Ground-Floor Office
For Lease
$18.50 SF/Yr Modified Gross
1021 Majestic Drive, Lexington, KY 40513
COMMERCIAL - Lexington, KY
Space Size1,936 SF
Days on Market49
Property Features for 1021 Majestic Drive
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
P-1
Subdivision
Commercial
Directions
Beaumont Centre Circle to Majestic Dr
Standard status
Active
APN
38110390
Size
1,936 SF
Amenities
kitchenette break room
dedicated reception and waiting area
storage room
Building Details
Year built
2003
Listing Agency:
Bluegrass Commercial Real Estate
(859) 492-5416
Listed By:
Brian Erwin · License #66559/210478
(859) 492-5416
Added: Jun 29
Changed: Aug 4
Last Checked: Aug 16 at 3:06AM
MLS# 26015393
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Investment Insights
Based on property information with market context.
The ground-floor office suite at 1021 Majestic Drive, Suite 180, provides 1,936 SF of commercial workspace. Its configuration includes 8 private offices, a reception area with adjoining waiting space, a kitchenette break room, and a storage room. The suite is suited to medical, professional services, or general office use.
Built in 2003, the property is located in Lexington’s Beaumont area. Availability begins in August, with a Modified Gross lease structure.
Built in 2003, the property is located in Lexington’s Beaumont area. Availability begins in August, with a Modified Gross lease structure.
Key Highlights
- 1,936 SF ground‑floor office suite at 1021 Majestic Drive #180
- 8 private offices with dedicated reception and waiting areas
- Kitchenette break room and storage room included
Property Analytics
Property Profile
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
$26.74 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
10,704 SF
Avg Space Size
This space is priced 31% below the average of $26.74 /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 - Eight private offices accommodate medical, professional services, or general office operations.
Where is this office units located?
The property is located at 1021 Majestic Drive 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 suite at 1021 Majestic Drive #180; 8 private offices with dedicated reception and waiting areas; Kitchenette break room and storage room included
