PROPERTY FACTS
| Total Space Available | 3,200 SF | Year Built | 2023 |
| Property Type | Retail | Parking Ratio | 4.34/1,000 SF |
| Gross Leasable Area | 9,000 SF | Cross Streets | Leestown Rd |
| Total Space Available | 3,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,000 SF |
| Year Built | 2023 |
| Parking Ratio | 4.34/1,000 SF |
| Cross Streets | Leestown Rd |
ABOUT THE PROPERTY
The property is surrounded by a vibrant residential community, including 127 newly developed townhomes and 366 apartments, with direct connectivity to the Masterson Station neighborhood and the Legacy Trail leading to downtown Lexington. The area benefits from strong daily traffic counts along Leestown Road (+11,694 VPD) and proximity to major employers such as Amazon, FedEx, and Lexmark.
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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The Villages at Great Acres | 112 Lucille Dr
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