Renovated Office
For Lease
$18 SF/Yr Modified Gross
1020 Monarch St, Lexington, KY 40513
Flexible workplace configuration combines enclosed offices, shared work areas, meeting space, and on-site support amenities.
Space Size7,632 SF
Days on Market34
Property Features for 1020 Monarch St
General Information
Standard status
Active
Size
7,632 SF
Net Rentable
7,632 SF
Elevators
Yes
Property subtype
Office
Zoning
P-1
Lease Type
Modified Gross
Space & Availability
Available Space
7,632 SF
Contiguous Space
7,632 SF
Space Use
Office
Condition
Move-in Ready
Private Offices
3
Meeting Rooms
2
Furnished
Yes
Amenities
open workstation area
kitchenette
reception/lounge area
multiple storage rooms
men's and women's restrooms
Power
Water
Sewer
Building Details
Year Built
2004
Spaces For Lease
at 1020 Monarch St Contact usAvailable Space $18/Mo
Contact us
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Kevin Verhoven · License #58263
(859) 224-8833
Source:
Kcrea.resimplifi
Added: Jul 28
Changed: Aug 29
Last Checked: Aug 29 at 11:41AM
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 The Gibson Company
Investment Insights
Based on property information with market context.
Located within Beaumont Centre office park, this 7,632-square-foot office floor was renovated to support a mix of focused work, group collaboration, and training. The layout includes three private offices, an open workstation area, a conference room, a reception and lounge zone, a kitchenette, multiple storage rooms, and separate men's and women's restrooms.
A dedicated training room accommodates up to 72 people, while elevator access and dual stairwells support movement throughout the floor. The property at 1020 Monarch St in Lexington was built in 2004 and is zoned P-1. The configuration is suited to professional office, healthcare administration, financial, technology, educational, and training users. Furniture is negotiable.
A dedicated training room accommodates up to 72 people, while elevator access and dual stairwells support movement throughout the floor. The property at 1020 Monarch St in Lexington was built in 2004 and is zoned P-1. The configuration is suited to professional office, healthcare administration, financial, technology, educational, and training users. Furniture is negotiable.
Key Highlights
- 7,632 SF of renovated office space in Beaumont Centre office park
- Training room with seating capacity for up to 72 people
- Three private offices plus an open workstation area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
Explore this area
Business Placement
Demographics for 40513, KY
11,244
Population
4,734
Households
2.4
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
765
Density / Sq Mi
$126,642
Median Household Income
$76,503
Median Earnings
$1,413
Median Rent
$448,100
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$24.25 /SF/Yr
Avg Asking Price
$1.68–$136 /SF/Yr
Price Range
9,638 SF
Avg Space Size
This space is priced 26% below the average of $24.25 /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?
Office units - Flexible workplace configuration combines enclosed offices, shared work areas, meeting space, and on-site support amenities.
Where is this office units located?
The property is located at 1020 Monarch St Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 7,632 SF of renovated office space in Beaumont Centre office park; Training room with seating capacity for up to 72 people; Three private offices plus an open workstation area
