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Newly Renovated Two-Story Office Building
For Lease
$12 SF/Yr

104 Progress Dr, Frankfort, KY 40601

Move-in-ready, divisible office building with screened porch and ample parking, minutes to I-64 for easy regional access.

Space SizeContact for details
Days on Market92

Property Features for 104 Progress Dr

General Information

Standard status Active
Total Parking Spaces 44
Property subtype Office

Additional Details

Highway Access Yes
Office Units 2

Building Details

Year Renovated 2022
Stories 2
Listing Agency: NAI Isaac
Listed By: Max Darby · License #289600
Source: Naiisaac
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 5 at 6:11PM

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 NAI Isaac

Investment Insights

Based on property information with market context.

This newly renovated, two-story office building offers a move-in-ready setup designed for flexible tenancy. The property is divisible by floor, with each suite measuring approximately 5,840 square feet and featuring its own private entrance. The upper level includes 12 offices, a bullpen area, two conference rooms, an ADA-compliant restroom, a kitchenette, and a screened-in porch area. The lower level provides six offices, a large meeting/conference room, an open work area, a kitchenette, an ADA-compliant restroom, and an additional screened-in porch area.

The building is located in Frankfort, Kentucky, providing close access to Interstate 64 and US 60, making travel convenient to other regional markets. On-site parking includes 44 spaces, supporting both daily staff needs and visitor access.

With its separated floor configuration, private entrances, and renovated interior accommodations, the building can work well for single-tenant users that need multiple office zones or for operators seeking to lease one floor while keeping the other available. The property was renovated in 2022 and includes newer infrastructure such as a roof installed about two years ago, along with furniture that could be incorporated into an agreement. This combination of practical layout, accessibility, and parking makes it a strong option for a range of office users.

Key Highlights

  • 11,680 SF newly renovated two‑story office building for lease or sale in Frankfort, KY
  • Divisible by floor into two +/-5,840 SF suites, each with a private entrance
  • Upper suite: 12 offices, bullpen, 2 conference rooms, kitchenette, ADA‑compliant restroom, and screened‑in porch area

Property Analytics

Current Use

Solarity, a HealthTech Solutions ... Corporate Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Pharmacy Garden Center Furniture & Home Goods

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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

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 building - Move-in-ready, divisible office building with screened porch and ample parking, minutes to I-64 for easy regional access.
Where is this office building located?
The property is located at 104 Progress Dr Frankfort, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 11,680 SF newly renovated two‑story office building for lease or sale in Frankfort, KY; Divisible by floor into two +/-5,840 SF suites, each with a private entrance; Upper suite: 12 offices, bullpen, 2 conference rooms, kitchenette, ADA‑compliant restroom, and screened‑in porch area
More about this property
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