Renting Retail Space in Chevy Chase / Ashland Park
Chevy Chase remains the "Blue Chip" benchmark for Lexington. In early 2026, it is characterized by "Premium Scarcity," with median home values currently exceeding $530,000 and a steady 6.7% annual appreciation rate (Source: Zillow 40502 Forecast 2026). It is the city's most distinguished historic district, offering 1920s architecture and tree-lined streets near the University of Kentucky. 2026 marks the year of "Generational Resilience." Despite national market fluctuations, Chevy Chase continues to attract "High-Conviction" buyers who prioritize the neighborhood’s walkable independent boutiques (like Josie's) and its status as one of the safest upscale pockets in Kentucky.
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TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Popular Retail Space in the Chevy Chase / Ashland Park Neighborhood
Lexington, KY Retail/Office Space for Lease | Moore Drive
420 – 4,200 SF
$600 – $6,800 /mo
GeneralStorefront
Ruccio Pavilion - Endcap with Outdoor Patio
1,650 – 3,000 SF
$3,000 – $5,500 /mo
Storefront
Former Lexington Coffee Shop For Lease
2,900 SF
$3,000 /mo
Storefront
Southland Drive Small Shop Retail FOR LEASE
1,200 – 1,800 SF
$1,700 – $2,200 /mo
Storefront
Lexington KY Office HQ or Retail Opportunity
62,800 SF
$52,300 /mo
StorefrontWarehouse
Northland Shopping Center
2,168 – 2,400 SF
$2,700 – $3,000 /mo
General
French Quarter Square
969 – 4,258 SF
$1,600 – $12,400 /mo
CoworkingFlexRestaurantStorefront
South Broadway Marketplace
1,000 – 3,142 SF
$2,000 – $5,400 /mo
Storefront
Simpson Center
1,200 – 1,740 SF
$2,300 – $2,900 /mo
Storefront
Offices @ The Square
419 – 11,253 SF
$800 – $13,600 /mo
GeneralStorefront
West Zandale Plaza
1,500 – 2,380 SF
$3,000 – $5,200 /mo
Storefront
University Plaza
4,250 SF
$8,500 /mo
Restaurant
Prime Retail/Restaurant Location
2,723 SF
$7,900 /mo
Storefront
Turn-Key Restaurant/Brewery Space
1,464 – 2,678 SF
$2,600 – $3,700 /mo
Storefront
HUB On Campus Lexington Limestone
1,525 – 4,418 SF
$8,700 /mo
RestaurantStorefront
Suite Rates in Chevy Chase / Ashland Park
Suite Sizes in Chevy Chase / Ashland Park
Neighborhood Comparison
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Average Available SQFT
Average Rate / SQFT PER Month
NUMBER OF AVAILABLE SUITES
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.