Lexington, KY Commercial Real Estate for Lease and Sale

Explore 211 listings of Lexington commercial real estate to find the best space for your business.

NEW Retail Space - The Venue

120 Malabu Drive, Lansdowne, Lexington, KY
Property

Retail

5,300 SF
Availability

1 Space

5,300 SF
For Lease

$30.00/SF/YR
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Tates Creek Office Centre

4071 Tates Creek Centre Drive, Beleau Wood, Lexington, KY
Property

Office

32,124 SF
Availability

3 Spaces

9,425 SF
Year Built

1989
For Lease

$19.75 - $20.50/SF/YR
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Chase Tower

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

Office

239,213 SF
Availability

6 Spaces

31,748 SF
For Lease Contact for pricing
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Palomar Springs

4085 Harrodsburg Rd, Palomar Hills, Lexington, KY
Property

VacantLand
Availability

5 Spaces

65,938 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Warehouse Block Free Standing Restaurant

701 National Ave, Mentelle, Lexington, KY
Property

Retail

2,303 SF
Availability

1 Space

2,303 SF
For Lease

$5,000.00/MO
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1409 North Forbes Road

1409 North Forbes Road, Meadowthorpe, Lexington, KY
Property

Office

32,888 SF
Availability

1 Space

15,978 SF
Year Built

1959
For Lease

$18.00/SF/YR
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Centrally Located Office Building

114 E Reynolds Rd, Brigadoon, Lexington, KY
Property

Office

6,336 SF
Availability

3 Spaces

4,500 SF
Year Built

1972
For Lease

$16.00/SF/YR
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Office/Retail Opportunity in Lexington, KY

3459 Buckhorn Dr., Squire Oak, Lexington, KY
Property

Office

3,100 SF
Availability

1 Space

3,100 SF
Year Built

1987
For Lease

$3,000.00/MO
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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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Burt Road Medical Clinic

177 Burt Road, Deerfield, Lexington, KY
Property

Office

13,004 SF
For Sale

$2,495,000
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Corner Development Lot

3326 Clays Mill Road & 641 Delzan Place, Wellington, Lexington, KY
Property

VacantLand
For Sale

$499,900
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1st Floor Office Condo

2704 Old Rosebud Rd , Hamburg, Lexington, KY
Property

Office

30,000 SF
Availability

1 Space

4,088 SF
Year Built

2005
For Lease

$22.00/SF/YR
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Beaumont Marketplace

3165 Beaumont Center Circle, Beaumont, Lexington, KY
Property

Retail

135,831 SF
Availability

1 Space

1,346 SF
For Lease

$27.00/SF/YR
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Woodhill Circle Plaza

1505-1557 E. New Circle Road, Woodhill Park, Lexington, KY
Property

Retail

379,204 SF
Availability

6 Spaces

9,410 SF
Year Built

1978
For Lease

$9.00 - $28.57/SF/YR
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St. Joseph Office Park Condominiums - Buildings A, B & C

1401 Harrodsburg Road, Headley Green, Lexington, KY
Property

Office

174,225 SF
Availability

8 Spaces

27,524 SF
Year Built

1983
For Lease

$20.00/SF/YR
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705 W Third Street

705 W Third Street, Georgetown, Lexington, KY
Property

Industrial

675 SF
Availability

1 Space

675 SF
Year Built

1940
For Lease

$600.00/MO
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Prosperous Place Offices

166 Prosperous Place, Richmond Square, Lexington, KY
Property

Office

6,600 SF
Availability

1 Space

1,140 SF
For Lease

$14.00/SF/YR
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Regency Circle Business Suite - FOR LEASE

257 Regency Cir, Deerfield, Lexington, KY
Property

Office

9,226 SF
Availability

1 Space

700 SF
For Lease

$800.00/MO
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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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Office Building

2401-2409 Regency Road, Deerfield, Lexington, KY
Property

Office

25,000 SF
Availability

2 Spaces

3,188 SF
For Lease

$13.50/SF/YR
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Hamburg Office Park - One Hamburg

1792 Alysheba Way, Hamburg, Lexington, KY
Property

Office

74,187 SF
Availability

4 Spaces

10,372 SF
Year Built

2003
For Lease

$23.00/SF/YR
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Blue Sky Industrial Park

345 Blue Sky Parkway, Boone Creek, Lexington, KY
Property

Industrial

9,000 SF
Availability

1 Space

9,000 SF
For Lease

$6.50/SF/YR
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249 East Main Street

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

Office

46,936 SF
Availability

2 Spaces

4,604 SF
Year Built

1988
For Lease

$20.00/SF/YR
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3141 Beaumont Centre Circle

3141 Beaumont Centre Circle, Beaumont, Lexington, KY
Property

Office

35,640 SF
Availability

1 Space

2,585 SF
For Lease

$19.00/SF/YR
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Newtown Business Center

1051 Newtown Pike, Oakwood, Lexington, KY
Property

Industrial

86,700 SF
Availability

1 Space

2,748 SF
Year Built

1982
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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Northland Shopping Center

208 Legends Lane, Northside Lexington, Lexington, KY
Property

Retail

70,217 SF
Availability

2 Spaces

4,568 SF
For Lease

$15.00/SF/YR
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Meijer | In-Store Retail Space

2155 Paul Jones Way, Hamburg, Lexington, KY
Property

Retail

243,094 SF
Availability

1 Space

476 SF
Year Built

1997
For Lease Contact for pricing
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3,112 SF Lexington Office Space FOR LEASE

3174 Custer Dr, Carriage, Lexington, KY
Property

Office

3,112 SF
Availability

1 Space

3,112 SF
Year Built

1990
For Lease

$3,500.00/MO
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Office/Warehouse Building

2285 Frankfort Ct, Marehaven, Lexington, KY
Property

Industrial

8,032 SF
Availability

1 Space

8,032 SF
Year Built

1993
For Lease

$8.50/SF/YR
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3167 Custer Drive Lexington KY

3167 Custer Drive, Carriage, Lexington, KY
Property

Office

10,355 SF
Availability

3 Spaces

3,446 SF
Year Built

1985
For Lease

$1,027.00 - $1,454.00/MO
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Corporate Drive Office Building

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

Office

27,247 SF
Availability

1 Space

2,297 SF
For Lease

$17.00/SF/YR
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Village Shoppes Lexington KY

3094 Richmond Road, Andover Estates, Lexington, KY
Property

Retail

12,000 SF
Availability

1 Space

1,150 SF
Year Built

1988
For Lease

$20.00/SF/YR
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Office Condo For Sale/ Lease

519 Darby Creek Road, Cadentown, Lexington, KY
Property

Office

2,384 SF
For Sale

Subject To Offer
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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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Office Building

1216 S Broadway, North Elizabeth, Lexington, KY
Property

Office

2,808 SF
Availability

1 Space

2,808 SF
Year Built

1927
For Lease

$23.00/SF/YR
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130 Lisle Industrial Ave

130 Lisle Industrial Ave, Townley Park, Lexington Fayette, KY
Property

VacantLand
Availability

2 Spaces

139,392 SF
For Lease

$3,000.00 - $8,000.00/MO
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PNC Tower

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

Office

122,987 SF
Availability

11 Spaces

53,942 SF
Year Built

1974
For Lease

$17.50/SF/YR
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Todds Plaza

162 Old Todds Road, Locust Hill, Lexington, KY
Property

Office

15,306 SF
Availability

1 Space

2,508 SF
For Lease

$18.00/SF/YR
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Corporate Plaza

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

Office

120,866 SF
Availability

7 Spaces

20,215 SF
Year Built

1982
For Lease

$19.25 - $19.50/SF/YR
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Mall Road Outparcel

3865 Mall Road, Germann Court, Lexington, KY
Property

VacantLand

20,000 SF
Availability

1 Space

5,000 SF
For Lease

$96,000.00/YR
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Security Trust Building

271 West Short Street, Downtown Lexington, Lexington, KY
Property

Office

68,544 SF
Availability

8 Spaces

18,410 SF
Year Built

1905
For Lease

$16.50 - $20.50/SF/YR
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901 Floyd Drive

901 Floyd Drive, Meadows - Loudon, Lexington, KY
Property

Industrial

15,750 SF
Availability

7 Spaces

15,750 SF
For Lease

$2,450.00/MO
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Custer Drive Office Building

3138 Custer Drive, Carriage, Lexington, KY
Property

Office

14,850 SF
Year Built

1990
For Sale

$1,739,000
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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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3,400 SF Professional Office Space Available For Lease

3290 Blazer Parkway, Richmond Square, Lexington, KY
Property

Office

3,400 SF
Availability

1 Space

3,400 SF
For Lease

$14.00/SF/YR
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Lexington Green Office Building I

230 Lexington Green Circle, Wellington, Lexington, KY
Property

Office

74,939 SF
Availability

2 Spaces

3,436 SF
Year Built

1980
For Lease

$21.50/SF/YR
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Sterling Center

565 East New Circle, Bryan Station, Lexington, KY
Property

Retail

13,500 SF
Availability

1 Space

1,000 SF
For Lease

$15.00/SF/YR
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Lexington Professional Center

101 Yorkshire Boulevard, Richmond Square, Lexington, KY
Property

Office

180,866 SF
Availability

4 Spaces

180,866 SF
Year Built

1978
For Lease

$10.00/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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Corner Development Lot

3326 Clays Mill Road & 641 Delzan Place, Wellington, Lexington, KY
Property

VacantLand
Availability

1 Space

21,780 SF
For Lease

$3,450.00/MO
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Lexington Business Center

1300 New Circle Road, Liberty, Lexington, KY
Property

Industrial

309,135 SF
Availability

1 Space

15,263 SF
For Lease Contact for pricing
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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 4,419,120 square feet of office space across 110 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 2,523,027 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 1,740,944 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 1,257,118 square feet of available listings. Office space available in Lexington adds up to 938,875 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 $17.28 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 $12.65 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 Meadows - Loudon.

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 $23 per square foot. In particular, the property type commanding the highest lease rates in Lexington was Retail 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 43,325 square feet.
Retail properties here incorporate an average of 53,682 square feet.
Industrial space in Lexington is in buildings that are, on average 72,540 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 3,489,362 square feet. The market offers 85 active office listing(s), which amount to 952,375 square feet and account for 51% of commercial spaces on the market. Local retail availability includes 299,984 square feet across 46 retail space(s). Industrial space for rent opportunities in Lexington amount to 1,228,393 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	85	952,375
Retail	46	299,984
Industrial	23	1,228,393
Other	10	1,008,610

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 664,119 square feet of commercial property for sale here , which includes 24 office building(s) for sale , 2 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	24	522,764
Retail	2	12,462
Industrial	2	35,400
Other	20	93,493

Lexington, KY Commercial Real Estate for Lease and Sale

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

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