Third-Floor Office
For Lease
$18 SF/Yr
1020 Monarch Street, Lexington, KY 40513
COMMERCIAL - Lexington, KY
Space Size7,632 SF
Lot Size1.00 Acre
Days on Market352
Property Features for 1020 Monarch Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Professional Office
Subdivision
Commercial
Directions
Beaumont Centre Cirlce to Majestic to Monarch
Standard status
Active
APN
38111720
Size
7,632 SF
Lot size
1.00 Acre
Building Details
Year built
2004
Floors in Building
3
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Kevin Verhoven · License #58263
(859) 224-8833
Added: Sep 6, 2025
Changed: Aug 4
Last Checked: Aug 23 at 6:06AM
MLS# 25500612
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Investment Insights
Based on property information with market context.
The entire third floor at 1020 Monarch Street provides 7,632 rentable square feet of office space. The layout includes 22 private offices, a large conference room, a smaller conference room, a substantial break room, two public restrooms, one private restroom, and a dedicated storage room. Built in 2004, the space supports a structured office environment with a mix of individual work areas, meeting facilities, staff amenities, and storage.
The property is located in Beaumont Centre in Lexington, Kentucky, with access to Harrodsburg Road, New Circle Road, and Man O' War Boulevard. Nearby dining, retail, and professional services add convenience for employees and visitors. The offering comprises the full third floor, providing a single office setting within the building.
The property is located in Beaumont Centre in Lexington, Kentucky, with access to Harrodsburg Road, New Circle Road, and Man O' War Boulevard. Nearby dining, retail, and professional services add convenience for employees and visitors. The offering comprises the full third floor, providing a single office setting within the building.
Key Highlights
- 7,632 rentable square feet across the entire third floor
- 22 private offices for executive and staff work areas
- Large and small conference rooms included
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
$26.66 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
9,745 SF
Avg Space Size
This space is priced 32% below the average of $26.66 /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 - Full-floor workspace with private offices, conference rooms, break area, restrooms, and dedicated storage.
Where is this office units located?
The property is located at 1020 Monarch Street 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 rentable square feet across the entire third floor; 22 private offices for executive and staff work areas; Large and small conference rooms included
