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120 Turner Cmns Wy 1,701 - 15,862 SF of Retail Space Available in Lexington, KY 40508

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SPACE AVAILABILITY (6)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste A1
  • 3,436 SF
  • 10’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $206,244 CAD/YR $17,187 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Situated on the first floor, part of the retail leasing section. Positioned near common areas for visibility and accessibility. Flexible floor plan with high ceilings and modern architectural features.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Finished Ceilings: 10’
  • 1st Floor, Ste B1
  • 3,115 SF
  • 11’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $186,977 CAD/YR $15,581 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned on the first and second floors, these two contiguous suites offer a prime opportunity for a hospitality-focused tenant looking to establish a unique presence in The Commons. With high visibility, proximity to the entertainment district, and adjacency to short-term luxury rentals, these spaces are ideally suited for a restaurant, upscale lounge, experiential dining concept, or boutique hospitality venture. Can be combined with Suite B2 for a total of 6,318 contiguous SF. Key Features: -Opportunity for a two-story hospitality concept, allowing for multiple dining experiences, a bar/lounge, or a private event space. -Direct access to The Commons’ entertainment hub, ensuring steady foot traffic. -Adjacent to short-term luxury rentals, making it a perfect destination for guests and visitors. -Customizable floor plans to accommodate a unique restaurant, cocktail bar, or boutique hospitality brand

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 11’
  • 1st Floor, Ste C1
  • 2,434 SF
  • 10’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $146,100 CAD/YR $12,175 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Located on the first floor, within the main commercial section, allowing for easy access to retail visitors. Open floor plan with high ceilings, suitable for a range of retail service-oriented businesses.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 10’
  • 1st Floor, Ste C2
  • 1,701 SF
  • 10’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $102,102 CAD/YR $8,508 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned centrally on the first floor, creating an optimal spot for retail exposure. Flexible layout with a 10' ceiling height, making it adaptable for different business types.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 10’
  • 2nd Floor, Ste A2
  • 1,973 SF
  • 14’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $118,428 CAD/YR $9,869 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned on the second floor, offering a unique leasing opportunity with a private patio. Close proximity to short-term luxury rentals, making it ideal for hospitality-related businesses.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 14’
  • 2nd Floor, Ste B2
  • 3,203 SF
  • 14’
  • Negotiable
  • $60.02 CAD/SF/YR $5.00 CAD/SF/MO $192,259 CAD/YR $16,022 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
2026-04-01

Positioned on the first and second floors, these two contiguous suites offer a prime opportunity for a hospitality-focused tenant looking to establish a unique presence in The Commons. With high visibility, proximity to the entertainment district, and adjacency to short-term luxury rentals, these spaces are ideally suited for a restaurant, upscale lounge, experiential dining concept, or boutique hospitality venture. Can be combined with Suite B1 for a total of 6,318 contiguous SF. Key Features: -Opportunity for a two-story hospitality concept, allowing for multiple dining experiences, a bar/lounge, or a private event space. -Direct access to The Commons’ entertainment hub, ensuring steady foot traffic. -Adjacent to short-term luxury rentals, making it a perfect destination for guests and visitors. -Customizable floor plans to accommodate a unique restaurant, cocktail bar, or boutique hospitality brand

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • Finished Ceilings: 14’
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste A1 3,436 SF 10’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $206,244 CAD/YR $17,187 CAD/MO Triple Net (NNN)
1st Floor, Ste B1 3,115 SF 11’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $186,977 CAD/YR $15,581 CAD/MO Triple Net (NNN)
1st Floor, Ste C1 2,434 SF 10’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $146,100 CAD/YR $12,175 CAD/MO Triple Net (NNN)
1st Floor, Ste C2 1,701 SF 10’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $102,102 CAD/YR $8,508 CAD/MO Triple Net (NNN)
2nd Floor, Ste A2 1,973 SF 14’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $118,428 CAD/YR $9,869 CAD/MO Triple Net (NNN)
2nd Floor, Ste B2 3,203 SF 14’ Negotiable $60.02 CAD/SF/YR $5.00 CAD/SF/MO $192,259 CAD/YR $16,022 CAD/MO Triple Net (NNN)

1st Floor, Ste A1

Size
3,436 SF
Ceiling
10’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $206,244 CAD/YR $17,187 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Situated on the first floor, part of the retail leasing section. Positioned near common areas for visibility and accessibility. Flexible floor plan with high ceilings and modern architectural features.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Finished Ceilings: 10’

1st Floor, Ste B1

Size
3,115 SF
Ceiling
11’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $186,977 CAD/YR $15,581 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned on the first and second floors, these two contiguous suites offer a prime opportunity for a hospitality-focused tenant looking to establish a unique presence in The Commons. With high visibility, proximity to the entertainment district, and adjacency to short-term luxury rentals, these spaces are ideally suited for a restaurant, upscale lounge, experiential dining concept, or boutique hospitality venture. Can be combined with Suite B2 for a total of 6,318 contiguous SF. Key Features: -Opportunity for a two-story hospitality concept, allowing for multiple dining experiences, a bar/lounge, or a private event space. -Direct access to The Commons’ entertainment hub, ensuring steady foot traffic. -Adjacent to short-term luxury rentals, making it a perfect destination for guests and visitors. -Customizable floor plans to accommodate a unique restaurant, cocktail bar, or boutique hospitality brand

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 11’

1st Floor, Ste C1

Size
2,434 SF
Ceiling
10’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $146,100 CAD/YR $12,175 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Located on the first floor, within the main commercial section, allowing for easy access to retail visitors. Open floor plan with high ceilings, suitable for a range of retail service-oriented businesses.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 10’

1st Floor, Ste C2

Size
1,701 SF
Ceiling
10’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $102,102 CAD/YR $8,508 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned centrally on the first floor, creating an optimal spot for retail exposure. Flexible layout with a 10' ceiling height, making it adaptable for different business types.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 10’

2nd Floor, Ste A2

Size
1,973 SF
Ceiling
14’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $118,428 CAD/YR $9,869 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
2026-04-01

Positioned on the second floor, offering a unique leasing opportunity with a private patio. Close proximity to short-term luxury rentals, making it ideal for hospitality-related businesses.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 14’

2nd Floor, Ste B2

Size
3,203 SF
Ceiling
14’
Term
Negotiable
Rental Rate
$60.02 CAD/SF/YR $5.00 CAD/SF/MO $192,259 CAD/YR $16,022 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
2026-04-01

Positioned on the first and second floors, these two contiguous suites offer a prime opportunity for a hospitality-focused tenant looking to establish a unique presence in The Commons. With high visibility, proximity to the entertainment district, and adjacency to short-term luxury rentals, these spaces are ideally suited for a restaurant, upscale lounge, experiential dining concept, or boutique hospitality venture. Can be combined with Suite B1 for a total of 6,318 contiguous SF. Key Features: -Opportunity for a two-story hospitality concept, allowing for multiple dining experiences, a bar/lounge, or a private event space. -Direct access to The Commons’ entertainment hub, ensuring steady foot traffic. -Adjacent to short-term luxury rentals, making it a perfect destination for guests and visitors. -Customizable floor plans to accommodate a unique restaurant, cocktail bar, or boutique hospitality brand

  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • Finished Ceilings: 14’

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.

PROPERTY FACTS

Total Space Available 15,862 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 21,745 SF
Year Built 2026
Construction Status Under Construction

NEARBY MAJOR RETAILERS

Burn Boot Camp
Chase Bank
Fifth Third Bank
Snap Fitness 24/7
Starbucks
Kroger
First Watch
Applebee's
Zaxby's
Waffle House
  • Listing ID: 37523811

  • Date on Market: 2025-01-29

  • Last Updated:

  • Address: 120 Turner Cmns Wy, Lexington, KY 40508

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