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  1. Retail Space
  2. KY
  3. Lexington
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For Lease

Freestanding Restaurant Building

350 Foreman Ave, Lexington, KY 40508

3,258

SF Available
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.

Key features

  • +/- 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

Rental Details

  • Number of spaces 1
  • Total square feet available 3,258 SF
  • For Lease Contact for pricing
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 24, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Building

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 3,258 SF
  • Divisible Space 3,258 - 3,258 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

Second Generation Restaurant

broker
Zach Smith

NAI Isaac

Contacts

broker
Zach Smith

NAI Isaac

Building Details

  • For Lease Contact for pricing
  • Property Type Retail - Freestanding
  • Property Size 3,258 SF
  • Lot Size 0.28 Acre
  • Year Built 2005
  • Year Renovated 2024
  • Date Updated May 24, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (77)
  • Transit Score ®

    Excellent Transit (75)
  • Bike Score ®

    Very Bikeable (76)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

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 Summary

  • The Price for Retail Space at 350 Foreman Ave

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 350 Foreman Ave was last renovated in 2024.

  • Retail Space Options Available at 350 Foreman Ave

    The property exclusively contains Retail space totaling 3,258 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 350 Foreman Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Zach Smith

NAI Isaac

  1. 1Main information
  2. 2Extra information
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