Lexington, KY Property For Sale and Lease

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Retail for Sale

Lexington, KY 40508

Priced well below replacement cost, 319 Cedar Street is ideally located near downtown and the University of Kentucky at the highly visible corner of Broadway and Cedar Street with over 25,000 VPD past the site.

This three story building was built in 2012. The building also has a full kitchen in the basement with an elevator and dumbwaiter.

There are currently high end bars on the first and second floors with two restrooms on each floor.

15 Parking Spaces on site with ample parking meters surrounding the property.

Zoned B-2A, Downtown Frame Business

Property is also available for lease at $18/SF + NNN

*Listing Agent has a financial interest in the subject property.

Retail for Lease

Lexington, KY 40517

Recently constructed retail center in southeast Lexington. The property is located on Richmond Road, between its intersection with Patchen Drive and Mt Tabor Road, behind the recently constructed Andy's/First Watch and Skyline Chili. Current Tenants include KPot Korean BBQ, Cyclebar, Club Pilates, My Salon Suites, Stretch Lab and Sugaring. Drive-thru available.

Executive Suites/Coworking for Lease

Lexington, KY 40503

We are pleased to present Corporate Plaza, a suburban office building, located in the Corporate Center at 771 Corporate Drive in Lexington, Kentucky. This ten story, Class A office building stands as the tallest building in the Lexington Suburban Office market.

The common areas at Corporate Plaza are accented by natural sky lights offering an inviting atmosphere. This dramatic four-story atrium is the focal point for 10 floors of flexible office suites enhanced with panoramic views of the surrounding Bluegrass area. The floor plans are designed for multi-tenant and single tenant occupiers.

Corporate Plaza attracts quality tenants with its premier location and amenities. The building is equipped with a variable air volume HVAC system, a fire protection monitoring system and fiber internet service available. Three elevators accommodate tenants on all 10 floors providing quick access to your office. Ample, well-lit parking surrounds the building with the convenience of three public entrances. The building offers a secure environment with 24 hour security access. Corporate Plaza is professionally managed by the NAI Isaac Management Team.

Office for Sale

Lexington, KY 40509

Opportunity to purchase Lexington Professional Center, a four-story, vacant 180,866 SF office building located on 15.27 acres at 101 Yorkshire Boulevard in Lexington, Kentucky. The Property is contiguous to CHI Saint Joseph Health’s Saint Joseph East Hospital campus. The campus includes the full-service, 217-bed Saint Joseph East Hospital and the 60,000 SF Women’s Hospital Saint Joseph East.

Lexington Professional Center represents an opportunity to acquire an attractive office building at a significant discount to replacement cost in a market with strong leasing fundamentals. By acquiring the building at an attractive basis, the new owner can lease the building at a below-market rate and still generate out-sized returns. The Property’s adjacency to the hospital campus makes it an attractive leasing opportunity for medical users as well.

Office for Lease

Lexington, KY 40503

220 & 230 Lexington Green Circle is a Class “A” Office Complex consisting of a total of 151,096 rentable square feet in two, 6-story buildings. Developed in 1989-1990, the buildings were constructed with a combination of high quality steel, concrete, and glass. Floor to ceiling glass in the offices makes for outstanding views and natural light throughout. Professionally managed on site with meticulously manicured grounds, the property sits on 7.89 acres in a campus like setting with Embassy Suites (Hilton) and The Mall at Lexington Green. There is an abundance of surface parking in addition to a shared 2-story ramped garage and reciprocal parking. Both buildings are undergoing common area renovations providing an impressive modernized look for tenants, clients, and visitors alike. Each building has two glass elevator banks that look into the courtyard between the two buildings. Lexington Green Circle overlooks The Mall at Lexington Green with visibility from both Nicholasville Road (71,452 ADT) and New Circle Road (65,936 ADT).

Property Highlights

-Renovated Common Areas

-Class A

-Proximal Hospitality, Retail, & Dining Amenities

-Signage/Corporate Identity

-Access to +/-2,400 Parking Spaces

-Professional On-Site Management

Office for Sale

Lexington, KY 40503

• 7.1% Cap Rate

• Office Condo Space

• Current Tenant has over three years left on lease with renewal options

• Two suites combined for total of 1,755 SF

• Excellent location for long-term investment

• Previously a dental office

• Building built in 1965, unit renovated in 2022

Retail for Lease

Lexington, KY 40507

Welcome to 250 E. Short Street, a beautifully renovated building that offers modern interior finishes - such as hardwood floors, exposed brick, and glass features - in an exceptional Downtown location. This versatile space, zoned B-2A, is perfectly suited for a wide range of business uses, making it an ideal choice for

entrepreneurs and businesses looking to thrive in the heart of Lexington’s Central Business District.

For added convenience, the property includes surface parking and utilities in the monthly lease rate. This ensures that your business operations run smoothly without the hassle of additional costs. The provision of parking in the Central Business District is a valuable asset, making it easier for both employees and

clients to access your establishment.

But that’s not all - Downtown Lexington as your backdrop means proximity to a vibrant ecosystem of retailers. From charming restaurants and boutique shops to prestigious law offices and the Courthouses, your enterprise will be surrounded by a diverse pool of potential collaborators, clients, and customers.

Whether you’re considering occupying the entire building for your business or exploring different uses for each floor, 250 E. Short St. offers a versatile and adaptable space in prime Downtown Lexington. With its modern interior, historical charm, and proximity to surrounding retail and businesses, this property presents an exceptional opportunity for growth and success.

The first floor of this building is an expansive 2,720 SF space that opens the door to endless possibilities for your business. This level provides an exceptional opportunity for creative business concepts, offering a spacious and versatile layout that can be transformed to suit your unique vision.

Main Open Area: As you step into the basement, you’ll instantly notice the main open area, which serves as the perfect canvas for your creativity. This space is ideal for open workspace, allowing teams to collaborate, innovate, and thrive. Alternatively, it can be customized as a retail showroom or an office to showcase your products or services, combining visual appeal and functionality.

Private Spaces: The first floor also includes four private spaces that can be utilized as individual offices for your team members or for secure storage of valuable equipment and inventory. These private spaces offer flexibility and privacy.

Enclosed Glass Area: Additionally, this floor offers an enclosed glass area that can be transformed to suit various purposes, such as a workout room or a conference room with natural light.

Refreshed Restroom: Your comfort and convenience are a priority in this space. The fully functioning restroom has been thoughtfully renovated with upgraded finishes.

Design Elements: The first floor features beautifully polished concrete floors, enhancing the aesthetic appeal of the space while providing durability and easy maintenance. Tall ceilings add to the overall sense of spaciousness and large windows not only allow for natural light to flood the area but also provide glimpses of the vibrant surroundings.

Office for Lease

Lexington, KY 40503

3,000 square foot fully furnished office suite for lease consisting of 5 private offices and an open area with cubicles. This third floor office suite is located between Clay's Mill Road and Nicholasville Road just off of Wellington Way next to the Wellington Dog Park. $21.00 per square foot rate includes utilities.

3,000 square foot fully furnished office suite.

Executive Suites/Coworking for Sale

Lexington, KY 40503

Large, free-standing professional condo unit in a great location just off Nicholasville Rd in south Lexington near the intersection of Lowry Lane and Regency Road. Spacious offices and plenty of interior break rooms and restrooms. Currently home to a medical practice and administrative offices, this condo could be subdivided into two units. Priced to sell.

Office for Lease

Lexington, KY 40503

Updated office space; with exam rooms or private offices:

Reception and seating area; 8 offices, open space with a sink, 3 private bathrooms, break room and additional storage space.

Zoned B-1

$15.50 SF/YR NNN

Flex/R&D for Lease

Lexington, KY 40505

This is a great office/flex space that is mostly climate controlled. There is 3,358 square feet which is made up of 2,754 square feet of office and 604 square feet of warehouse space. There are 2 man doors, one in the front of the building and one in the back of the building. There is a drive-in door in the back. From the warehouse leading into the office space there is a 6 foor wide double door. This lleadds into a large finished space that is 33 feet by 32 ffet (1,056 SF) that has it's own HVAC system and can be used for warehouse space. There are offices and a reception area and 2 bathrooms in the front of the space.

This is a great office/flex space that is mostly climate controlled office space. There is a total of 3,358 square feet which is made up of 2,754 square feet of office and 604 square feet of warehouse. There are 2 man-doors, one in the front of the building and one in the back. There is a drive-in door in the back of the building. From the warehouse space leading into the office space is a 6 foot wide double door. This leads into a large finished space that is 33 feet by 32 feet (1,056 squre feet) that has its own HVAC system. There are; offices, a reception area and 2 bathrooms in the front of the space.

Land for Sale

Lexington, KY

Lot IV-R Clays Mill Extended, Nicholasville, KY 40356

Introducing a once-in-a-lifetime opportunity nestled in the heart of prime real estate! Welcome to the exclusive 11-acre parcel located off the bustling intersections of Clays Mill and Harrodsburg Road. With no deed restrictions in sight, this gem presents an unparalleled canvas for developers and visionaries alike to sculpt their dreams into reality. Picture your ideal property taking shape amidst this coveted locale, where possibilities abound and the potential for greatness knows no bounds. Seize the chance to be a part of history in the making – an opportunity so extraordinary, it's destined to become the stuff of legends. Don't let this rare find slip through your fingers; embrace the limitless possibilities and make your mark on this coveted landscape today!

Executive Suites/Coworking for Lease

Lexington, KY 40503

Leasing opportunities available at Professional Heights Office Condos just off Nicholasville Road. These leasing opportunities on Nicholasville Road offer a great location adjacent to retail, restaurants, office and medical office space. 2375 Professional Heights Drive is approximately ½ mile from Central Baptist Hospital, 2 miles from the University of Kentucky campus, 3 miles from downtown and 5 miles from the Blue Grass Airport.

Includes utilities, Tenant pays own janitorial

Retail for Lease

Lexington, KY 40509

Presenting retail leasing opportunities at Brighton 3050 on Liberty Road in Lexington. Conveniently located on the eastside of Lexington near Hamburg and I-75/64.

Industrial for Lease

Lexington, KY 40502

31,163 S.F. warehouse available for lease, located at 2156 Young Drive across from W.T. Young Storage. Fenced in outside storage area available and ample parking. Approx 3,000 s.f. of office area included, 2-3 dock level doors 2-3 drive in doors. $6.50 psf NNN.

Retail for Lease

Lexington, KY 40505

Great location for your retail business with New Circle frontage. 1,200 s.f. available for lease at $15 psf NNN. Located next to Lend Nation and Boost Mobile.

1,200 s.f. retail space with New Circle visibility, located next to Boost Mobile.

Retail for Lease

Lexington, KY 40505

3,206 s.f. of B-3 zoned space with great visibility of New Circle Rd, located at corner of Family Circle and New Circle across from McDonald's.

Great space for your business with New Circle frontage, 3206 s.f. of B-3 zoned space at $13.00 psf NNN. Located across from McDonalds on New Circle Rd.

Executive Suites/Coworking for Lease

Lexington, KY 40509

Well located property just off Man O War at Blazer Parkway. The building is owner occupied and well maintained.

Third floor space. The space that's for lease is in blue. Lease rate negotiable. Call for more info.

Multi-Family for Sale

Lexington, KY 40511

The 9 townhouses are recent construction and contain +/-1,700 s.f each. The interior finishes include laminate flooring and granite countertops. All units are currently leased ranging from $1,400 to $1,650 each per month. Please contact listing agent for more information.

Specialty for Sale

Lexington, KY 40503

9,165 square foot Day Care Center investment for sale in South Lexington.? Located off of Higbee Mill Road with over 500 feet of frontage on Man O War Boulevard with great visibility and signage. This brand new day car facility consists of 10 classrooms, break room, directors office, large commercial kitchen with hood system, high end appliances, 3 compartment sink, gas range, and an ice maker.? The building sits on 3.7 acres of land and was recently leased to La Petite Academy for an initial 7 year NNN lease with 4 options to extend.?

Flex/R&D for Lease

Lexington, KY 40511

133 Trade Street is a 17,875 total SF flex/industrial building in Lexington, KY. The spaces feature block/metal construction, 125' building depth, 16' clear height, fluorescent warehouse lighting, clear span spaces, three phase electric, five 12' x 14' drive-in doors, +/- 50 parking spaces, and suspended gas warehouse heat.

Property Highlights:

- High-demand flex units

- 16' clear height

- 14' tall drive-in doors

- Excellent parking

- Highly stabilized Leestown Industrial Park

Suite 1-3: 10,725 total SF, BTS office, three 12'x14' drive-in doors.

Retail for Lease

Lexington, KY 40503

Malabu Heights Plaza, located on Nicholasville Road (45,326 avg.

cars/day), is at the center Lexington’s premier retail corridor. The

property boasts high traffic counts and excellent visibility. It is

perfect for retail, showroom, or office type users.

Other tenants in the center include:

Bank of America

Verizon

Lasik

Nothing Bundt Cakes

Subway

Milan Laser

One Main Financial

The Good Feet Store

West Coast Pizza

Spa Nails

Lifeline Homecare

Suite 135: Retail space for any use! The space currently has one wall dividing two open areas.

Office for Lease

Lexington, KY 40509

Eagle Creek Medical Plaza is a 51,000 SF, Class A medical office building located on the St. Joseph East Healthcare campus. Tenants include KentuckyOne Health, Lexington Clinic, Retina Associates of KY, and other local physician offices.

Building Amenities:

#- Direct access to the Hospital via underground walkway.

#- Pick up and drop off area

#- Free Parking

#- Nearby retail and restaurants

#- Convenient access to other providers

Space Includes: 26 rooms, 2 open areas, 1 kitchen Private restroom, 6 restrooms

Office for Sale

Lexington, KY 40509

Fully occupied office building for sale. This 10,308 square foot free standing office building is located at 3221 Summit Square Place near the corner of Richmond Road and Man O' War Blvd. Suite 200 is leased to Central Kentucky Eye care & Wellness and Suite 100 is leased to Busy Bee Occupational Therapy. Great investment opportunity with 2 great tenants.

Office for Sale

Lexington, KY 40509

Office condo for sale on S. Broadway. The space consists of seven offices, two conference rooms, open workspaces and a breakroom. Two elevators service the building. There is ample parking available. Built in 1966.

Also for sale at this address are six units, totaling 20,001 SF, and 0.32 acres of land at 381 Legion Drive.

Office for Lease

Lexington, KY 40509

First floor, 2160 SF office space available for Lease in Hamburg.

Office suite is in shell condition and can be fit-up to Tenant's needs. Fit-up would likely take 60-90 days. Central Bank occupies the First floor also, with rich finishes and daily walk-in traffic. White, Greer, Maggard Orthodontists are also Tenants in the building, with high traffic count.

Great opportunity to occupy custom, first floor space in an attractive, high visibility building in Hamburg. Easy access from Winchester Road and from Man O War.

$18 SF/YR modified gross

Tenant pays electric and interior cleaning of the suite.

Retail for Lease

Lexington, KY 40503

Southland Center is a retail strip center boasting excellent visibility situated just off Nicholasville Road (+-36,078 VPD) on Southland Drive (+-13,216 VPD). This property was recently renovated and has a strong tenant mix that includes Taziki’s Mediterranean Café, Dana Kelly Oriental Rugs, and Columbia Steak Express. Southland Center sits less than 3 miles from Downtown Lexington, the University of Kentucky, Baptist Health Lexington, and Fayette Mall.

Multi-Family for Sale

Lexington, KY 40511

The Rentals at Coventry is a 127 home Build-For-Rent detached single-family development located in the heart of the Bluegrass in Lexington, KY. Site work began in September 2020, with the first homes completed and occupied in the fall of 2021. The final 10 homes are scheduled for completion in the coming months, with 8 of those already pre-leased.

In addition to this portfolio, we have 600 lots throughout Central Kentucky in the pipeline available on a forward sale basis.

To sign CA and access rent roll, please visit: https://www.crexi.com/properties/1178255/kentucky-coventry-127-home-bfr-in-lexington-ky

Coventry is conveniently located near major employers within the Lexington MSA including the University of Kentucky and Toyota’s largest production facility in nearby Georgetown. The north side of Lexington is experiencing explosive growth with Coventry sitting right between the recently announced 200 acre business park, and the 23 acre Publix retail development under construction. Surrounded by 30 acres of greenspace, the area also includes. Coventry Oak Elementary School and a neighborhood playground.

The Lexington area often weathers the impact of downturns and recessions better than many cities. In fact, during the pandemic in 2020, Lexington was ranked the top city where its unemployment rate bounced back the fastest, according to WalletHub. Contrary to declining home prices across the nation, Lexington continues to show stable increases in values due to the lack of supply.

Known as the Horse Capital of the World, Lexington is the 2nd largest city in Kentucky with a population of over 320,000. The Lexington region’s economic success comes largely from its diverse economy, serving as a health care, retail, and cultural center for both Central and Eastern Kentucky. Lexington has been named among the best cities for college graduates, young professionals, and most affordable for an early retirement.

With 7 different floorplans thoughtfully balanced throughout the neighborhood, Coventry has a wide variety of homes to meet tenant’s needs. From the popular 3-bedroom 1,337 SF Cambridge plan, up to the 4-bedroom 2,387 SF Cypress plan, this pet-friendly community offers its residents the desirable outdoor space and yard that can not be found in apartment living. 

May 2023 over May 2022 saw a 12.85% increase in the median rental rate throughout the 40511 zip code. This upside rent potential is most evident in the Cambridge and Cypress floorplans.

Accounting for one-third of the portfolio, the single-story Cambridge plan provides an efficient size home that can cater to everyone from recent college grads, to those downsizing who no longer wish to navigate steps. The most recent Cambridge turnover in June saw multiple tenant applications for the increased rent of $1,895, up from its previous rent of $1,595.

The 34 Cypress plans make up 26% of the portfolio and have seen strong rent growth, now up to $2,400 from its median rent of $2,100.

Given higher interest rates and the number of new listings for sale down 25% from May 2022 to May 2023, we believe these rents can continue to be pushed while keeping occupancy high. 

Coventry is one of the only build for rent communities in the area, providing renters the benefits of a new home without the high cost of ownership and maintenance.

Retail for Lease

Lexington, KY 40513

Retail for Lease

Lexington, KY 40508

Previously utilized as yard office buildling. Tenant free to utilize as office or commerical and update building to suit. plenty of parking and yard space. Open to Lease or sale

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