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Office Suite with Private Offices
New
For Lease
$18 SF/Yr

1029 Monarch St Unit 150, Lexington, KY 40513

Ground-level space combines dedicated work areas with a conference room, reception, and kitchenette.

Space Size1,151 SF
Days on Market4

Property Features for 1029 Monarch St Unit 150

General Information

Standard status Active
Size 1,151 SF
Net Rentable 1,151 SF

Space & Availability

Available Space 1,151 SF
Contiguous Space 1,151 SF
Floor Ground Floor
Space Use Office
Condition Turnkey
Private Offices 3
Meeting Rooms 1

Amenities

reception area
kitchenette

Building Details

Year Built 2000
Listing Agency: Bluegrass Commercial Real Estate
Listed By: Brian Erwin · License #66559/210478
Source: Sellkentucky
Added: Oct 4 Last Checked: Oct 7 at 1:09PM

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.

This 1,151-square-foot ground-floor office suite was built in 2000. Its layout includes three private offices, a conference room, reception area, and kitchenette, providing a mix of enclosed and shared work areas.

Located at 1029 Monarch St Unit 150 in Lexington, the suite is available for lease.

Key Highlights

  • 1,151‑square‑foot office suite on the ground floor
  • Three private offices, a conference room, reception area, and kitchenette
  • Built in 2000

Property Analytics

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Open Analytics

Current Use

Schneider Designs Construction Company Bluegrass Counseling Services Medical Clinic Howard W Neil Financial Advisor J & J Staffing Employment Agency K V Oil ... Gas Company

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,702
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.42 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
17,034 SF
Avg Space Size

This space is priced 23% below the average of $23.42 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Ground-level space combines dedicated work areas with a conference room, reception, and kitchenette.
Where is this office units located?
The property is located at 1029 Monarch St Unit 150 Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,151‑square‑foot office suite on the ground floor; Three private offices, a conference room, reception area, and kitchenette; Built in 2000
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