Ground-Floor Office
1029 Monarch Street, Lexington, KY 40513
For Lease
$19 SF/Yr
Commercial Lease, Lexington, KY
Space Size1,151 SF
Lot Size0.00 Acres
Days on Market50
Property Features for 1029 Monarch Street
General Information
Property type
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Condition
Building Details
Year built
Listing Agency:
Bluegrass Commercial Real Estate
Listed By:
Brian Erwin · License KY #66559, KY #210478
(859) 492-5416
Added: Sep 21
Changed: Nov 2
Last Checked: Nov 9 at 11:06AM
MLS# 26026144
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Investment Insights
Based on property information with market context.
This 1,151-square-foot office suite occupies the ground floor at 1029 Monarch Street, Suite 150. The interior includes three private offices, a conference room, reception area, and kitchenette, creating a defined layout for professional office operations. The property was built in 2000.
Located in Lexington, Kentucky, the suite is available for lease within the 40513 postal area. Its combination of enclosed offices, meeting space, entry reception, and staff support area provides a practical configuration for an office user seeking a ready-to-occupy workspace.
Located in Lexington, Kentucky, the suite is available for lease within the 40513 postal area. Its combination of enclosed offices, meeting space, entry reception, and staff support area provides a practical configuration for an office user seeking a ready-to-occupy workspace.
Key Highlights
- 1,151 SF ground‑floor office suite
- Three private offices plus a conference room
- Reception area and kitchenette included
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,702
Businesses Nearby
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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
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Market
Lease Benchmarks for Lexington, KY
$23.9 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,487 SF
Avg Space Size
This space is priced 20% below the average of $23.9 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Lexington, KY
Properties on Market for Office Units in Lexington
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Functional layout with private offices, conference space, reception, and kitchenette.
Where is this office unit located?
The property is located at 1029 Monarch Street Lexington, KY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 1,151 SF ground‑floor office suite; Three private offices plus a conference room; Reception area and kitchenette included
