Ground-Floor Office
For Lease
$18.50 SF/Yr Modified Gross
1021 Majestic Dr, Lexington, KY 40513
P-1-zoned workspace includes private offices, reception, a kitchenette, break area, and dedicated storage.
Space Size1,936 SF
Days on Market63
Property Features for 1021 Majestic Dr
General Information
Standard status
Active
Size
1,936 SF
Net Rentable
1,936 SF
Property subtype
Office
Zoning
P-1
Lease Type
Modified Gross
Space & Availability
Available Space
1,936 SF
Contiguous Space
1,936 SF
Floor
Ground Floor
Space Use
Office
Private Offices
8
Lease Terms
Lease Rate
$18.50 /USD/SF/YR
Monthly Rent
$2,984
Rent per SF/Year
$18.50
Amenities
kitchenette break room
dedicated reception & waiting area
storage room
Spaces For Lease
at 1021 Majestic Dr Contact usAvailable Space $18.50/Mo
Contact us
Listing Agency:
Bluegrass Commercial Real Estate
(859) 492-5416
Listed By:
Brian Erwin · License #66559/210478
(859) 492-5416
Source:
Kcrea.resimplifi
Added: Jun 29
Changed: Aug 28
Last Checked: Aug 29 at 6:02AM
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 Commercial Real Estate
Investment Insights
Based on property information with market context.
Suite 180 is a ground-floor office unit at 1021 Majestic Dr in Lexington’s Beaumont area. The 1,936-square-foot layout includes 8 private offices, a reception and waiting area, kitchenette, break room, and separate storage room. These existing components support medical, professional services, and general office use.
The property carries P-1 zoning and is scheduled to become available in August. The lease structure is Modified Gross, providing a defined framework for occupancy and operations.
The property carries P-1 zoning and is scheduled to become available in August. The lease structure is Modified Gross, providing a defined framework for occupancy and operations.
Key Highlights
- 1,936 SF ground‑floor office unit
- 8 private offices within the suite
- Reception and waiting area included
Property Analytics
Current Use
Lease Details
Modified Gross
Lease Type
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 24% below the average of $24.25 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - P-1-zoned workspace includes private offices, reception, a kitchenette, break area, and dedicated storage.
Where is this office units located?
The property is located at 1021 Majestic Dr Lexington, KY.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: 1,936 SF ground‑floor office unit; 8 private offices within the suite; Reception and waiting area included
