Ground-Floor Office
New
For Lease
$19 SF/Yr
1029 Monarch Street, Lexington, KY 40513
Commercial Lease, Lexington, KY
Space Size1,151 SF
Lot Size0.00 Acres
Days on Market2
Property Features for 1029 Monarch Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
P-1 Office
Subdivision
Commercial
Directions
Beaumont Center Circle to Monarch
Standard status
Active
APN
38222300
Size
1,151 SF
Lot size
0.00 Acres
Amenities
reception area
kitchenette
Building Details
Year built
2000
Listing Agency:
Bluegrass Commercial Real Estate
(859) 492-5416
Listed By:
Brian Erwin · License #66559/210478
(859) 224-8833
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 22 at 4:06AM
MLS# 26026144
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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
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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
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
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Market
Lease Benchmarks for Lexington, KY
$23.21 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,788 SF
Avg Space Size
This space is priced 18% below the average of $23.21 /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 - Functional layout with private offices, conference space, reception, and kitchenette.
Where is this office units 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
