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Combined Professional Office Suites

101 Malabu Drive #1 & 2, Lexington, KY 40503

For Lease
$2,800/Mo

Two connected suites offer an open-plan interior and P-1 professional office zoning.

Space Size1,900 SF
Days on Market888

Property Features for 101 Malabu Drive #1 & 2

General Information

Standard status Active
Size 1,900 SF
Net Rentable 1,900 SF
Total Parking Spaces 10
Zoning P-1 - PROFESSIONAL OFFICE

Space & Availability

Available Space 1,900 SF
Contiguous Space 1,900 SF

Site & Location

Neighborhood Open Gates Nghd Assoc

Building Details

Building Size 1,862 SF
Year Built 1969
Buildings 1
Stories 1
Listing Agency: Bluegrass Property Exchange
Listed By: Tyrell Hayden · License KY #219464
Source: Bluegrasspropertiesgroup
Added: Jun 6, 2024 Changed: Nov 5 Last Checked: Nov 10 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bluegrass Property Exchange

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Investment Insights

Based on property information with market context.

Two adjoining business suites combine into 1,862 square feet of open-plan space, allowing the interior to be arranged to suit a tenant’s needs. The property was built in 1969 and is zoned P-1 for professional office use.

Association dues are included in the rent. The suites are located on Malabu Drive in Lexington, Kentucky.

Key Highlights

  • Two connected suites totaling 1,862 square feet
  • Open‑plan interior for tenant configuration
  • P‑1 professional office zoning

Property Analytics

Current Use

Specialty properties

Lease Details

NNN (Triple Net)
Lease Type
$2.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

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

Market

Lease Benchmarks for Lexington, KY

$13.05 /SF/Yr
Avg Asking Price
$1.29–$18.05 /SF/Yr
Price Range
1,918 SF
Avg Space Size

This space is priced 38% above the average of $13.05 /SF/Yr.

Frequently Asked Questions

What type of property is this?
Specialty property - Two connected suites offer an open-plan interior and P-1 professional office zoning.
Where is this specialty property located?
The property is located at 101 Malabu Drive #1 & 2 Lexington, KY.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Two connected suites totaling 1,862 square feet; Open‑plan interior for tenant configuration; P‑1 professional office zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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