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3605 Walden Dr 10,887 SF of Retail Space Available in Lexington, KY 40517
Highlights
- High traffic, signalized intersection
- Strong office and daytime population
- B1 zoning accommodates retail, restaurant, medical, office and more.
- Adjacent to banks, restaurants and neighborhood retailers
- High 3-mile population of 105,000+
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,887 SF | Negotiable | $29.89 CAD/SF/YR $2.49 CAD/SF/MO $325,421 CAD/YR $27,118 CAD/MO | Triple Net (NNN) |
1st Floor
White Oak is pleased to present 3605 Walden Drive FOR LEASE. The B1 zoned property is a 10,887 SF, single-story retail building situated on a 0.83-acre (36,155 SF) lot in the heart of southeast Lexington. Built in 1996, the building features masonry construction and is currently configured as a single-tenant retail drug store, formerly occupied by CVS Pharmacy. The property benefits from 190 feet of frontage along Walden Drive with two curb cuts, providing excellent ingress and egress for customers, including 22 parking spaces.
- Lease rate does not include utilities, property expenses or building services
- High traffic, signalized intersection
- Adjacent to banks, restaurants and neighborhood re
- Strong office and daytime population
- High 3-mile population of 105,000+
- B1 zoning accommodates retail, restaurant, medical
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 3605 Walden Dr, Lexington, KY 40517
- Tenant
- Description
- US Locations
- Reach
- CVS Pharmacy
- Drug Store
- 10,280
- National
| Tenant | Description | US Locations | Reach |
| CVS Pharmacy | Drug Store | 10,280 | National |
Property Facts
| Total Space Available | 10,887 SF | Gross Leasable Area | 10,887 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Drug Store | Parking Ratio | 2.39/1,000 SF |
| Total Space Available | 10,887 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 10,887 SF |
| Year Built | 1996 |
| Parking Ratio | 2.39/1,000 SF |
About the Property
White Oak is pleased to present 3605 Walden Drive FOR LEASE. The B1 zoned property is a 10,887 SF, single-story retail building situated on a 0.83-acre (36,155 SF) lot in the heart of southeast Lexington. Built in 1996, the building features masonry construction and is currently configured as a single-tenant retail drug store, formerly occupied by CVS Pharmacy. The property benefits from 190 feet of frontage along Walden Drive with two curb cuts, providing excellent ingress and egress for customers, including 22 parking spaces. The property is positioned at the intersection of Walden Drive and Tates Creek Road—one of southeast Lexington's primary north-south arterials—adjacent to the Redding Road corridor. This node serves as a natural retail hub for the surrounding suburban residential neighborhoods. Tates Creek Road carries approximately 45,000 vehicles per day near the Redding Road intersection, and Redding Rd generates over 8,384 VPD, providing strong consumer traffic flow directly to the site. The property draws from a dense, established residential base with over 9,414 households and a population of approximately 19,902 within one mile.
- Drive Thru
- Air Conditioning
Nearby Major Retailers
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3605 Walden Dr
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