Lexington, KY Commercial Real Estate for Lease - 158 Listings

Retail/Warehouse Space

1209-1249 East New Circle Road, Liberty, Lexington, KY
Property

Retail

68,310 SF
Availability

1 Space

37,400 SF
For Lease

$6.00/SF/YR
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Corporate Plaza

771 Corporate Drive, Indian Hills - Pera Place, Lexington, KY
Property

Office

120,866 SF
Availability

8 Spaces

22,284 SF
Year Built

1982
For Lease

$19.25 - $19.50/SF/YR
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Paragon Centre
Regus
2333 Alexandria Drive, Lexington, KY
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Complimentary coffee & tea

Ergonomic furniture

High-speed internet

High-speed wifi

Kitchen
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French Quarter Square

2573 Richmond Road, Woodhill Park, Lexington, KY
Property

Retail

37,500 SF
Availability

3 Spaces

9,012 SF
For Lease

$18.00 - $35.00/SF/YR
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Lewis Hargett Circle
HQ
424 Lewis Hargett Circle 2nd Floor, Lexington, KY
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Monarch Plaza Office Park

1030 Monarch Street, Beaumont, Lexington, KY
Property

Office

206,240 SF
Availability

3 Spaces

7,258 SF
Year Built

2004
For Lease

$14.00 - $17.00/SF/YR
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Office Building

200 E Reynolds Road, Brigadoon, Lexington, KY
Property

Office

6,708 SF
Availability

1 Space

882 SF
For Lease

$13.50/SF/YR
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Court Square Building

269 West Main Street, Downtown Lexington, Lexington, KY
Property

Office

40,770 SF
Availability

3 Spaces

8,058 SF
Year Built

1905
For Lease

$16.50/SF/YR
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Hamburg Business Center II

2704 Old Rosebud Road, Hamburg, Lexington, KY
Property

Office

30,000 SF
Availability

1 Space

10,000 SF
Year Built

2005
For Lease

$19.00/SF/YR
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448 & 444 Lewis Hargett Circle

448 Lewis Hargett Circle, Wellington, Lexington, KY
Property

Office

40,093 SF
Availability

1 Space

1,035 SF
Year Built

2005
For Lease

$25.51/SF/YR
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Prime Industrial and Office Space for Sublease

1500 Bull Lea Road, Spindletop, Lexington, KY
Property

Industrial

163,382 SF
Availability

4 Spaces

47,448 SF
For Lease

$13.50/SF/YR
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Village Shoppes Lexington KY

3094 Richmond Road, Andover Estates, Lexington, KY
Property

Retail

12,000 SF
Availability

3 Spaces

3,773 SF
Year Built

1988
For Lease

$20.00/SF/YR
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Fountain Plaza - Eagle Creek Office Park

161 North Eagle Creek Drive, Richmond Square, Lexington, KY
Property

Office

71,000 SF
Availability

9 Spaces

31,186 SF
Year Built

2000
For Lease

$18.00 - $19.00/SF/YR
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2,950 SF of Commercial Space in Lexington's Distillery District

1026 Manchester Street, Speigle Heights, Lexington, KY
Property

Industrial

2,950 SF
Availability

1 Space

2,950 SF
Year Built

1968
For Lease

$4,200.00/MO
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9,664 SF Contiguous Space Available in Coldstream Research Campus

1648 McGrathiana Parkway, Spindletop, Lexington, KY
Property

Office

152,394 SF
Availability

1 Space

9,664 SF
Year Built

2007
For Lease

$19.50/SF/YR
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1025 Nandino Blvd.

1025 Nandino Blvd., Oakwood, Lexington, KY
Property

Industrial

14,820 SF
Availability

1 Space

178,596 SF
Year Built

1971
For Lease Contact for pricing
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HUB On Campus Lexington Limestone

685 South Limestone, Royal Lexington, Lexington, KY
Property

Retail

305,420 SF
Availability

3 Spaces

7,150 SF
Year Built

2020
For Lease

$30.00/SF/YR
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Fayette Place

127 W Tiverton Way, Germann Court, Lexington, KY
Property

Retail

116,664 SF
Availability

2 Spaces

8,627 SF
Year Built

1987
For Lease Contact for pricing
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War Admiral Place Endcap

2320 Elkhorn Road, Hamburg, Lexington, KY
Property

Retail

4,600 SF
Availability

1 Space

2,303 SF
For Lease Contact for pricing
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BB&T Plaza

200 West Vine Street, Downtown Lexington, Lexington, KY
Property

Office

92,815 SF
Availability

16 Spaces

66,705 SF
Year Built

1972
For Lease

$12.75 - $16.95/SF/YR
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Burt Road Medical Clinic

177 Burt Road, Deerfield, Lexington, KY
Property

Office

13,004 SF
Availability

1 Space

8,670 SF
For Lease

$16.50/SF/YR
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Todds Center

3090, 3094 & 3100 Old Todds Road, Cadentown, Lexington, KY
Property

Retail

30,418 SF
Availability

3 Spaces

5,152 SF
Year Built

2000
For Lease Contact for pricing
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Vine Center

333 West Vine Street, Downtown Lexington, Lexington, KY
Property

Office

243,000 SF
Availability

5 Spaces

48,438 SF
Year Built

1982
For Lease

$14.95 - $19.95/SF/YR
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Lexington Interstate Retail End-Cap Opportunity

1951 Stanton Way, Castleton Lyons - Winchester Farm, Lexington, KY
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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PNC Tower

301 East Main Street, Downtown Lexington, Lexington, KY
Property

Office

122,987 SF
Availability

11 Spaces

45,948 SF
Year Built

1974
For Lease

$16.50/SF/YR
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Gardenside Plaza

1743 Alexandria Drive, West Gardenside, Lexington, KY
Property

Retail

8,800 SF
Availability

1 Space

8,800 SF
For Lease

$9.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lexington commercial real estate market incorporates 5,827,238 square feet of office space across 95 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lexington commercial real estate market includes 2,567,213 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lexington market, there is a total of 2,038,732 square feet of industrial property.

The listing inventory in Lexington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lexington is represented by Industrial space, which accounts for 1,639,096 square feet of available listings. Office space available in Lexington adds up to 985,124 square feet.

Meanwhile, most of the listings of commercial property for sale in Lexington are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lexington is $16.66 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lexington can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.19 per square foot, industrial space in Lexington saw average rents of $12.11 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lexington, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lexington is in the Downtown Lexington neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Lexington area.

Meanwhile, retail space opportunities are most abundant in the Woodhill Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Spindletop.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot. In particular, the property type commanding the highest lease rates in Lexington was Office space.

Conversely, the highest sale price last year was $11,550,000 that is located at 3470 Blazer Pkwy.

The average size of a commercial property in Lexington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lexington, the average size of an office property is 67,759 square feet.
Retail properties here incorporate an average of 48,438 square feet.
Industrial space in Lexington is in buildings that are, on average 78,413 square feet in size.

Lexington, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lexington currently add up to 4,082,414 square feet. The market offers 90 active office listing(s), which amount to 1,018,235 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 486,539 square feet across 53 retail space(s). Industrial space for rent opportunities in Lexington amount to 1,645,196 square feet across a total of 26 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	90	1,018,235
Retail	53	486,539
Industrial	26	1,645,196
Other	10	932,444

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lexington, KY. Currently, there is 1,094,993 square feet of commercial property for sale here , which includes 21 office building(s) for sale , 6 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	21	603,482
Retail	6	118,542
Industrial	3	56,401
Other	29	316,567

Lexington, KY Commercial Real Estate for Lease - 158 Listings

Retail/Warehouse Space

Corporate Plaza

Paragon Centre

French Quarter Square

Lewis Hargett Circle

Monarch Plaza Office Park

Office Building

Court Square Building

Hamburg Business Center II

448 & 444 Lewis Hargett Circle

Prime Industrial and Office Space for Sublease

Village Shoppes Lexington KY

Fountain Plaza - Eagle Creek Office Park

2,950 SF of Commercial Space in Lexington's Distillery District

9,664 SF Contiguous Space Available in Coldstream Research Campus

1025 Nandino Blvd.

HUB On Campus Lexington Limestone

Fayette Place

War Admiral Place Endcap

BB&T Plaza

Burt Road Medical Clinic

Todds Center

Vine Center

Lexington Interstate Retail End-Cap Opportunity

PNC Tower

Gardenside Plaza

Frequently Asked Questions

Lexington, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lexington, KY Commercial Real Estate for Lease - 158 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lexington, KY?

What factors affect the price of commercial real estate in Lexington, KY?

What is the average rent for commercial space in Lexington, KY?

What are the best areas for commercial real estate in Lexington, KY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lexington, KY?

Lexington, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

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About us