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Medical Office Space with Lab Features

1040 Manchester Street, Lexington, KY 40508

For Lease
Contact for pricing

The suite includes specialized cold-storage equipment and on-site parking.

Space SizeContact for details
Days on Market43

Property Features for 1040 Manchester Street

General Information

Standard status Active
Property subtype Office, Special Purpose

Site & Location

Neighborhood Speigle Heights Nghd
Road Access Yes

Additional Details

Space Use Office

Amenities

walk-in refrigerator/freezers

Spaces For Lease

at 1040 Manchester Street
Space 1 Active
Contact us
Listing Agency: Coleman Group Commercial Real Estate & Property Managemenet
Listed By: Michael Johnston · License KY #309564
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 10 at 7:35AM

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 Coleman Group Commercial Real Estate & Property Managemenet

Rey
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Investment Insights

Based on property information with market context.

This medical office space also offers laboratory functionality, with two walk-in refrigerator/freezers as part of the suite. The equipment supports a range of specialized workspace needs within the property’s office configuration.

Located on Manchester Street in Lexington, the property has on-site parking and access to Downtown Lexington, the University of Kentucky, and major roadways. Restaurants and retail are also nearby.

Key Highlights

  • Two walk‑in refrigerator/freezers provide specialized cold‑storage capacity
  • On‑site parking
  • Manchester Street location with access to Downtown Lexington, the University of Kentucky, and major roadways

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Microbiologics Custom Manufacturing ... Corporate Office Gibson Laboratories LLC ... Corporate Office Gibson Bioscience Medical Laboratory Gibson Laboratories LLC Medical Supply Store

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) 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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
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

$16.6 /SF/Yr
Avg Asking Price
$1.29–$28.47 /SF/Yr
Price Range
6,890 SF
Avg Space Size

Average Price Trend$/SF/Yr for Medical Office Space in Lexington, KY

$32.83 Jul
$17.66 Aug
$15.98 Sep
$16.49 Oct

Properties on Market for Medical Office Space in Lexington

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Veterinary Wellness Center — 466 Angliana Ave, Lexington, KY 40508
  • Uptown Hounds: Johnson Mindy DVM — 466 Angliana Ave, Lexington, KY 40508

Frequently Asked Questions

What type of property is this?
Medical Office Space - The suite includes specialized cold-storage equipment and on-site parking.
Where is this medical office space located?
The property is located at 1040 Manchester Street Lexington, KY.
What are key features of this property?
This property features: Two walk‑in refrigerator/freezers provide specialized cold‑storage capacity; On‑site parking; Manchester Street location with access to Downtown Lexington, the University of Kentucky, and major roadways
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