Freestanding Restaurant Building

For Lease

350 Foreman Ave, Lexington, KY 40508

You can currently find 1 retail space(s) available for lease at Freestanding Restaurant Building. Designated use type for space listed here includes retail. Current retail listings at this property total 3,258 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Freestanding Restaurant Building.

Space Available For Lease 1

Contacts

Zach Smith

NAI Isaac

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,258 SF
  • Lot Size 0.28 Acre
  • Year Built 2005
  • Year Renovated 2024
  • Date Updated May 12, 2026
Strategically positioned as a corner outparcel to Newtown Crossing, a ±340-unit student housing with roughly 900 students, the property enjoys a built-in customer base. Additionally, it is within walking distance to University of Kentucky and Downtown Lexington, placing it in a highly active and densely populated trade area with strong daytime and evening traffic.NAI Isaac is pleased to present a great restaurant leasing opportunity near University of Kentucky and downtown Lexington.
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Highlights

  • +/- 44 on-site parking spaces available
  • ±3,258 SF freestanding, second-generation restaurant opportunity (former Tolly Ho)
  • Just off South Broadway, benefiting from strong visibility and traffic counts of +/-26,047 VPD
  • Newtown Crossing is the anchor to one of the most dense student housing clusters in Lexington with ±356-units and 942 residents
  • Recently renovated, the space is well-positioned for another restaurant user, featuring an existing pick-up window and a rear exterior patio area—ideal for dine-in, takeout, or hybrid service models
  • The corridor along South Broadway, Upper Street and Red Mile Road is heavily dominated with up to 3,000 beds within a short walk of the site
  • Within walking distance to the University of Kentucky and Downtown Lexington, placing it in a highly active and densely populated trade area with strong daytime and evening traffic

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 75/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Royal Lexington
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Speedway

    0.06 miles

  • Shell

    0.20 miles

  • Thorntons

    0.50 miles

  • Gulf

    0.78 miles

  • Marathon

    1.27 miles

  • Tesla Supercharger

    5.20 miles

  • ChargePoint

    5.84 miles

  • Newtown Crossing Additional Parking

    0.13 miles

  • C Lot

    0.18 miles

  • Meter and Permit Parking

    0.24 miles

  • Parking lot for Royal Lexington

    0.26 miles

  • Metered Parking

    0.32 miles

  • Drop Off

    0.33 miles

  • Parking Structure #5

    0.37 miles

  • Center Court Parking Garage

    0.39 miles

  • The Lex parking

    0.39 miles

  • Cook Out

    0.09 miles

  • Waffle House

    0.13 miles

  • Arby's

    0.27 miles

  • Philip's Market

    0.29 miles

  • DQ Grill & Chill

    0.29 miles

  • Pizza Hut

    0.30 miles

  • Tolly Ho

    0.31 miles

  • Sonic

    0.31 miles

  • Hibachi Express

    0.31 miles

  • Thai Orchid Cafe

    0.33 miles

  • Lucky

    0.35 miles

  • Wildcat Pantry

    0.85 miles

  • FoodLand

    1.04 miles

  • Wine + Market

    1.09 miles

  • Kroger

    1.24 miles

  • Good Foods Co-op

    1.64 miles

  • Big Lots

    1.75 miles

  • Save-A-Lot

    2.03 miles

  • Mercado Aguascalientes

    2.23 miles

  • TJ Maxx

    2.50 miles

350 Foreman Ave 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.

    The rent for retail space at 350 Foreman Ave is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 3,258 square feet of retail space for lease. Of this total, 3,258 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.

    350 Foreman Ave was last renovated in 2024.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Royal Lexington is 27. The average household income here is $37,748 per year.

Contact Listing Broker
Zach Smith

NAI Isaac

  1. 1Main information
  2. 2Extra information
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