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Private Office Spaces For Lease
For Lease
$250 SF/Yr

1500 Leestown Road, Lexington, KY 40511

COMMERCIAL - Lexington, KY

Space SizeContact for details
Lot Size2.60 Acres
Days on Market246

Property Features for 1500 Leestown Road

General Information

Property type Commercial Lease
Property subtype Office
Subdivision Commercial
Directions From downtown Lexington take Hwy 421/W Main Street toward New Circle Road, Bakhaus Building sits on the corner of Leestown Rd and Lisle Industrial Avenue
Standard status Active
APN 17159100
Size 50,000 SF
Lot size 2.60 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

full handicap accessibility
professional cleaning services
storage closet
utilities

Building Details

Year built 1968
Listing Agency: United Real Estate Bluegrass
Listed By: Janna L Smith · License #212967
Added: Dec 8, 2025 Changed: Aug 4 Last Checked: Aug 11 at 10:06PM
MLS# 25507572

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Three private office spaces are available for lease, with prices ranging from $250 to $550. These spaces are located within a quiet and well-maintained professional building known as the Bakhaus Building. The building offers full handicap accessibility at the entrance and includes two elevators for easy access to the third-floor suite. Abundant parking is available. The offices are suitable for counselors, sales professionals, consultants, or anyone needing a dedicated and private workspace for client meetings. Rent includes utilities and professional cleaning services. A storage closet is provided, and furniture is available if needed. The property is conveniently located near downtown Lexington, New Circle Road, and Meadowthorpe Shopping Center. The building has a total size of 50000 square feet and is situated on a 2.6-acre lot.

Key Highlights

  • Three private office spaces for lease at $250–$550 in the Bakhaus Building.
  • Third‑floor suite accessed by two elevators with full handicap accessibility at the entrance.
  • Rent includes utilities, professional cleaning, a storage closet, and furniture available if needed.

Property Analytics

Current Use

Lexington Vet Center Community Center Lexington Contracting LLC Construction Company Stromatt & Associates Law Firm tcm educational consultants Training Center First Kentucky Securities Financial Advisor

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Real Estate Agency Skin Care Clinic Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$37.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$26.74 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
10,704 SF
Avg Space Size

This space is priced 835% above the average of $26.74 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private office spaces for lease in a professional building.
Where is this office units located?
The property is located at 1500 Leestown Road Lexington, KY.
What is the lease rate?
The lease rate is $250 SF/Yr.
What are key features of this property?
This property features: Three private office spaces for lease at $250–$550 in the Bakhaus Building.; Third‑floor suite accessed by two elevators with full handicap accessibility at the entrance.; Rent includes utilities, professional cleaning, a storage closet, and furniture available if needed.
More about this property
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