Two-Story Mixed-Use
New
For Lease
$15 SF/Yr CAM $2.50 /USD/SF/YR
120 Dennis Drive, Lexington, KY 40503
Commercial Lease, Lexington, KY
Space Size1,925 SF
Lot Size0.29 Acres
Days on Market4
Property Features for 120 Dennis Drive
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
B-4
Subdivision
Commercial
Directions
Nicholasville Rd to Dennis Dr.
Standard status
Active
APN
20045890
Size
1,925 SF
Lot size
0.29 Acres
Utilities
Heating system
Ceiling
Cooling system
Central Air
Amenities
natural lighting
kitchenette/breakroom space
private entrance
storage space
Building Details
Year built
1995
Floors in Building
2
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Christa Collins · License #239962
(859) 321-3552
Added: Sep 8
Last Checked: Sep 11 at 5:06PM
MLS# 26024703
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Investment Insights
Based on property information with market context.
This two-level mixed-use condominium contains approximately 1,925 square feet configured with multiple offices, natural lighting, and a kitchenette or breakroom area. The suite has its own entrance, while a separate rear entry serves a small storage area. Ceiling heat and central air support year-round occupancy, and the property was built in 1995.
The space is located on Dennis Drive in Lexington, near Pasadena Drive, Nicholasville Road, and Regency Road. The surrounding setting combines a quiet street with nearby commercial activity. B-4 zoning supports the property’s office and retail configuration. Lease terms include NNN structure.
The space is located on Dennis Drive in Lexington, near Pasadena Drive, Nicholasville Road, and Regency Road. The surrounding setting combines a quiet street with nearby commercial activity. B-4 zoning supports the property’s office and retail configuration. Lease terms include NNN structure.
Key Highlights
- Approximately 1925 SF in a two‑story office/retail condominium
- Multiple offices with natural lighting and kitchenette/breakroom area
- Private suite entrance plus separate access to rear storage space
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
Demographics for 40503, KY
28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$32.86 /SF/Yr
Avg Asking Price
$8–$45 /SF/Yr
Price Range
28,092 SF
Avg Space Size
This space is priced 54% below the average of $32.86 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - B-4-zoned space with private access, multiple offices, natural light, and a kitchenette for flexible commercial use.
Where is this mixed-use property located?
The property is located at 120 Dennis Drive Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 1925 SF in a two‑story office/retail condominium; Multiple offices with natural lighting and kitchenette/breakroom area; Private suite entrance plus separate access to rear storage space
