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379 Commercial Real Estate Listings in Lexington, KY

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Lexington, KY Commercial Real Estate

There are currently 387 commercial listings available in Lexington, KY. These listings include 373 commercial spaces that encompass a total of 2,303,502 square feet. Available commercial spaces in Lexington, KY range in size from 0 square feet to 380,000 square feet. A total of 119 off-market commercial properties located in Lexington, KY are also available for research.

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Lexington, KY Commercial Inventory Breakdown

Office Spaces

Total: 10,491,677 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 3,065,522 SqFt 29.22% of total office
100k to 500k SqFt 4,578,155 SqFt 43.64% of total office
> 1M SqFt 2,848,000 SqFt 27.15% of total office
By class:
Class A 6,004,638 SqFt 57.23% of total office
Class B 3,972,388 SqFt 37.86% of total office
Class C 134,651 SqFt 1.28% of total office


Class A office space holds a 57.23% share of the overall Lexington, KY office market, while Class B office assets make up approximately 37.86%.

Industrial

Total: 538,612 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 79,240 SqFt 14.71% of total industrial
100k to 500k SqFt 459,372 SqFt 85.29% of total industrial
There are 459,372 square feet of commercial real estate properties between 100k to 500k square feet, representing 85.29% of the Lexington, KY industrial inventory.

Lexington, KY Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Lexington, KY Office 140 940,689
Lexington, KY Retail 60 358,996
Lexington, KY Industrial 19 822,455
Lexington, KY Other 270 2,307,112
Ofice Icon

140

Office

Industrial Icon

19

Industrial

Retail Icon

60

Retail

Current local active listing encompass 4,429,252 square feet of commercial space for lease in Lexington. There are 140 active office listings, which amount to 940,689 square feet and account for 28% of commercial spaces on the market. Local retail availability includes 358,996 square feet across 60 listings. Current industrial offerings on the market amount to 822,455 square feet across a total of 19.

Employment in Lexington-Fayette, KY

Employed Population 166,533

Employed population - Industry % Distribution

Management, business, science, and arts occupations

45%

Sales and office occupations

20%

Service occupations

18%

Production, transportation, and material moving occupations

11%

Natural resources, construction, and maintenance occupations

6%

In 2020, roughly 45% of a total of 166,533 employed in Lexington-Fayette worked in Management, business, science, and arts occupations, followed by 20% in Sales and office occupations and 18% in Service occupations.

Income per capita $34,947  Median household income $58,356

Household income

42%

Under $50k

31%

$50k - $100k

21%

$100k - $200k

6%

Over $200k

The median household income in Lexington-Fayette stands at $58,356, with per capita income at $34,947. Households earning between $50k and $100k represent 31% of the total, while those earning over $200k make up 6%. Approximately 42% of Lexington-Fayette households earn less than $50k per year.

Commuting in Lexington-Fayette, KY

Mean travel time to work 21 minutes

Means of transportation to work

79.30%

Driving alone

9.30%

Carpool

2.00%

Public transit

0.80%

Bicycle

3.00%

Walking

1.10%

Other

4.40%

Work at Home

*Universe: Workers 16 and over

Education in Lexington-Fayette, KY

High school grad or higher 92%

Bachelor's degree or higher 45%

Population by minimum level of education

8%

No degree

21%

High school

26%

Some College

25%

Bachelor's

20%

Post-grad

*Universe: Workers 25 and over

An estimated 92% of Lexington-Fayette residents aged 25 or over hold a high school degree or higher. Of those, 21% are high school graduates, 26% attended some college, 25% earned a bachelor's degree, with an additional 20% holding post-graduate degrees.

Lexington-Fayette, KY Demographics

As of 2020, Lexington-Fayette had a total population of 323,152, with a median age of 35.00 years. Roughly 68.80% of the total population was between the ages of 16 and 64 years old.